Wednesday, March 24, 2010

Death of the PSP

Managed to decline in a growing market



Apple iPhone and iPod touch Capture U.S. Video Game Market Share

Code:
Total Portable Sales: 2008= $2.25bil;      2009=$2.50bil
iPhone Game Sales:    2008=$0.12bil;       2009=$0.50bil
PSP Game Sales:       2008=$0.45bil;       2009=$0.28bil
DS Game Sales:        2008=$1.69bil;       2009=$1.75bil
Here's why I think the iPhone OS gaming is growing at a huge pace:
  • iPod touch starts at $200 (no monthly fees)
  • Majority of games under $5
  • Games sell for a fraction of their PSP/DS price (Final Fantasy sells for $9 and GTA: Chinatown for $10)
  • No need to carry physical media (your games are always with you)
  • Thousands of sub $2 games for quick and casual gaming

The PSP dropped for obvious reasons:
  • The hardware sucks
  • Very few quality games (I only bought SMT Persona)

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