Microsoft weren’t going to break the old adage that ‘price cuts cause increased sales,’ proving their tactics correct with a near doubling of US console sales over August, according to the NPD group. Read more…

For a number of months Sony’s PlayStation 3 showed dominance in the US, taking the video gaming market by the scruff of the neck. Due to Solid Snakes return to Sony’s platform, the previously leading Xbox 360 had lost its second place crown.

Nintendo’s Wii might still be King of the now-gen consoles, but this month Microsoft’s Xbox 360 recaptured some ground and with recent price cuts it’s hard not to suppose more of the same before the end of the year. Read more…

The simExchange, a site which attempts to predict trends in the video game industry by giving its users (gamers, developers, and industry onlookers) virtual money to buy and sell video game related stocks and properties, believes that the Microsoft Xbox 360 will outsell Sony’s Playstation 3 console 2-to-1 in the US this holiday season. Charts and actual numbers after the jump. Read more…