Marketplace®
Every story is an economic story

Video game sales plummet

This is a Marketplace.org Reader

It’s a weird time to be in the video game business. On today’s Tech Report, we tell you about Ouya, a not-yet-built console that raised a million bucks in just eight hours on Kickstarter and has raised over four million bucks overall, promising an open environment for game developers. So people do like games.

That fondness is not reflected in new sales figures, however, that show game sales tumbling a whopping 29 percent in June. 29? Yes! WHAT? I know.

Among losers, Microsoft was the winner, says Bloomberg:

Microsoft Corp. said U.S. retailers sold 257,000 Xbox 360 game consoles in June, giving the company more than 40 percent market share for the 18th straight month. A year ago, Microsoft sold 507,000 of the consoles.

If I’m a video game executive, I’m bumming. But I’m not a video game executive. I’m a dad and I think this news is actually good news. It means that in the first month of summer, kids might be going outside instead. GO OUTSIDE, KIDS! YAY! BIKES! POOLS! YAY!

Latest Episodes

View All Shows
  • Marketplace
    11 hours ago
    25:22
  • Marketplace Morning Report
    19 hours ago
    7:09
  • Million Bazillion
    a day ago
    30:57
  • Marketplace Tech
    a day ago
    12:45
  • This Is Uncomfortable
    6 days ago
    28:44
  • Make Me Smart
    4 months ago
    24:33