Analysis: PS3 selling more games than Xbox 360 with smaller install base
The PS3 is rapidly becoming the bread-winner for many of the third party publishers. We wrote a story a few months ago where according to EA’s financial report the PS3 was the clear bread-winner over the Xbox 360 and the Wii. Now it seems that Konami, Namco Bandi and Ubisoft have joined the ranks of EA where the PS3 console is bringing in more money than the Xbox 360.
In our previous story, we talked about how the PS3 is EA’s new bread-winner in terms of bringing home the bacon. According to EA’s previous financial statement, the PS3 accounted for about 17% of total revenue in comparison to the Xbox 360’s 10%. That is quite significant when considering that EA is the largest third party video game publisher in the world.
Namco Bandi is the largest third party publisher in Japan. According to the publisher’s recent financial statement, the PS3 currently moved approximately 57% more software than it’s direct competitor, the Xbox 360. Namco Bandi is sort of the EA of Japan, considering the amount of revenue it generates from software.
Konami is one of the top three publishers in Japan in terms of revenue. With the recent release of Metal Gear Solid 4, it is not all that surprising that the PS3 would have a larger piece of the pie. However, according to Konami’s recent financial statements, the PS3 accounted for a whopping 57.3% of the sales this past quarter, while the Xbox 360 accounted for only 2.6%. This changed from last year, when the Xbox 360 brought in more sales compared to the PS3.
UbiSoft is considered to be one of the top three publishers in all of Europe. According to UbiSoft’s half year financial report (6 months 2008/09), the PS3 accounted for about 20% of the software sales compared to the Xbox 360’s 14%. Considering UbiSoft’s presence in Europe, this is quite a significant turn of event.
It’s mind blowing that not only is the PS3 competing toe-to-toe with the Xbox 360, it is out performing the later in many of the instances. Considering that the Xbox 360 has a larger install base by 5 million, it looks like the PS3 is performing more efficiently in terms of sales for third party publishers.
Since 2005, when the Xbox 360 first launched with no competition, it seems that the PS3 has been steadily climbing in terms of the software sales. This pretty much means that the PS3 has been taking more and more potential Xbox 360 sales as time goes by. The future for the PS3 looks bright and healthy, however if the current trend continues the Xbox 360 might find itself struggling to compete in the market.