Video game sales down, Xbox 360 to the rescue

by: Chuck -
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John is going to give me some guff for the title but according to this article from Reuters, video game sales are down 20% from last year.  They do expect sales to pick up this month and next month with the impending release of the Xbox 360.  In a way this makes a lot of sense as we really haven't had the major, "gotta have it" uber-game this year (last year we had Halo 2, Doom 3, Half-Life 2 all around the same time) and there's the issue of people holding off on buying things in anticipation for the release of next generation consoles (which they site in the article).  It's going to be interesting to see how well the Xbox 360 does as there are already rumors of shortages (good luck trying to pre-order one).  Hopefully we are not on the cusp of the video game recession that has already struck Japan.
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