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The video game industry hit a soft spot in May, with sales falling 13% year over year. The NPD Group reported late Thursday that U.S. retail sales of new video game products totaled $507.6 million last month, compared with $584.9 million in May 2014. Sales of accessories, such as interactive gaming toys, game pads and headsets, rose 20% to $149.3 million. Nintendo’s (NTDOY) Amiibo toys led the category. But sales of video game hardware and software fell. Game hardware sales dropped 18% to $153.6 million, because of lower prices for consoles. Unit sales of eighth-generation consoles, includingMicrosoft’s (MSFT) Xbox One and Sony’s (SNE) PlayStation 4, were stable in May, NPD analyst Liam Callahan said in a statement. Sales of video game software on physical media fell 25% to $204.7 million. Software sales faced poor comparisons to a strong release slate in May 2014, which included the… Scalper1 News
Scalper1 News