US Games Revenue Down 23%

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It has been reported that games sales have decreased by a dramatic 23% compared to last May. Market research company NPD has announced that sales are down a to $863.3 million compared to the $1.12 billion of last year. Computer hardware and software also took a tumble dropping 30% and 17% respectively.

NPD analyst and spokesman Anita Frazier had this to say:

The video games industry continues to struggle with difficult comparisons to last year, and this is the first month that industry sales have dipped below $1 billion since August 2007. May is typically one of the lowest revenue-generating months in any given year for the industry in general.

Could this spell another big blow to the gaming market or act as a catalyst to provide better quality games? Leave us your thoughts and whether you think the economic downturn has affected your spending habits.

[TheEn|gma]

Re: US Games Revenue Down 23%

May is typically one of the lowest revenue-generating months in any given year for the industry in general.

Yep and what gigantic and massive title was released at the very end of April last year? Yeppers you guessed it, though it probably doesn't account for every single penny of the difference I wouldn't be suprised if it counted for the majority.

After all it broke several sales records.