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Game sales expected to slide for seventh straight month

The NPD Group is expected to release its US gaming retail sales data for the month of June on Thursday, and Wedbush analyst Michael Pachter expects the news to be bad. Pachter today sent a note to investors saying he expects US software sales to total just $305 million, down 34 percent from June 2011.

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uk.gamespot.com
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Statix1421d ago

Because there's so many great new games coming out as of late.

dc11421d ago

That.. and the growth of digital distribution.
I personally spent over 100 US on PSN last quarter.
and ..... I will admit that my wife will have to step in to stop me from breaking my wallet during Steam's annually sale (I still have games from last year O_o ).

Until these figures are incorporated, the analysis will be incomplete.

BrutallyBlunt1421d ago

Since the Wii is falling off the map that's one reason why sales continue to decline year over year. Summer is usually always slow for software. It also shows the age of the current consoles. Usually after this long (XBOX360 came out in 2005, PS3 in 2006) we don't see consoles still selling for $200-250 so that could be another indication.

nukeitall1421d ago

I think it has more to do with market saturation.

Games are too cheap and there are far too many options for people to really care about the latest releases. They are also significantly cheaper, so this decline is natural.

In terms of console sales, MS posted really strong numbers around Christmas time and that should have born some results right around now. I just think the increase isn't enough to offset the decrease elsewhere.

Ares84HU1421d ago

I didn't get anything since ME3. There wasn't anything worth getting to be honest.

Also, games from last year still keep me occupied. Late last year was full of amazing games.

Siren301421d ago (Edited 1421d ago )

Not really sure why everyone chooses to release their game between september and november. Theres enough big games this year that they could release a couple a month and probably would sell good since its more spread out

Mustang300C20121421d ago

If that was the case the games that do release during those times would sale. They simply don't sale regardless when they are released. The big games like Halo sale during that time frame for a reason and this has been the case for the last 20 years

ooheyehd1421d ago SpamShow
Minute Man 7211421d ago

It's the economy + people know that new systems are here next year

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