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, July 22, 2014

10:40 pm | ARM Preps Second-Generation “Artemis” and “Maya” 64-Bit ARMv8-A Offerings. ARM Readies 64-Bit Cores for Non-Traditional Applications

7:38 pm | AMD Vows to Introduce 20nm Products Next Year. AMD’s 20nm APUs, GPUs and Embedded Chips to Arrive in 2015

4:08 am | Microsoft to Unify All Windows Operating Systems for Client PCs. One Windows OS will Power PCs, Tablets and Smartphones

Monday, July 21, 2014

10:32 pm | PQI Debuts Flash Drive with Lightning and USB Connectors. PQI Offers Easy Way to Boost iPhone or iPad Storage

10:08 pm | Japan Display Begins to Mass Produce IPS-NEO Displays. JDI Begins to Mass Produce Rival for AMOLED Panels

12:56 pm | Microsoft to Fire 18,000 Employees to Boost Efficiency. Microsoft to Perform Massive Job Cut Ever Following Acquisition of Nokia