Is It Game Over for the Gaming Industry?

Includes: AAPL, EA, NTDOY
by: Bruce Everiss

Cliff fall

Last week we had the USA October sales statistics from NPD showing game sales of $573 million, down from $698 million last year. So are we in trouble? Is gaming on a downwards spiral? Are people finding better things to do with their time and money?

The answer is no, and here’s why:

So there we have it, the whole industry doesn’t need to go on a burger flipping course just yet.