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Console Sales And Revenue Down; Xbox In Second Place

Analysts at <a href="http://www.instat.com/">In-Stat/MDR</a> have confirmed the widely held belief that the current generation of consoles have already begun a cyclical d...

David Jenkins, Blogger

November 24, 2003

1 Min Read

Analysts at In-Stat/MDR have confirmed the widely held belief that the current generation of consoles have already begun a cyclical downturn in demand, with 2003 world-wide shipments excepted to be down by more than 2 million units, compared to 2002. However this drop is so far only being attributed to the PlayStation 2 with demand for the GameCube and Xbox still on the rise – largely due to their hitting the market a year later. Console revenues are expected to fall across the board though by $2 billion, due to price-cutting. The most controversial element of the company’s statement is their assertion that the Xbox is still leading the GameCube in total world-wide sales – despite several other reports to the contrary.

About the Author(s)

David Jenkins

Blogger

David Jenkins ([email protected]) is a freelance writer and journalist working in the UK. As well as being a regular news contributor to Gamasutra.com, he also writes for newsstand magazines Cube, Games TM and Edge, in addition to working for companies including BBC Worldwide, Disney, Amazon and Telewest.

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