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Videogame revenues rebound as hardware sales continue surge

Published 07/20/2017, 06:49 PM
© Reuters.  Videogame revenues rebound as hardware sales continue surge
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  • 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


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