Video Game Sales Continue Slide in June - NPD
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Video game sales for the month of June dropped 10 percent to $995 million, continuing lower following a decline of 14 percent reported in May.
According to research firm NPD Group, hardware sales fell 9 percent to $366.6 million. The segment includes hand-held gaming systems and home consoles.
Software sales fell 12 percent to $469.5 million; adding in PC Games, revenue to this group was down 10 percent to $508.9 million.
Offsetting the declines were solid accessory sales, up 11 percent to $158.9 million.
Take-Two Interactive's (Nasdaq: TTWO) 'L.A. Noir' and 'Duke Nukem' were the best-selling video games during the month.
Not included in NPD's research (though the measure should be in future reports), are online and downloadable games. So anyone playing a Zynga game on Facebook isn't counted, despite Zynga now being large enough for an IPO of its Common Stock.
According to research firm NPD Group, hardware sales fell 9 percent to $366.6 million. The segment includes hand-held gaming systems and home consoles.
Software sales fell 12 percent to $469.5 million; adding in PC Games, revenue to this group was down 10 percent to $508.9 million.
Offsetting the declines were solid accessory sales, up 11 percent to $158.9 million.
Take-Two Interactive's (Nasdaq: TTWO) 'L.A. Noir' and 'Duke Nukem' were the best-selling video games during the month.
Not included in NPD's research (though the measure should be in future reports), are online and downloadable games. So anyone playing a Zynga game on Facebook isn't counted, despite Zynga now being large enough for an IPO of its Common Stock.
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