Turtle Beach Gaming Headset Sales Soar: Should Google Worry?
Zacks Investment Research | Mar 28, 2019 09:03PM ET
Turtle Beach Corporation (NASDAQ:HEAR) has pepped up the gaming console industry by setting a unique record of selling more than 30 million gaming headsets since entering the market in 2005. The feat was achieved through a steady demand for high-quality gaming headsets for Microsoft Corporation’s (NASDAQ:MSFT) Xbox One, Sony Corporation’s (NYSE:SNE) PlayStation4, Nintendo Co (T:7974)., Ltd.’s (OTC:NTDOY) Nintendo Switch and other PC and mobile devices. With other players in the fray quietly piling up their product line-up to gear up for the challenge from Alphabet’s (NASDAQ:GOOGL) gaming platform Stadia, the industry appears well poised for more innovations.
Per the 2019 Video Game Sale Statistics by NPD Group, Turtle Beach has been the market leader in gaming headsets by units for the past seven consecutive years, with more than 12 million more headsets sold life-to-date compared with its nearest competitor. The company has also achieved the distinction of being the leading player in the industry by revenues for the past nine consecutive years.
Turtle Beach boasts a wide array of cutting-edge, award-winning gaming headsets for diverse users, including professional esports athlete, hardcore gamer, casual player, or amateurs. With advanced technology features, high-quality gaming audio, crystal-clear communication and comfortable designs, the easy-to-use products of this Zacks Rank #3 (Hold) company offer a riveting experience. You can see Zacks Investment Research
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