LazyGamer via GFK writes: "GfK is one of the largest market research companies in the world and have been tracking the SA retail sales for quite some time now. They have kindly forwarded the following article to us which is purely related to the gaming consoles sales in South Africa.
The market for consoles in South Africa continues to grow despite the adverse economic climate and the overall credit crunch since the new NCA in June last year. From the scope of product categories tracked by GfK almost all of them are either flat or negative. Gaming consoles remains deep on the positive side with a volume growth of +22% YTD (compared to the same timeframe last year) and +16% in value. The lower growth rate for the value development is due to the price erosion among consoles in particular the XBox360.
One has to take into account though that the PS3 was introduced in Mar07 and the Wii in Oct07, automatically these two platforms will have higher growth rates than the previously introduced Xbox360.
The total stock in the market is a tricky question; we estimate an install base for the Xbox360 of around 65.000 units since launch which makes it the leader among the next-gen consoles. The PS3 should have approximately 40.000 units installed and leads the market on the value side. The last entrant into the console market, the Wii, has had the fasted introduction of all the next-gen platforms reaching approximately 45.000 sold units since spring last year. This would position the market in units as:"
Install base in units (next-gen only)
Xbox360 43%
Wii 30%
PS3 27%
Total 150.000 next-gen consoles
Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.
Xbox content + services up 62% while hardware down 31%... seems about right with the way they tout you don't need the hardware to play. People can play on their phones or smart tv or other means. I don't hardly play on my consoles directly since getting devices like the logitech g-cloud and ps portal. Which is to also say I have been playing more digital than physical because of these devices.
Too expensive hardware when others offer the same or more for less? Good work, Green Team.
"Despite some early successes for Xbox games on rival platforms, Xbox hardware is down by a massive 31 percent this quarter."
"Without Activision Blizzard, Microsoft’s overall gaming revenue would have actually declined this quarter."
"Xbox content and services would have only been up a single percent without Activision Blizzard..."
"It looks like next quarter is going to be a similar story for gaming at Microsoft, too."
That is crazy... so A/B/K is carrying the whole Xbox gaming.
Oh and Microsoft will be fine. Windows, Office and Cloud are growing with each pc purchase.
As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.
And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.
They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -
Gary Green said: We have a juxtaposition of 2D and 3D visuals, flashy turn-based combat, quirky anime characters with cheeky dialogue with plenty of partial nudity; Yes, this is a Compile Heart JRPG. Whilst the engine is borrowed from Hyperdimension Neptunia mk2, Mugen Souls is more of a Disgaea spin-off. It’s not a strategy RPG as such, it merely sits within Disgaea’s ever-expanding universe (Multiverse? Netherverse? Your guess is as good as mine). You won’t find cameos though, since Mugen Souls is a franchise which aims to stand on its own two feet.
I am from SA and the number one reason for the current market share is
piracy.
Games in general are overlly expensive, so a modded console is the way to go.
Most of my buddies are dying for a PS3 but are waiting for a modchip, so they go the more affordable route (Xbox360 modded). Sad, Sad, Homies.