Video Game Sector Sales Drop 4% in October
NEW YORK (
) -- U.S. sales of video game hardware, software and accessories fell 4% in October, due largely to steep declines in console and portable hardware demand, said industry tracker NPD Tuesday.
Hardware sales dropped 26% over last year, while software sales rose 6%.
Accessories were up 18%, driven by strong sales of
Sony's
(SNE) - Get Report
Playstation Move device (below).
|
Nintendo's DS was the best-selling hardware system for October, while
Microsoft's
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Xbox 360 was the only platform to post unit growth over last year.
Take-Two Interactive's
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NBA 2K11
was the top selling game of October across all platforms.
"We were suprised by software sales, but this time we were surprised by the upside," Wedbush Securities analyst Michael Pachter wrote in a note. "Monthly declines in year-over-year sales have become the norm ... so the reversal in October was a welcome surprise."
--Written by Olivia Oran in New York.
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