Console price cuts less beneficial to new game sales

Although all current generation consoles are seeing an upsurge in sales due to price cuts, new gaming consumers are likely to buy second hand games rather than new software to accompany their hardware.

That's according to analysts Doug Creutz of Cowan and Company, who said that while hardware sales are recovering after a six month slump, publishers of new software may not see the benefit.

"We remain somewhat cautious about the impact of hardware sales on near-term new videogame unit sales," wrote Creutz in a note to investors.

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gamesR4fun3600d ago

n you wonder why we might b hesitant to by new games...