US video game sales slump in December as hardware jumps

Microsoft's Xbox One.

(Credit: Sarah Tew/CNET)

US sales of video game hardware increased 28 percent in December thanks to the launch of next-generation game consoles, but consumers were less interested in buying video game software, according to new data released Thursday.

US consumer spending on new video game hardware rose 28 percent in December to $ 1.37 billion from $ 1.07 billion a year earlier, according to industry researcher NPD Group. Much of that growth was credited to new game consoles from Microsoft and Sony, both of which reported record sales figures following their launches in November.

“Increases in December hardware sales were caused by continued strong sales of the new Xbox One and PS4, driving console hardware sales up over 50% compared to December 2012,” NPD Group’s Liam Callahan said in a statement.

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Posted in CNET on Jan 17th, 2014 by In The News Team   

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