Scalper1 News
U.S. retail sales of video game products returned to growth in February thanks to strong sales of new consoles and “The Lego Movie” tie-in game. Sales of new video game hardware, software and accessories totaled $887 million last month, up 9% from February 2013, the NPD Group reported late Thursday. Game sales were down about 1% in January after rising for five consecutive months on a year-over-year basis. Next-generation game consoles from Microsoft (MSFT) and Sony (SNE) fueled hardware sales, which were up 42% year over year to $347 million. Accessories sales rose 3% to $221 million. Software sales dipped 9% to $318 million, because of lower average selling prices for top games like “The Lego Movie Videogame” from Warner Bros. Interactive Entertainment, a unit of Time Warner (TWX), and “Plants vs. Zombies: Garden Warfare” from Electronic Arts (EA). Also, software sales declined for older consoles, including Microsoft’s Xbox 360… Scalper1 News
Scalper1 News