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U.S. retail video game hardware and software sales each fell 38% Y/Y in January, claims NPD, an...

U.S. retail video game hardware and software sales each fell 38% Y/Y in January, claims NPD, an ugly showing even after accounting for the ages of the major consoles, and likely further evidence of the impact made by mobile and social gaming. In December, the Y/Y declines were only 28% and 14%, respectively. The Xbox 360 (MSFT) was again the top-selling home console; its 270K shipments gave it a 49% share. GME -2.3%.
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