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Video game hardware sales soared, thanks to Xbox One, PS4

Gaming hardware in the United States saw a boost in December, thanks to the Microsoft Xbox One and Sony PlayStation 4 (NASDAQ:MSFT, NYSE:SNE)

| Gaming Consoles News | Posted: Jan 1, 1970 12:00 am

The launch of the Microsoft Xbox One and Sony PlayStation 4 game consoles helped drive U.S. video game hardware sales 28 percent in December 2013, according to research firm NPD Group.

 

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"Increases in December hardware sales were caused by continued strong sales of the new Xbox One and PS4, driving console hardware sales up over 50% compared to December 2012,"said Liam Callahan, NPD Group analyst, in a statement.

 

Both the PC and console gaming markets are lucrative, and it's no surprise to hear Microsoft and Sony benefitted from console releases in late 2013. Although hardware sales saw a boost in December, video game software dropped 17 percent, but still collected $1.31 billion in sales during December.

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