Saturday, June 14, 2008

May Video Game Sales Figures; Nintendo on Top

As I once again lament my failure to invest in Nintendo stock nearly two years ago when I predicted the Wii would blow the competitors away, May 2008 video game sales information indicate Nintendo has massive leads over Sony and Microsoft. These sales data come at a time when most US economic factors indicate slowing growth, while video games buck the trend. Similar data from last month tell a similar but not as drastic tale.

According to ArsTechnica, for the month of May, the top two hardware items in terms of volume, the Wii and DS, combine to sell over one million units in May alone in the US. This in the face of the number one game released this month, Grand Theft Auto IV, which is not available on either platform. As a comparison, the PS3, PSP, and 360 sold just under six hundred thousand units combined.

Software sales tell a similar story. While GTA IV is tops, with the 360 version selling nearly nine hundred thousand copies, Nintendo rounds out the rest of the top ten with seven titles; second and third are Mario Kart Wii with just under eight hundred thousand sold and the pricy Wii Fit with nearly seven hundred thousand units shipped. Fourth is GTA IV for PS3, and the rest, six through ten, are all Nintendo titles; Wii Play, Super Smash Brothers Brawl, Guitar Hero III for Wii, and the twin Pokemon Dungeon Explorer titles. It truly is a Nintendo renaissance.

With the exception of the recently released and excellent Metal Gear Solid 4, Sony and Microsoft may be having a tough time with pushing consoles in the next few months. Until the holiday season, Nintendo may rule the US markets, and likely overseas as well. But many titles, including Force Unleashed on Wii with lightsaber battles, the rumored Spore for Wii in the next year, COD:5 finding a home on the Wii along with Sonic Unleashed, the new Sonic RPG for the DS, Rock Band Wii, along with the very exciting The Conduit first-person shooter, make Nintendo's future bright.

I sure wish I had bought that stock...