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NPD: Video game hardware purchases up 47% during first quarter of 2014

Video game hardware sales saw a great boost during Q1 2014, but the overall industry dipped 1 percent in the three-month period

By: Michael Hatamoto from May 25, 2014 @ 13:45 CDT

Video game hardware purchases grew 47 percent, reaching $983 million during Q1 2014, according to The NPD Group research company. Both next-generation consoles from Microsoft and Sony, along with a resurgence in PC gaming, led to a great market for gamers wanting to purchase new hardware, software titles, and gaming accessories.

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"For the first quarter of 2014, content spending increased for used games, digital full games, DLC, and mobile with a modest increase in subscription revenue," said Liam Callahan, NPD Industry Analyst, in a press release. "This is another example of the interplay of physical media as well as digital downloads as consumers transition further into this console generation."

The Sony PlayStation 4 game console outsold the Microsoft Xbox One for the fourth consecutive month in the United States - though both game consoles have doubled combined sales of the PlayStation 3 and Xbox 360, respectively. It will be fun to see what both companies do in the next quarters, especially the 2014 holiday shopping season.

NEWS SOURCES:npd.com

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