Retail

NPD: PlayStation 3 hits tenth month of consecutive growth

Fri 02 Jul 2010 7:16am GMT / 3:16am EDT / 12:16am PDT
BusinessRetail

Supply issues in the US beginning to improve, says SCEA

Sony Computer Entertainment

Sony Computer Entertainment is a Japanese videogame company specialising in a variety of areas in the...

www.playstation.com

Sony's PlayStation 3 enjoyed its tenth month of consecutive growth in May, according to US data from Sony.

Hardware sales were up 18 per cent compared to last May and revenues up 58 per cent, with Patrick Seybold, corporate communications boss, stating that inventory is beginning to improve after a number of months with supply issues.

"We are now beginning to experience greater availability of product and are looking forward to this fall’s most anticipated launch, PlayStation Move," he said in a statement.

Although sales continue to improve for Sony, overall revenues for all three home consoles were down 20 per cent in the US during May compared to last year due to lower prices on hardware.

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Matt Martin
Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.

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