Nintendo displaced Sony Corp. as the leader in the videogame console software market in the third quarter of 2007 as it introduced a flood of new titles for both its Wii video-game console and its portable DS system, according to iSuppli Corp.
Worldwide revenue for Nintendo DS and Wii gaming software amounted to $1.2 billion in the third quarter, up 31.4 percent from $943.6 million in the second quarter and more than double the $611 million from the third quarter of 2006.
In comparison, Sony Corp. in the third quarter generated $1 billion in gaming software revenue for its PlayStation 3, PlayStation 2 and PSP players. Microsoft Corp. posted revenue of $317.8 million for Xbox and Xbox 360 software. In the second quarter, Sony generated $1 billion in gaming software revenue for its gaming platforms, while Microsoft was at $271.9 million.
“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,” predicted David Carnevale, Vice President of Multimedia Content and Dstribution at iSuppli. “Company software sales should be further boosted by the addition of a new flagship title for the Wii, dubbed Wii Fit, which encourages players to engage in full-body exercises using Wii Balance Boards, performing activities including yoga, push-ups, aerobics and stretching.”
Find out more about the game console software content market in Carnevale’s latest report entitled: Internet Protocol TV Battle Heats Up. For more information on this report, click here.
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