Sales of video game consoles in the US during November went through the roof. Sales of Sony’s (SNE) PS3 rose to 466,000 units for the month up from 121,000 units in October. Price cuts on the product almost certainly helped sales.
Microsoft (MSFT) sold 777,000 Xbox 360 consoles, up from 366,000 the month before, according to NPD Research.
The Nintendo Wii continued to lead the pack, selling 981,000 units, up from 519,000 in October.
According to MarketWatch "sales of game software in North America soared 62% to $1.3 billion for the month."
Data on online sales of holiday items indicates that game console sales bought on the internet may be running double what they were last year.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
