No Recession for Game Console Makers
Americans are tiring of US$4.50-a-gallon gasoline, dire warnings from Iran and nasty political rhetoric. So they seem to be taking our their frustrations by blasting alien invaders and enemy soldiers and playing tennis with their TV sets.
Video games seem to be providing consumers a better entertainment bang for their buck this summer, as a dour economy forces them to choose "staycations" over vacations. Year-to-year June sales of video-game consoles surged 54 percent, spurred by strong sales from Nintendo’s Wii and Sony’s PlayStation 3 , according to an NPD Group industry report.
