Gamers-Sanctuary

May was a sad time indeed for the gaming industry, the total sales of games, hardware, and accessories dropped a whole 5% and that brings it down to $823.5 million in losses.  Hardware sales lost a whole 20% losing $241.5 million in May alone, this is most likely due to the price drop done by Nintendo, Sony, and Microsoft.  Well if its going to cost them that much, why cut the prices? Simple, its because people stopped buying! When a new game comes out, it used to cost $50 for older consoles like the Xbox, Playstation, Dreamcast, etc. But now that newer consoles come out, the resources used to make them increases along with better storylines, gameplay and graphics for today’s gamers.

Today when a new game comes out, the price is usually around $60 and that’s alot! Its not just me who thinks so but almost everyone, which results in games not  being bought because its too expensive. We want our money’s worth in games, so if a games going to cost that much, then it better be good. Back onto the subject, when big game industry’s drop prices, people come to buy all kinds of stuff because its saving them alot of money which they like, but at the same time is causing big companies some harm, like that huge $823.5 million figure.

Although gaming software rose 4 percent to $466.3 million and that’s thanks to the hit western style game Red Dead Redemption. Sales of video game accessories rose 3 percent to $115.7 million The best selling accessory was the 1600 Microsoft points card. Due to the bad economy and all these other problems, its becoming difficult for both the producer and the consumer, well see if this cycle continues.