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Video game industry continues its slump in January

Written by Andre Yoskowitz (Google+) @ 20 Feb 2011 17:01 User comments (4)

Video game industry continues its slump in January The NPD Group has released its latest figures on the gaming industry, which continues its multi-year slump.
For January, overall industry sales dropped 4 percent year-over-year (YoY).

Despite strong sales from the Microsoft Kinect and Sony Move motion control systems, sales fell to $1.14 billion from $1.18 billion in 2010.

Hardware was the major lagging factor, down 8 percent from $354 million to $324 million while software fell 5 percent to $576 million. Video game accessories rose 6 percent to finish at $235 million.

Microsoft saw strong growth YoY, up 14.4 percent to 332,800 units. Half of the consoles sold were bundled with Kinect.

Nintendo got crushed, with Wii sales down 31.5 percent to 319,000 sold.

The PlayStation 3 saw a slight hit, as well, falling from 276,900 consoles sold last year to 267,000 in 2011.

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4 user comments

121.2.2011 9:44

Soon they'll blame piracy for this too! *joke*

221.2.2011 18:43
animerules
Unverified new user

have they ever thought to give consumers more options like playing video games off your computer.they would defensively get more money from me that way.if i had a controller hooked up to a computer using an immulator than buing games for that. video games would never would get scratched or lost.all digital option for evry video game thats the way to go.

323.2.2011 8:47

surely 'hardware was the lagging factor' because the consoles have hit maturity.

425.2.2011 19:21

its the price of the games stupid.

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