News Column

Sony tops Microsoft in sales of console

June 17, 2014

Bloomberg News

San Francisco:Sony's PlayStation 4 beat Microsoft's Xbox One in US console sales in May, extending its lead for a fifth straight month.

Overall consumer spending on video-game hardware and software jumped 52 per cent to $586 million last month, compared with a year earlier, with the PS4 retaining its sales lead as the No. 1 platform, NPD Group said in an e-mailed statement on Monday.

Microsoft last week began selling a lower-priced version of its Xbox One to match the $399 price of Sony's PS4. The company had struggled to convince gamers that the $499 price tag of the console is justified. Both companies showcased new titles for the machines at the industry's annual E3 conference earlier this month, as they gear up for the year-end holiday season.

Sony has led Microsoft in US console sales every month since the new devices were released in November. At the E3 conference in Los Angeles, Microsoft used its entire presentation to focus on hard-core players, who were alienated by an Xbox One debut last year focused on non-game entertainment.

While most of the rise in console sales was driven by the Xbox One and PS4, there was also growth from a year earlier for Nintendo's Wii U and Sony's PS Vita after the addition of game titles, according to NPD.

US hardware sales in May almost doubled to $187 million, while revenue from software excluding titles for PCs gained 57 per cent to $274 million. The increase in game sales was the first after six months of declines and helped overall sales jump the most since June 2008, according to NPD.

Seven of the 10 top-selling titles in May play on the new consoles, including the No. 1 game Watch Dogs from Ubisoft, the researcher said.

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Source: Times of Oman

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