Video Game Sales Outpace Expectations in February

The video game industry got some long-awaited good news in February.

Software sales came in slightly better than analysts were expecting, while hardware sales shattered forecasts. For the month, game sales fell 5 percent versus a year ago, according to the NPD. (Analysts had expected a drop of between 6 and 10 percent.) Sales of gaming hardware were up a surprising 10 percent, though.

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Game hardware sales soar in February

Gamers went on a buying spree in February, shocking analysts and rocketing the video games industry into positive sales territory for the first time in over two years.

Buoyed by an unexpected 10 percent jump in hardware sales and a 22 percent surge in peripherals (led by Microsoft’s┬árecord-setting Kinect), video game industry sales are now 4 percent above where they were a year ago year to date, according to the NPD Group.

Read more at Yahoo! Games

 

Video Game Investors Brace for Another Bad Month

With a weak slate of titles, February is shaping up to be another negative month for the video game industry.

Analysts expect game sales, which will be announced by the NPD Group after the market closes Thursday, to be significantly lower than the 2010 figures, as publishers once again had a lack of new blockbusters in the pipeline.

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Will Killzone 3 ignite 3D gaming?

3D hasn’t exactly taken the gaming world by storm so far, but that’s not stopping Sony from giving the technology another big push.

Killzone 3, due out this week, is the latest installment in the company’s eye-popping shooter series. And Sony’s pulling out all the stops this time. Arguably the best graphics to appear in a PlayStation 3 game to date? Check. Integration of the PlayStation Move controller? You bet! 3D? Oh yeah — it’s in there, too.

Read more at Yahoo! Games