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Video Game Sales Up Despite Struggling Economy

by Terrence O'Brien on March 14, 2008 at 01:42 PM

Video Game Sales Still Strong, Despite Struggling Economy
While the rest of the economy struggles through what is almost certainly a recession, the video game industry is not only surviving, but thriving. Sales of games and consoles are up 34 percent from last February, and even the eight-year-old PlayStation 2 is selling almost 20 percent more units than last year.

February's sales reports are particularly good for Sony whose PlayStation 3, though still trailing the Wii in sales, beat out the Xbox 360 for the second month in a row.

With several big name titles still to come this year, such as the highly anticipated 'Grand Theft Auto 4,' sales are only expected to increase. 2008 is shaping up to be yet another record breaking year for the video game industry.

From Reuters

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Tags: breaking+news, business, playstation, top, video games, VideoGames, wii, xbox

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