US video game sales dip to Oct 2006 levels
US sales of consoles and video games fell 14 per cent in May to $743 million.
Los Angeles: US sales of consoles and video games fell 14 per cent in May to $743 million, the lowest monthly figure since October 2006.
NPD Group, which compiles the data, said Monday that the decline is mostly due to a light schedule of new releases. There were just 42 new games released in May compared to 58 in the same month a year ago.
"As a result of a lighter release slate, promotional activity at retail and in circulars was reduced as well, which undoubtedly affected not only planned but impulse purchases," said NPD analyst Anita Frazier, in a statement.
Some of the loss in hardware, software and accessories could also be due to gamers spending more on online content, she said.
Hardware sales fell 5 per cent to $229 million, software sales fell 19 per cent to $376 million and accessories sales fell 6 per cent to $114 million.
The top-selling game was L.A. Noire, an interactive crime story game made by Rockstar Games for the Xbox 360 and PlayStation 3.