U.S. Video Game Sales Up in December

December 2002 video game sales in the United States increased 7% from sales in December 2001, according to financial analysts. Research firm NPDFunworld also reported that total video software sales increased 21% from calendar year 2001 to 2002, with total gaming retail sales (including hardware and software purchases) increasing 10% over 2001.

Total sales for 2002 were estimated at $10.3 billion, a new high for the gaming industry. Game developers Electronic Arts Inc. and THQ Inc. reported sales up in December 2002 of 18% and 25%, respectively. Take-Two Interactive Software Inc., the developer of the "Grand Theft Auto" series and its newest release, "Grand Theft Auto: Vice City," reported that it sold 1.4 million copies in December 2002, for a total of 4.4 million since its October 2002 release. In terms of number of units sold, Electronic Arts was in first place, selling five of the top twenty titles.

Game manufacturer Activision did not fare as well: its sales reportedly dropped almost 22% in December 2002. Activision blamed its sales decline due to weak sales of its new game, "Tony Hawk 4."

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