Thursday, August 4, 2016

Week 2 EOC: Boston Consulting Group - Video Games (reupload)

The declining sales of video games and consoles in 2009 were drastic but it was more so the fault of the price of the consoles since gamers are not exactly rolling around in money.
The reason I say it is the fault of the console sales is because in 2013-2016 the sale of the Playstation 4 as risen exponentially compared to the sales of the Xbox One. “There are around 40 million PS4 consoles in the hands of gamers around the world, Sony revealed in its earnings report released Thursday. The Japanese electronics giant sold 17.7 million PS4 consoles in its year that ended March 31, up from 14.8 million sold in the previous year. Despite revenue being down 1.3 percent year-over-year, Sony reported an operating income of $2.6 billion for its year, a 329 percent increase year-over-year.” By http://www.ibtimes.com/ps4-vs-xbox-one-close-40-million-playstation-4-consoles-have-been-sold-2013-launch-2361021 , author Charles Poladian. Microsoft has refused to release the sales numbers of their console, Xbox One, but it is estimated around 19-20million since their last earnings report.One of the reasons why Playstation 4 sold more than the Xbox one is due to the price, “In April, Sony confirmed PS4 sales reached 7 million, while Microsoft claimed 5 million Xbox Ones had been sold to retailers. Industry watchers attributed the difference to several things: the PlayStation 4’s price of $399 compared to the Xbox One’s price of $499, the PlayStation’s earlier launch, and the lack of availability in certain areas for the Xbox One" by http://www.ibtimes.com/ps4-vs-xbox-one-sony-spent-24-million-more-advertising-microsoft-january-2014-1617944 , author Abigail Elise.Comparing the 3 most popular consoles on the BCG (in 2014), the Xbox One is a star, the Playstation 4 is a cash cow, and the Wii is a dog by http://www.techtimes.com/articles/9023/20140624/xbox-one-vs-ps4-which-game-console-is-more-popular-in-which-u-s-state-facebook-to-the-rescue.htm#sthash.VDIQO7JG.dpuf , author Vamien McKalin.

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