Consoles gain Ground

A report from the Yankee Group projects that console ownership in American homes will grow to 43.5 million by the end of 2003, a significant increase from the nearly 36 million homes with consoles last year. Not surprisingly, most of this growth will be fueled by demand for next generation units, which are projected to comprise 85 percent of the installed base in 2003 because of new feature like internet connectivity. These same new features are expected to help consoles compete more aggressively with PC for spots in American homes.