Led by hot demand for the Xbox 360, the video game industry scored its third best-selling May, trailing only 2009 and 2008. Revenue was down compared with a year ago due to lower console prices, according to the latest figures released Thursday by The NPD Group.
For the month, total revenue from gaming consoles, hardware, and software slipped 5 percent to $823.5 million, compared with $865.7 million a year ago. Video game hardware took the hardest hit, dropping 20 percent to $241.5 million from $303 million a year ago. Though sales were strong, lower hardware prices added … Read more