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

Elon Musk talks about SpaceX’s plans to test ITS’ huge fuel tank at sea
Hackers cut access to some of the world's best known websites on Friday
Dinosaur bones found in Alaska’s Denali National Park
Californians to vote on marijuana legalization measure next month
Microsoft posts $20.5B revenue for July-September 2016 quarter
Tesla is equipping its vehicles with hardware required to make them fully self-d
Orbital’s Antares rocket returns to flight with successful cargo launch
Twitter Would Need New Strategy for Growth as Salesforce Walks Out of Deal
Verizon versions of Google Pixel will get all updates “simultaneously” with non-
Samsung Galaxy Note 7 handsets banned from airline flights in US
HP plans to cut up to 4,000 jobs in next 3-4 years
Valve shows off its new prototype SteamVR controller