2007 US Video Game Sales Soar by 43% - Canadian TV, Computing and Home Theatre Forums
 
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post #1 of 7 (permalink) Old 2008-01-18, 02:20 PM Thread Starter
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2007 US Video Game Sales Soar by 43%

This just in: the U.S. video games industry shot up an astonishing 43% in 2007 with chart-busting performance in every product category. You've heard me mention record-breaking figures to come? How's $17.9 billion (versus $12.53B in 2006) in total sales grab you?

Nothing like a few next gen consoles and lots of games to juice sales!

Nintendo DS and Wii were the top sellers followed by XBox 360, PSP, PS2, and PS3



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post #2 of 7 (permalink) Old 2008-01-18, 02:37 PM
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Wow that is amazing. Great time to be a gamer. I have said this many times but competition in the industry is good overall. It brings on innovation that can deliver video games to the masses. Why anyone wants one particular maker to win this so called "war" is beyond me. 2008 will be an exciting year for gaming.
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post #3 of 7 (permalink) Old 2008-01-18, 03:35 PM
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It's funny that you can have so many competing formats succeed in video games but having two high res audio formats and two HDM formats kills the uptake and adoption.
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post #4 of 7 (permalink) Old 2008-01-18, 03:53 PM
 
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Well, videogames are a big market, bigger than movies. I think it's the largest entertainment market, no?
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post #5 of 7 (permalink) Old 2008-01-18, 04:57 PM
 
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Well, videogames are a big market, bigger than movies. I think it's the largest entertainment market, no?
I think porn is still #1....hahaha
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post #6 of 7 (permalink) Old 2008-01-18, 05:17 PM
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DVD sales and rentals last year were over $23 Billion so that's smaller than video games and last year was 3% lower than 2006. There has to be some other reason.

And, it appears from another thread that we are more inclined to own multiple systems as well. I personally have 4 different present gen systems at home but am unwilling to buy HD-DVD (even before Warner pulling out) because I already owned a BD player. Odd.
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post #7 of 7 (permalink) Old 2008-01-19, 11:52 AM
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I think the real battle will be between video games and movies. The more realistic games become, the more they become like interactive movies. And even if a game lasts only 6 hours, that's three times as much time as a movie.
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