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U.S. markets recover from steep losses
NEW YORK, June 13 (UPI) -- Grand Theft Auto IV sales, at 4.2 million copies since its April release, have yet to boost sales of the video game platforms that support it, analysts said.
"The continued success of GTA IV is not translating into big hardware sales for the PS3 or the 360," NPD Group analyst Anita Frazier told The New York Times.
Combined sales of the two platforms that run versions of Grand Theft Auto IV, Microsoft's Xbox 360 and Sony's PlayStation 3, were 396,000, about half the sales of the Nintendo Wii, although that platform has yet to introduce a compatible version of the game, the newspaper said.
In May, sales of the Wii reached 675,000, while 209,000 PlayStation 3s and 187,000 Xbox 360s were sold.
Hardware, software and accessory sales for video games exceed $6.6 billion so far this year, on track to reach about $22 billion by years' end, industry analysts said.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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NEW DELHI, May 24 (UPI) --
India's state-run National Aerospace Laboratory will work with Kadet Defense Systems to develop NAL's Hansa trainer aircraft into an unmanned airial vehicle.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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