Video Game Retail Sales Fall 25 Percent Year-On-Year in 11th Straight Month of Decline
The video game industry had a rough October - total sales across the board were $755.5 million, a drop of 25 percent year-on-year. Figures released by the NPD Group show that console sales falling 37 percent to $187.3 million was a primary factor, along with a 25 percent drop in software sales to $432.6 million. Accessories saw a slight 5 percent bump to $135.6 million, mostly fueled by the hugely successful Skylanders franchise.
This is the 11th straight month of falling sales for the industry, but there are mitigating factors here.