Sales of Video Games

The final numbers are in for U.S. sales of video game software, hardware and accessories for March. Total sales were $1.1 billion which sounds good on the surface. However, it’s down from $1.47 billion a year earlier, a drop of 25% and every major manufacturer, including MSFT, Nintendo and Sony, reported drops in sales.  

I’m not sure what this means at this point. I have a feeling it’s just a lull in the market because buyers are waiting for new devices to come out later this year. The games market is slowly changing but I have complete faith in the big players, they’ll come up with new and gamers will clamor to buy the new stuff.

My kids and their families will probably be the first ones in line to spend their money on new game products when they come out. Ones an XBOX nut and the other is a PlayStation fan and they’re both buyers.