U.S. Video Game Sales Slip 25% in May as Consumers Dellay Purchases, Move to Digital
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Video game hardware, software, and accessory sales in the U.S. tumbled 25 percent to $386.3 million last month, a sign that more consumers are shifting to mobile titles and holding off on purchases ahead of the launch of next-generation systems.
The NPD Group said late Monday that hardware sales dropped 31 percent to $96 million, while software sales fell 31 percent to $175.1 million.
Total U.S. sales of video game hardware and software, including used titles, rental, and digitally-delivered content was $787 million, with physical sales accounting for about 50 percent of the total in May 2013.
Microsoft's (Nasdaq: MSFT) Xbox 360 sold about 114,000 units in the month, down 29 percent from the same period last year.
NPD said Nintendo's 3DS was the top-selling platform for the month, but didn't cite specific sales figures.
Sony (NYSE: SNE) and Microsoft debuted next-generation consoles earlier this month at the E3 Expo in LA. Given the lower-price point, ability to play used games, no need for an Internet connection, and a slew of other factors, many believe that Sony will be the hot console when both are released later in 2013.
The NPD Group said late Monday that hardware sales dropped 31 percent to $96 million, while software sales fell 31 percent to $175.1 million.
Total U.S. sales of video game hardware and software, including used titles, rental, and digitally-delivered content was $787 million, with physical sales accounting for about 50 percent of the total in May 2013.
Microsoft's (Nasdaq: MSFT) Xbox 360 sold about 114,000 units in the month, down 29 percent from the same period last year.
NPD said Nintendo's 3DS was the top-selling platform for the month, but didn't cite specific sales figures.
Sony (NYSE: SNE) and Microsoft debuted next-generation consoles earlier this month at the E3 Expo in LA. Given the lower-price point, ability to play used games, no need for an Internet connection, and a slew of other factors, many believe that Sony will be the hot console when both are released later in 2013.
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