More Videos
- Has Twitter's Finest Hours (Seconds) Come and Gone?
- Intel's Andy Bryant Offers An Explanation
- Apple's Global Retail Invasion
- Intel Settles; AMD Settles the Score
- HP's Shot Across Cisco's Bow
- Back Off, Regulators!
- iPhone, App Strategy the 'New Dot Com?'
- Cisco Jumps; Rest of Market to Follow?
- Call It 'Microsoft Math'
- Intel in the Anti-Trust Crosshairs, but Why?
MOST SHARED
- CNBC Video: Warren Buffett & Bill Gates - Keeping American Great
- Today's Market Action
- Has Twitter's Finest Hours (Seconds) Come and Gone?
- Microsoft's Bill Gates Praises Apple's Steve Jobs For 'Saving the Company'
- CNBC TRANSCRIPT: Warren Buffett & Bill Gates - Keeping America Great
- China's Role as Lender Alters Dynamics for United States
- Israel Going Green
- Inside Wal-Mart's Acai Berry Juice Maker
- Low Interest Rate Investing
- U.S. Stocks Rally for the Second Straight Week
- Dollar is Not Plunging—So 'Calm Down': Market Strategist
- Strategists Say Markets Have More Upside — But How Much?
- Hirschhorn: Risk-Averse Traders
- Roginsky: A Funny Thing Happened on the Way to Financial Reform
- This Year's Biggest Thanksgiving Leftover: Cash
- TV Series Inks Unique Deal For Fight
- First Time Buyers Rescue Housing: Realtors
- Dollar General Trades Higher After Its IPO
- White House Plans to Freeze Spending to Cut Deficit
- Week Ahead: Investors Go for Quality, Assess Recovery
- Hedge Fund Billionaire Paulson Reports New Citi Stake
- Cramer: 5 Earnings Reports to Watch Next Week
- Court Rejects 'Clawbacks' for Alleged Stanford Victims
- Cities With the Most Home Price Reductions
- Tax Credit Sparking First-Time Home Sales: Realtors
- Investors Cut Back US Stocks for Bigger Growth Abroad
- This Year's Biggest Thanksgiving Leftover: Cash
RSS FEED
Tech Check
Text Size 
 |
CNBC.com |
] family friendly approach to video-gaming, there comes word, courtesy of iSuppli, of just how big the Wii has gotten: how about #1? ISuppli reports that Nintendo has actually replaced Sony [SNE
Loading...
()
] as the number one video game console vendor, surpassing the PlayStation maker in the third quarter, 2007. Worldwide revenue, the market research firm reports, for both Nintendo's Wii and its portable DS, hit $1.2 billion, up a whopping 31.4% from the $943.6 million the company reported the quarter before;; and more than double the $611 million from the same period a year ago.
During the third quarter, Sony reported $1 billion in gaming revenue for PlayStation 3, PlayStation 2 and PlayStation Portable. Microsoft [MSFT
Loading...
()
] was way back in third position with $317.8 million for Xbox and Xbox 360. Yet, while Nintendo and Microsoft both saw healthy sequential and year over year gains, Sony's sales, surprisingly, were flat. And that's a big problem for them.
Mostly because iSuppli analyst David Carnevale says that "Nintendo is likely to maintain its lead in this area, as it expects by the end of 2007 to ship about 200 additional titles, adding to the more than 150 games already released, many from outside publishers." In other words, the company isn't slowing down any time soon.
One of those titles will generate a lot of attention tomorrow. The ultra-violent Manhunt2 from Rockstar Games will be released for Nintendo Wii on Wednesday. Hardly the kind of family fun the Wii is known for, the title was banned in the UK back in June. Players can even use the nifty Wii hand controller to simulate a stabbing motion to kill characters in the game. How fun!
Seriously, it was bound to happen. As Microsoft moved its Xbox 360 more toward families with last week's "Arcade" version of the platform, it stands to reason that Nintendo would move itself more toward a more mature audience to try to chip into Microsoft's market.
But wow, talk about the sublime to the ridiculous. There probably aren't many titles more violent than this one, so it'll be interesting to see how Nintendo handles all this. The company is preparing a "reactive" statement to the game's release. I called. Check back here and we'll pop it in when we get it. (see update below).
There's some collateral damage here as well: Electronic Arts [ERTS
Loading...
()
] , banking heavily on the success of the PlayStation platform is apparently losing revenue, iSuppli says. EA reports its earnings this Thursday and this is bound to come up on the conference call.
And it'll also be interesting to see what iSuppli comes up with as far as sales momentum is concerned for the fourth quarter, now that we already know how much better-than-expected Xbox 360 sales appear to be for Microsoft. The company's Entertainment and Device unit, home to Xbox, did a half-billion dollars better than estimates when the company reported earnings last week.
But the story here is as much Nintendo's continuing momentum, as it is Sony's apparent stall in the marketplace.
UPDATE: “Manhunt 2 is not developed or published by Nintendo. It is one of many titles released by third party publishers for our system that appeal to people of all ages and interests. Just as with movies, television, and books, different video games appeal to--and are appropriate for--different audiences.
Video game retailers and purchasers are strongly encouraged to follow the age-specific ESRB ratings when considering what software to sell or buy. If parents are concerned about kids having access to inappropriate Wii games, we encourage them to utilize the PIN-operated Parental Control features built into Wii."
Questions? Comments?
Data is a real-time snapshot *Data is delayed at least 15 minutes