Tuesday, November 16, 2010

Sales of Video Games (Physical Format) Continue to Slide


Link to November 16 CNET News post, "Video game sales slip 4 percent in October".

Excerpt: The current slump in video games sales extended to a seventh month in a row as retail sales of games, hardware, and accessories slipped 4 percent in October.

Overall game sales totaled $1.07 billion last month, down from $1.11 billion for last October, according to data released today by market researcher NPD Group.

Hardware sales showed the greatest decline, falling 26 percent to $280 million for the month compared to the month prior. Console and portable hardware sales were down about 30 percent compared with last year, NPD said
.

[snip]

NPD cautioned that the report reflects only new physical retail sales. "While down, there are revenues being generated from digital distribution, used game sales, rentals, social-network games, and mobile applications to name a few," Frazier said.

Related articles:
Video game sales take a dip. (9/10/2010)
Video games:  5 trends.  (6/19/2010)
Entertainment Software Association 2010 Report on Computer and Video Game Industry.  (6/18/2010)
Any such thing as recession-proof?  (4/19/2010)
Survey says...adults are players too.  (12/8/2008)

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