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Sales of video game consoles have dropped by almost half in 2004, as gamers await speedy new machines, according to a new research report.
In a report published Tuesday, market research company In-Stat/MDR predicted that worldwide shipments of game consoles will reach 19.3 million this year, compared with 35 million in 2003.
Even with a slew of blockbuster game releases late this year, and the manufacturer price cuts to the PlayStation and the Xbox consoles made earlier in 2004, holiday sales are unlikely to push the industry anywhere near the explosive growth of the past few years, said In-Stat/MDR analyst Brian O'Rourke.
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