NPD has tallied US video game revenue for January 2012. The US video game industry continues to decline rather rapidly as the hardware market approaches full saturation with the current machines. Software is also declining rather rapidly, as many users pick up new games only with new hardware. Hardware and software revenue both fell nearly 40% from last January, and enormously from December – although the December to January drop is fairly typical.
The total figure for January 2012 is below January 2004, which does not bode well for the rest of the year.
Based on revenue declines, and Microsoft’s press-release (‘X360 sold 270,000…
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