Sony Corp.'s PlayStation 3 outsold Nintendo Co.'s Wii console for the first time following a $100 price cut, helping the U.S. video game market end six consecutive months of declining revenue.
Hardware, software and accessory sales in the world's largest game market rose 1 percent to $1.28 billion last month, researcher NPD Group Inc. said Monday. Sales of Sony's PS3 more than doubled to 491,800, while those of the Wii fell 33 percent to 462,800. Microsoft Corp.'s Xbox 360 sales gained 1.6 percent to 352,600.
Sony's reduction of the PS3 price on Aug. 19 helped reverse an industry slump that had been exacerbated by the absence of new hit games. Industry revenue is down 13 percent through September, NPD said.