Get 40% Off
🔥 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

Videogame revenues rebound as hardware sales continue surge

Published 07/20/2017, 06:49 PM
© Reuters.  Videogame revenues rebound as hardware sales continue surge
MSFT
-
ATVI
-
SONY
-
TWX
-
TTWO
-
NTDOY
-
  • Videogame sales rebounded to a Y/Y gain in June as continuing hardware gains combined with a software category that recovered from last month's declines to mild gains.
  • Overall sales rose 7% to $765M, with hardware growing 27% to $231M, according to NPD Group. YTD hardware sales are up 19% to $1.4B, powered by the release of the Nintendo Switch (NTDOY -1%) and, this month, a slim PlayStation 4 (SNE +0.2%) system in gold.
  • Accessories sales slipped fractionally to $159M.
  • Meanwhile, console/portable software rose 1% to $343M and PC games software (physical and via Steam) gained 2% to $32M. Bandai Namco's Tekken 7 (OTC:NCBDY) was the top-selling game, the second straight month that a fighting game topped the charts.
  • Following Tekken 7 in dollar sales: Injustice 2 (TWX +0.3%); Grand Theft Auto V (TTWO -0.5%); Crash Bandicoot: N. Sane Trilogy (ATVI -0.4%); ARMS (OTCPK:NTDOY); The Legend of Zelda: Breath of the Wild (OTCPK:NTDOY); Mario Kart 8 (OTCPK:NTDOY); Overwatch (NASDAQ:ATVI); NBA 2K17 (NASDAQ:TTWO); Horizon Zero Dawn (NYSE:SNE).
  • PlayStation 4 (SNE) was again the top-selling console, beating the Xbox One (MSFT +0.5%) and Nintendo Switch (OTCPK:NTDOY).
  • Now read: Activision Blizzard: Great Buying Opportunity


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.