Retail Sales of Video Games Administer 27% fall

.

Retail Sales of Video Games Administer 27% fall

Recently released data by research firm NPD Group points out at the dramatic fall in the retail sales of video games for the month of October, which accounted for a 25% fall. This has been the 11th month that the company, Hardware, has experienced a major decline.

However, the industry faced the largest decline ever during the previous year at the same period; the drop accounted for 37%. However, NPD Group analyst Liam Callahan believes that the industry will overcome the problems. Moreover, there are indications which suggest of increasing progressive development as the company moves into the important holiday season.

Callahan said, "While we saw declines in hardware unit sales across all platforms year-over-year, when looking at average sales per week versus September, several consoles realized higher sales".

On the other hand, Xbox 360 was declared to have grabbed the top position once again following the sale of the console accounting for 277,000 units during the previous month. However, there was no mention regarding the number of units sold monthly of Sony and Nintendo.

Further, previous month NBA 2K13 was declared to be the best-selling retail game. Although, Capcom thriller Resident Evil 6 was criticized, it bagged the second position.


Latest News

About 6.4 trillion calories to be cut from food products
Rise in sexually transmitted infections worry all
Breast cancer awareness taken to another level by foundation
Practicing yoga can help bipolar disorder
Oracle’s Chief Larry Ellison Retires
Price of Alibaba IPO Remains at Top Range
Artificial sweeteners might trigger diabetes
World Alzheimer’s Report Suggests Dementia Can Be Preventable
Artificial spleen can rid the body of infections
Obese can lean down through social networking sites: Study
China Plans to Add Stimulus to Boost Economy
Stocks of Sears Drop to 52 Week Low as its CEO Offers Loan of $400 million