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Falling game sales hit amazon

Second quarter results hit by "industry slowdown in videogames and consoles"
Online retailer Amazon.com posted a fall in second quarter profits on the back of a legal settlement and weakness in the videogames market.

While total sales were up 14 per cent, profit fell ten per cent, according to the Wall Street Journal.

"You're seeing an industry slowdown in videogames and consoles," said the company's chief financial officer, Tom Szkutak.

Amazon chief executive Jeffrey Bezos suggested that the company's rising sales showed that its expansion strategy is paying dividends.

"We're staying heads down focused on providing customers low prices, vast selection, and fast delivery," he noted.

Article supplied by Edge Online

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// Interactive
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Posted by Barca Azul
Its summer and most publishers don’t release much, its not news!

Plus the ways devs are postponing games at the moment, don’t expect too much for Christmas either!

Oh and by the way, there is a global recession, in case you hadn’t noticed.
Posted by svd_grasshopper
noone wants to preorder games with their prices jacked up for no good reason.

its £5 extra. which is nothing. but its £45 worth of resentment. **** you activision.
Posted by WHERESMYMONKEY
simple answer. Don't buy MW2. Its gonna be the same shite as the last one anyway.

However i bet you that the supermarkets i'll do the same thing they did with WAW. wait a week for it and they'll drop the price to £25.
Posted by DrRickDagless MD
There was such a wave of quality releases last christmas that I've only bought old or really cheap games as I still haven't opened many that I aquired over last years 4th quater.
Posted by The_KFD_Case
I've been doing my part to keep Amazon's game sales growing, and then some! However, I do focus primarily on second-hand games and actively discounted games, although this is more true for consoles games than PC games. Since the PC games tend to be cheaper they fall into the zone where I'm more willing to pay the "new" price.
Posted by Barca Azul
I bought 6 games in the new year sales, all under £20 and were all released within 6 months at the time.

Why Buy new and off the shelf, with deals like those?

Unless you are desperate to play games, wait 6 months or less and get them for a bargain.
Posted by starsail
Sales will always rise then fall, that is until COD: MW 2 arrives along with Uncharted 2 and Halo ODST etc
Posted by Barca Azul
Plus retailers/Etailers haven’t worked it out yet that they are missing out on massive revenues due to Publishers supplying DLC. It will be interesting to see how well GTA IV physical sales do though with the two DCL’s on a disc.
Posted by tmulford
Didn't the second quarter last year have some very large releases such as GTA IV and MGS IV. Those two games alone are enough to create a spike in sales, I cannot remember any releases of the magnitude of those two this year. The biggest releases this year so far are probably Street Fighter IV and Resident Evil 5 both of which were quarter 1.
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