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Video Game Sales Drop 20 Percent For February

March 9, 2012

Market research watcher, NPD Group, released a report today outlining a significant decline in the sale of traditional video games in February, plunging 20 percent to $1.06 billion, down from $1.33 billion in February 2011, reports Alex Pham for LA Times. Sales of consoles and games dropped 34 percent in January compared with a year earlier.

However it was game software with the largest decline, dropping 24.4 percent to $464.4 million last month versus $601.4 million a year ago.

Cushioning the overall decline was a strong release of the PlayStation Vita, Sony´s latest portable game console, introduced in the US in late February but it was not enough to prevent an 18 percent decline in sales of consoles, including the Nintendo Wii.

“There are four days of retail sales reported for PlayStation Vita in this period,” NPD Group analyst Anita Frazier told Brett Molina of USA TODAY. “Overall, hardware unit sales increased by 62 percent over January without the Vita included. Including PS Vita sales, that increase is 87 percent.”

Microsoft´s Xbox 360 remained the top selling console for the seventh consecutive month, with 426,000 devices sold, writes Molina. Nintendo revealed, in a separate statement, it sold 228,000 Wii consoles in February. Sony did not provide monthly sales numbers for the PlayStation 3.

These dramatic drops in sales can partially be attributed to a light release schedule in the first two months of the year following the holidays. Sales are also likely shifting as the industry transforms to digital sales, which aren´t captured in the retail numbers, reports Dean Takahashi for VentureBeat.

Call of Duty: Modern Warfare 3 from Activision dominated sales of software titles for a fourth straight month, followed by the Square Enix role-playing game Final Fantasy XIII-2 and sports title UFC Undisputed 3 from THQ.

1. Call of Duty: Modern Warfare 3 (Activision)
2. Final Fantasy XIII-2 (Square Enix)
3. UFC Undisputed 3 (THQ)
4. Kingdoms of Amalur: Reckoning (Electronic Arts)
5. Just Dance (Ubisoft)
6. NBA 2K12 (2K Sports)
7. SoulCalibur V (Namco Bandai)
8. The Elder Scrolls V: Skyrim (Bethesda Softworks)
9. Twisted Metal (Sony Computer Entertainment)
10. Battlefield 3 (Electronic Arts)

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Source: RedOrbit Staff & Wire Reports



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