Xbox 360 console sales down 48 percent in last quarter

For the past three months, the NPD Group has been recording huge double digit percentage drops in retail sales in the US for both video game hardware and software. Today, Microsoft confirmed that sales of its Xbox 360 game console are falling fast.

As part of its quarterly financial results, Microsoft showed that it only sold 1.4 million Xbox 360 console units worldwide in the three month period that ended on March 31. Microsoft said that was a drop of 48 percent compared to the same time period a year ago.

Microsoft tried to put a silver lining to this report, saying that the Xbox 360 leads the US in game consoles with 42 percent of the market. However, there's no escaping the fact that lots of people have bought the Xbox 360 already and that future sales numbers could continue to see drops.

Overall, the Entertainment and Devices division of Microsoft, which contains the Xbox business, had revenues of $1.62 billion in the last quarter, down 16 percent from the same period a year ago.

Microsoft has already said it does not plan to talk about its successor to the Xbox 360 at E3 this June. The big question is what will Microsoft talk about at E3, besides new games for the console?

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Not surprising really. But its not a big deal. What do they expect; the 360 will sit at the top forever? Now the device is so cheap you can find one nearly anywhere. But the problem is, most people who want one or were even on the fence about getting one...have one by now!

este said,
Not surprising really. But its not a big deal. What do they expect; the 360 will sit at the top forever? Now the device is so cheap you can find one nearly anywhere. But the problem is, most people who want one or were even on the fence about getting one...have one by now!

It's still at the top, just selling less. Everyone else is also selling less.

They should hurry up with the Xbox 3, Xbox 720, Xbox Next, or whatever else it might be nicknamed this week. Xbox 360's graphics look fairly dated these days compared to PCs. Plus as others have said, there hasn't be a great number of really good games recently, especially not exclusive to the 360.

Market saturation or a lack of a "killer" game in the last few months to push the sales? I'm struggling to think of a AAA X360 exclusive launched in the last few months (Forza Motorsport 4 in October?). Maybe The Witcher 2 will bring sales back up a bit. I would certainly buy an X360 to play it if I could afford it (and didn't already own it for PC). That, Alan Wake, and Splinter Cell: Conviction are the X360 titles that interest me.

Bun-Bun said,
Market saturation or a lack of a "killer" game in the last few months to push the sales? I'm struggling to think of a AAA X360 exclusive launched in the last few months (Forza Motorsport 4 in October?). Maybe The Witcher 2 will bring sales back up a bit. I would certainly buy an X360 to play it if I could afford it (and didn't already own it for PC). That, Alan Wake, and Splinter Cell: Conviction are the X360 titles that interest me.

Exactly. Aside from The Witcher 2, and Mass Effect 3, which other game has come out to move the game industry?

Don't forget about kinect bundles. Those were responsible for A LOT of console sales. While this year there hasnt been any new tech for people to flock to.

Makes sense to me... I always wonder who the hell they are selling them to now anyway. I mean don't everyone who wants to own one already have one by now? It has been on the market for well over 5 years already...