April 2010 was a horrendous month for video game sales. Hardware and software sales dramatically underperformed market expectations.
The following tables compare market expectations on the simExchange and actual results as reported by the NPD Group.
Title | Actual units | Expected units | % From Expected |
---|---|---|---|
Nintendo DS | 440,800 | 599,500 | -26.47% |
Nintendo Wii | 277,200 | 425,400 | -34.84% |
Xbox 360 | 185,400 | 265,800 | -30.25% |
PLAYSTATION 3 | 180,800 | 225,300 | -19.75% |
PlayStation Portable | 65,500 | 98,500 | -33.50% |
Total Hardware Units | 1,149,700 | 1,614,500 | -28.79% |
Rank | Title | Actual units | Expected units | % From Expected |
---|---|---|---|---|
1 | Tom Clancy's Splinter Cell: Conviction (Xbox 360) | 486,100 | 483,700 | +0.50% |
2 | Pokemon SoulSilver (DS) | 242,900 | -- | -- |
3 | New Super Mario Bros (Wii) | 200,300 | 325,400 | -38.44% |
4 | Pokemon HeartGold (DS) | 192,600 | -- | -- |
5 | God of War III (PS3) | 180,300 | 271,600 | -33.62% |
6 | Wii Sports Resort (Wii) | 179,000 | 227,100 | -21.18% |
7 | Battlefield: Bad Company 2 (Xbox 360) | 166,000 | 195,200 | -14.96% |
8 | Wii Fit Plus w/ Balance Board (Wii) | -- | -- | -- |
9 | Just Dance | 144,000 | -- | -- |
10 | Super Street Fighter IV (PS3) | 143,000 | -- | -- |
Total Software Sales | $398.5M | $549.5M | -27.48% |
The market also tracked the sales of 2010 FIFA World cup South Africa (Xbox 360), Monster Hunter Tri (Wii), Final Fantasy XIII (PS3), and Final Fantasy XIII (Xbox 360), which did not make the top 10. These games will cash ou at 14.3 DKP. Quantum Theory (PS3) was not released in April 2010 and will be rolled back.
Where do the expected sales numbers come from?
The simExchange is the video game stock market. Gamers and developers sign up on the simExchange for a free trading account. Using fantasy money, players buy virtual stocks in video games they believe are under-predicting sales and short sell stocks they believe are over-predicting sales. This concept is widely known as "the Wisdom of the Crowd" and this system is known as a "prediction market." Sign up and play today.
About the predictions
Predictions on the simExchange should become more accurate over time as (1) the diversity of the pool of traders increases and as (2) more accurate players are rewarded with more virtual currency for their accuracy (thereby enabling them to form more predictions) and less accurate players lose virtual currency (thereby discounting their ability to form more predictions).