ZTGD Next-Gen Console Wrap-Up

In 2005, the video game industry brought in record profits of $7 billion, catapulting a business once thought by many to be merely "child's play" past the revenue of both the movie and music industry.

Entering into the busiest shopping season of the year, the video game industry is once again looking at record numbers, this time banking on two of its heaviest hitters, Sony and Nintendo, as both companies' prime new consoles for release into the American market in late November.

Ever since the launch of the original Playstation gaming system in 1995, Sony has dominated the industry. In fact, since its launch in 2000, over 20 million copies of the companies Playstation 2 gaming system have been sold, out performing the competition by a margin of two to one.

Read Full Story >>
The story is too old to be commented.
CyberSentinel4452d ago

"In 2005, the video game industry brought in record profits of $7million..."

Shouldn't that number be 7 Billion?

Ravenator5294452d ago

EA makes more than 7 million on the Madden series alone.

The gaming industry is a "billion" dollar industry.

JPomper4452d ago

Factually flawed and filled with opinion. Doesn't help he posted it on this site himself.

Tut4452d ago

I think that is called news here, JPomper. =)

Alymon4452d ago

OMG It's the legendary JPomper!

power of Green 4452d ago

I think the Dev's will be making most the money if you know what i mean.

AuburnTiger4452d ago (Edited 4452d ago )

I was in my local Target in the ATL just walking around near the LCDs just browsing and low and behold there it was, a PS3!!!

The demo version of an NBA game was playing at the time and since I’m not too big on basketball games I held the ps3 logo button on the controller to exit the game. While browsing around the interface I noticed a MotorStorm icon/picture and it turned out to be demo of the game. I was able to play the game on the only track available.

The game was awesome. When switching the view to the windshield the game moves fast and damn near realistic. Wow, it's too bad lunch breaks only last an hour.

kikilala4451d ago

i envy u so much.. i wish i could touch the PS3 too.. i guess March it will be for me...

JoeyGuacamole4451d ago (Edited 4451d ago )

First, I wrote it and ZeroTolerance posted it. Second, what oppinion? Everything is attributed to a source.

And the million, yeah it was a typo..damned stubby hands.