News
 

Bookmark and Share

(1) 

Sales of packaged software has been declining for many years now thanks to the Internet evolution. According to chief executive officer of the world’s largest video game publisher, digital game sales will surpass those of traditional packaged games already next year in terms of revenue.

“When people think of games, they traditionally think, in the U.S., of what sells on the Xbox, the PlayStation, and the Wii, and they forget about all these online services that are out there. If you add all that stuff up, it is almost half the industry now. It is about 40% to 45%. Next year it is likely to be the larger share of the total industry and it will be bigger than the console games all put together,” said John Riccitiello, chief executive officer of Electronic Arts, in an interview with Reuters news agency.

Obviously, a huge chunk of digital video games industry is represented by phones for various mobile phones, portable game consoles and so on; another huge part of the market are online sales of video games for various non-portable systems; yet another part of the market are sales of PC games.

Even though sales of packaged games have declined this year due to global economic recession, sales of entertainment software for mobile phones are on the rise, partly due to their relatively low cost. No surprise that they are gaining popularity amid the economic slump and are likely to become even more popular next year.

Tags: Electronic Arts

Discussion

Comments currently: 1
Discussion started: 12/04/09 11:24:57 AM
Latest comment: 12/04/09 11:24:57 AM

[1-1]

1. 
Considering that EA makes some of the crappiest games on the market I would take what they say with a grain of salt.
0 0 [Posted by: JonMCC33  | Date: 12/04/09 11:24:57 AM]
Reply

[1-1]

Add your Comment




Related news

Latest News

Tuesday, May 21, 2013

7:44 pm | Microsoft Unveils Xbox One: The One and Only Machine One Needs in the Living Room. Microsoft Reveals Its New Vision for Game Consoles with Xbox One System

Monday, May 20, 2013

11:57 pm | Samsung Taps Intel Atom Processor for Galaxy Tab 3 10” Media Tablet. Samsung to Use x86 Microprocessor for Forthcoming Galaxy Tab 3 Slate

11:40 pm | Razer Launches Atrox Arcade Stick for Fighting Video Games. Razer Launches Controller for Old-School Fighting Games

9:57 pm | Western Digital’s HGST Launches Highest Capacity Hard Drive for Notebooks. HGST Unleashes World’s First 2.5”/9.5mm HDD with 1.5TB Capacity

9:31 pm | SanDisk and Toshiba Set to Begin to Produce NAND Flash Using Second-Gen 19nm Process Technology. SanDisk and Toshiba Create World’s Smallest 64Gb NAND Flash Chip

8:42 pm | Samsung Starts Manufacturing of High-Performance SSD for Enterprise Servers and Data Centers. Samsung Begins to Produce Enterprise-Class SSDs

8:10 pm | Nvidia: GeForce GTX Titan Outsold Dual-Chip GeForce GTX 690. In Three Months on the Market, Nvidia’s GeForce GTX Titan Outsold Year-Old GeForce GTX 690

6:43 pm | Futuremark’s PCMark 8 to Benchmark Performance and Power Consumption. Futuremark Announces PCMark 8 Benchmark

6:13 pm | Samsung Display Showcases Retina-Class Displays for Tablets and Notebooks. Samsung Display Shows Off State-of-the-Art Displays