Tomahawk, WI 01/21/2014 (BasicsMedia) – Microsoft Corporation (NASDAQ:MSFT) and Sony Corporation (ADR) (NYSE:SNE) introduced new faster gaming consoles which immediately swept off Nintendo Co. from the market. Microsoft’s Xbox One lead to tremendous hike in sales of gaming consoles in December. Another one was Sony’s PlayStation 4 whose two month accumulated marked it as the highest selling console in the two month launch window. On the other hand, Nintendo saw a shattering down beat as users chose to abandon its standalone machines in exchange for cheaper downloads available on smartphones and tablets launched by Samsung Electronics Co. or on Apple Inc.’s iPad.

Hardware sales in the U.S. shoot up

Hardware sales for video gaming devices recorded a 3 year high in the U.S. in December. As compared to last year’s sales, this year the U.S. sold 28% more hardware. That means the total sales this year adds up to $1.37 billion, as reported by Port Washington, New York based NPD Group Inc. in an e-mail.

The video game industry is now supervising demand for Sony’s PS4, Microsoft’s Xbox One and Nintendo’s Wii U. They intend to survey whether users’ preference has shifted to smartphones and tablets permanently or if the future holds the chance for an expansive retail riposte with the introduction of new faster consoles. Another test in the pipeline is for software sales. On one hand, hardware sales increased by more than 50% and on the other hand, software sales declined by 17% in December.

Nintendo considers withdrawing production

Microsoft sold as many as 908,000 Xbox Ones in December, leaving the PS4 far behind, as reported by Microsoft, citing NPD data in a statement. However, Sony refused to state how many PS4s it sold last month. Nintendo is however is in a tough situation where it is seriously considering calling off the production of its machines. It recorded its biggest decline in Tokyo on Jan 20 since Sept. Earlier, the leader of the $93 billion industry Nintendo has lost takers of its 3DS and Wii U. Even the few hardcore players that are left prefer to spend $400 for a machine having the new faster consoles offered by Sony and Microsoft.

Microsoft’s next generation releases

David Dennis, a Microsoft spokesman expressed his excitement and satisfaction at the great start of both the new and old generation gaming consoles. Microsoft has concentrated its messages on applications and elite substance, including the games “Dead Rising 3” and “Ryse: Son of Rome” and another Steven Spielberg Television show, soon to be aired. It is expected that by the next month, sales of the next generation releases will start pacing. Microsoft is planning to release “Titanfall”, a sci-fi shooting game for Xbox One.

DISCLAIMER: This content is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.