U.S. retail video game industry sales fell 28% Y/Y in May to $516.5M, per NPD. That's just a little better than April's 32% drop. Software sales fell a "mere" 16% thanks to the strong reception for Activision's (ATVI) Diablo III (previous), but hardware sales fell 39% as the big-3 consoles continue to show their age. NPD notes there have been 27% fewer game releases YTD than there were at the same point last year, and thinks sales could pick up in 2H as new titles arrive. [View news story]
U.S. retail video game industry sales fell 28% Y/Y in May to $516.5M, per NPD. That's just a little better than April's 32% drop. Software sales fell a "mere" 16% thanks to the strong reception for Activision's (ATVI) Diablo III (previous), but hardware sales fell 39% as the big-3 consoles continue to show their age. NPD notes there have been 27% fewer game releases YTD than there were at the same point last year, and thinks sales could pick up in 2H as new titles arrive. [View news story]