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Sony: PlayStation 3 Sales Up For Holiday Season

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Posted January 6, 2009 - By Stephen Johnson

Not all economic news is doom and/or gloom. Sony said sales of the PlayStation 3 were up 130 percent for the holiday season. They also report a nearly 40 percent increase in hardware sales for the 2008 calendar year.

SCEA vice president Ian Jackson said he's confident the company's momentum will continue into the new year. "2008 was a pivotal year for PlayStation with the best software line up in the industry, a dramatic expansion of PlayStation Network including the launches of the video delivery service and the beta of the PlayStation Home," Jackson said.

Although PS3 sales in November 2008 were down 18.8 percent from November 2007, the company claims that this was an anomaly due to November 2007's price-cuts.

So, basically, Sony says they're doing fine, even though they're currently running third in the console race. My question is: Is this proof that video games are a recession-proof industry, or is this Sony looking at their year-end numbers with rose-colored glasses?

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Sony: PlayStation 3 Sales Up For Holiday Season
http://www.g4tv.com/thefeed/blog/post/692201/sony-playstation-3-sales-up-for-holiday-season/
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