Video Game Sales Seen Pausing After Record 2003
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Video game sales soared to a record  $18.2 billion last year, but the days of strong growth are on  pause as players await a new generation of consoles in 2005 and  2006, a new study showed on Wednesday.
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Sony Corp.&#39;s (6758.T) $100 price  cut for the PlayStation 3 is not enough to turn the fortunes of  the game console, which has suffered a slow start, an executive  of game software maker Konami Corp. (9766.T) said.
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Sales of Sony's PlayStation 3 game machine sales totaled 1.2 million in North America during the key holiday season, the electronics and entertainment company said Monday. The performance gave a lift to its Blu-ray video format because the console also works as a Blu-ray player.
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Global sales of recorded music slid 1.3 percent in the first half of 2004, but the rate of decline was slower than in previous years, a leading industry group said Thursday.
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Wii sales lead, but Sony's PS3 consoles hit 1 million in sales in record time.
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Just when Sony appears to have turned around its electronics business, another part of its sprawling empire &#151; video games &#151; is dragging down profits.
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Retail sales growth in the week after Thanksgiving fell to 3.1 percent, the slowest rate in four years, as consumers delayed holiday purchases to wait for discounts.
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Sales of video games rose about 11  percent in the United States in November, analysts said on  Friday, with two key titles responsible for almost 30 percent  of all games sold in the month.
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Ziff Davis - If you play games a lot, you may have recently found yourself thinking that despite epic advances in graphics, the video-game industry is in a rut.
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US retail sales barely rise in January, figures show, as consumers pause for breath after a hectic end to 2006.
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Sales declined 15 percent from a year earlier, to $244.9 million in the period ended Oct. 31, according to the company.
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TOKYO -- Price cuts for the PlayStation 3 video game console are among the factors Sony is studying as it seeks to break even in its money-losing gaming business next fiscal year, a company executive said Wednesday.
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SAN FRANCISCO - Consumers are easing off on PC purchases as corporations ramp up their purchases, according to the latest data from market researcher IDC. Slackening consumer demand will help lower expectations for the market in the second half of 2004 and into 2005, IDC said Monday.
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The 2004 shopping season is turning out to be the year of the blockbuster for video game companies as they race to score one more big hit before the current generation of Xboxes and PlayStation 2s makes way for new machines.
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TOKYO -- Just when Sony appears to have turned around its electronics business, another part of its sprawling empire _ video games _ is dragging down profits.
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NEW YORK  - The video game sector will remain one of the above-average growth segments of the global entertainment industries through 2011, with global games spending set to exceed music spending this year, according to consulting firm PricewaterhouseCoopers.
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LOS ANGELES  - Sales of video games rose about 11 percent in the United States in November, analysts said on Friday, with two key titles responsible for almost 30 percent of all games sold in the month.