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Consolation in Consoles.(Brief Article)

Newsweek International

| December 03, 2001 | COPYRIGHT 2001 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Stock markets are rebounding. U.S. consumer confidence is up, surprisingly. Economists are crafting mathematical models to explain why it's too soon for optimism. But peri has its own index of economic buoyancy. Call it the GameScape--and it's up, up, up.

You thought "Harry Potter" was big, raking in $90.3 million in its opening weekend? Check out the early sales of Nintendo's new GameCube. After hitting stores last Sunday, 700,000 GameCubes were swept up in just three days. (And at $199, that's no small consumer item.) In its first day, U.S. retail revenues for GameCube reached more than $98 million. Nintendo now expects to ship 1.3 million consoles before the end of the year.

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