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Videogames close 2017 with 11% year-over-year sales gain

Published 01/18/2018, 07:01 PM
Updated 01/18/2018, 07:01 PM
© Reuters.  Videogames close 2017 with 11% year-over-year sales gain
  • With December's videogame sales adding an exclamation point to the year as always, the industry closed out a 2017 with yearlong total sales rising 11% Y/Y to $14.59B.
  • The story in hardware sales was the Nintendo Switch (OTCPK:NTDOY), whose early-2017 release helped goose that category by 28% to $4.71B for the year, according to NPD Group.
  • Combined sales of PlayStation 4 (NYSE:SNE) and Xbox One (NASDAQ:MSFT) are running at record pace, says NPD's Mat Piscatella; over the first 50 months in market for each, the installed base is running 18% ahead of the PlayStation 3/Xbox 360 team, and 4% ahead of the Playstion 2/Xbox combo.
  • Meanwhile, on a time-aligned basis for its first 10 months, the Switch has sold more consoles than any other platform in history, he says.
  • Software rose 4.9% for the year to $6.66B; console/portable software rose 6% to $6.39B, while PC game software dropped 20% to $275M. Accessories inched up 2% to $3.22B in 2017 sales
  • Call of Duty: WWII (NASDAQ:ATVI) used chart-topping sales from November and December to become the year's best-selling software title by dollars, ahead of NBA 2K18 (NASDAQ:TTWO) and Destiny 2 (ATVI). Madden NFL 18 (NASDAQ:EA) and The Legend of Zelda: Breath of the Wild (OTCPK:NTDOY) rounded out the year's top five games.
  • In the rest of the top 10 games: No. 6, Grand Theft Auto V (TTWO); No. 7, Tom Clancy's Ghost Recon: Wildlands (OTCPK:UBSFY); No. 8, Star Wars: Battlefront II (EA); No. 9, Super Mario Odyssey (OTCPK:NTDOY); and No. 10, Mario Kart 8 (OTCPK:NTDOY).
  • ETF: GAMR
  • Now read: Electronic Arts: I'm Ignoring The Negativity
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