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2009-09-12 08:25:00

US video games sales of hardware, software and accessories fell in August for the sixth straight month, declining 16 percent to $908.72 million following disappointing sales of the latest "Madden" game. According to data from market researcher NPD Group, U.S. sales of consoles and handheld devices declined 25 percent to $297.6 million, while software sales fell 15 percent to $470.32 million. Accessories such as musical instruments to play the games "Rock Band" and "Guitar Hero" increased 2...

2009-08-30 22:37:48

Conventional measures of the U.S. recession may be no more accurate than the underwear index, which charts sales of men's underwear, a consumer researcher said. The theory suggests that sales of men's underwear are stable -- as are sales of other necessities -- but during financial downturns sales drop off. It's a prolonged purchase, Marshal Cohen, senior analyst with the consumer research firm NPD Group told The Washington Post. It's like trying to drive your car an extra 10,000 miles. The...

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2009-08-18 15:15:41

Market research firm NPD Group announced on Tuesday that compact discs accounted for 65 percent of US music sales in the first half of 2009, but digital downloads are expected to nearly equal CD sales by the end of the year. "Many people are surprised that the CD is still the dominant music delivery format, given the attention to digital music and the shrinking retail footprint for physical products," said Russ Crupnick, NPD vice president of entertainment industry analysis. "But with...

2009-08-18 08:15:00

FAIRFIELD, N.J., Aug. 18 /PRNewswire/ -- SGS Consumer Testing Services announced today that it is sponsoring a two-part seminar on strategies for getting the apparel industry back on track presented by Marshal Cohen, chief industry analyst with The NPD Group, at the MAGIC and Sourcing at MAGIC shows that open August 31 in Las Vegas. Cohen, a former fashion industry insider and well-known authority on consumer behavior as well as the retail sector, will deliver two complementary 90-minute...

44cd3e7f82d5ea3c21058997d15b92bc1
2009-08-14 13:15:00

Video game sales had a steep drop in July, showing an even bigger decline than what many analysts were expecting during the recession, The Associated Press reported. Gaming hardware sales, along with software and accessories dropped to $848.8 million -- a 29 percent drop from the same period last year, according to Market researcher NPD Group. Sales have now declined for 5 straight months this year and the recent drop was even bigger than analysts anticipated. Mike Hickey, an analyst for...

41d66490d8d337a2f2e5cee82b20fa841
2009-07-17 11:20:00

Analysis from the NPD Group showed that U.S. videogame sales in June dropped for the fourth consecutive month as the previously recession-defying industry starts to show its vulnerability to current economic troubles, AFP reported. The industry-tracker reported videogame sales of $1.17 billion in June were 31 percent less than those in the same month a year earlier, marking the biggest drop since 2000. NPD analyst Anita Frazier said in a statement it was one of the first months where she...

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2009-06-24 09:29:28

NPD Group, a leading market research group, found in a study that active Twitter users buy 77 percent more digital music on average than non-users, and 12 percent have bought music in the last three months. "Based on their music-purchasing history, active Twitter users are simply worth more to record labels and music retailers than those who are not using Twitter," says NPD entertainment analyst Russ Crupnick. The study showed that a third of all Twitter users reported buying a CD in the...

f50d5e126828785ea589cdc0f94269201
2009-06-12 13:30:00

In May of last year, U.S. video gamers spent more on games, hardware and accessories than this May, suggesting this year's release schedule couldn't compete with Take Two Interactive's "Grand Theft Auto IV" last spring, The Associated Press reported. Spending fell 23 percent from last May to $863 million, according to the NPD Group.  They announced it was the first monthly tally below $1 billion since August 2007 and the third month in a row of declines year-over-year. THQ Inc.'s "UFC...

2009-05-19 08:00:00

New webcam is easy to use with vivid video and clear audio.   REDMOND, Wash., May 19 /PRNewswire-FirstCall/ -- Today Microsoft Hardware, makers of the best-selling LifeCam line,(1) delivers quality video calling for under $30 (U.S.) with the LifeCam VX-2000 -- an easy-to-use webcam with a built-in microphone and vivid VGA video. This new webcam makes setup a cinch; consumers can easily connect with friends and family, using their broadband Internet connection, just minutes after opening...

c1326f07b482d5ec923bc1d9aad0f122
2009-05-05 06:47:01

Research in Motion, the Ontario-based firm that created the BlackBerry Storm, is already at work on a next-generation successor to its popular smartphone, according to the company's co-CEO.  "We see this very large and untapped consumer market," said Jim Balsillie in a presentation to the company's analysts and investors.  Balsillie added that more than half of RIM's 25 million subscribers fall into the "non-corporate" category, which company strategists see as a sign that there is...


Word of the Day
siliqua
  • A Roman unit of weight, 1⁄1728 of a pound.
  • A weight of four grains used in weighing gold and precious stones; a carat.
  • In anatomy, a formation suggesting a husk or pod.
  • The lowest unit in the Roman coinage, the twenty-fourth part of a solidus.
  • A coin of base silver of the Gothic and Lombard kings of Italy.
'Siliqua' comes from a Latin word meaning 'a pod.'
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