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To: Kory who wrote (8472)11/6/1998 8:33:00 AM
From: Andrew C.R. Biddle  Read Replies (1) | Respond to of 14266
 
Kory-

>>I'm sure that the cultural elite will be happy to see that a high quality program such
as "CHIPS 99" made the list this week. ;-)<<
About as happy as they were to see the new governor-elect in Minnesota.

From WSJ:

>>

By JIM CARLTON
Staff Reporter of THE WALL STREET JOURNAL

Retail video-game sales in the U.S. so far this year have jumped 32% from a
year earlier on strong demand for new players and titles, according to a new
survey.

The survey by NPD Group, a market research firm in Port Washington,
N.Y., portends a healthy Christmas selling season for the industry. Indeed,
NPD projects total sales this year to reach a record $6.3 billion in the U.S.,
or 24% higher than last year's record total of $5.1 billion. The 1998 survey
results were for the period through mid-October.

NPD researchers said the market this year, as it was last, continues to be
fueled by new games for Sony Corp.'s PlayStation machine and Nintendo
Co.'s Nintendo 64. The two Japanese companies dominate the
video-game-console industry, with Sony holding a lead over Nintendo, NPD
said.

"There continues to be very popular software, and the age range of players is
broadening," said Ed Roth, president of NPD's Leisure Activities Tracking
Services. Mr. Roth added that the primary age range of video-game players
in the U.S. used to be between six and 14, but has expanded to include
players over 40, on the popularity of the advanced machines by both Sony
and Nintendo.

So far, those machines have been sold to about 20 million people in the U.S.,
creating a massive base of customers for the software developers to target.
As a result, Mr. Roth said, "the video-game industry is well-positioned for
continued growth," and he predicts sales will increase another 10% next year
before leveling off.

Both Sony and Nintendo are expected to begin a transition to a next
generation of machines in the year 2000, and added competition will come
from Sega Enterprises Ltd.'s anticipated re-entry into the market. Sega said it
will launch a new machine called Dreamcast in the fall of 1999, following the
market failure of its Saturn machine. Dreamcast, which will feature a 128-bit
processor and a customized version of Microsoft Corp.'s Windows CE
operating system, is set to make its debut in Japan Nov. 27.

Analysts, though, say Sega will face a tough challenge in unseating either Sony
or Nintendo. "I'm not convinced there is room for more than two console
platforms," Mr. Roth said.<<

Andrew