- Associated Press - Thursday, August 9, 2012

LOS ANGELES (AP) - U.S. retail sales of new video game hardware, software and accessories fell for the eighth straight month in July as the industry continued to look ahead toward the release of new equipment to cure its woes.

Overall sales fell 20 percent to $548.4 million, according to research firm NPD Group.

Sales of consoles and portable software _ the video games themselves _ fell 23 percent from a year earlier to $278 million.

Sales of hardware fell 32 percent to $151 million. Accessories sales bucked the trend, rising 8 percent to $137 million.

Even with the anticipated launch of Nintendo Co.’s Wii U later in the year, NPD predicted full-year sales will be $14.5 billion, down from $17 billion last year.

NPD analyst Anita Frazier said Thursday the July figures only represent about half of spending on video games.

NPD estimates used game purchases and rentals amounted to $117 million in July, while spending on downloadable games, add-ons, subscriptions, and tiny transactions in social games came to $439 million. It plans to give a full report on non-traditional categories in November.

The top-selling games for the month were “NCAA Football 13” by Electronic Arts; “Lego Batman 2” by Warner Bros. Interactive; and “The Amazing Spider-Man” by Activision Blizzard.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide