While Call of Duty: Black Ops II stormed out of the gate with $500 million generated in 24 hours, and Halo 4 produced $220 million on its first day, The NPD Group's just released November report does not bode well for the holiday season in the US.
Following a miserable October, the all-important fourth quarter continued to exhibit double-digit declines, as total industry sales dropped 11 percent to $2.55 billion in November. Total software sales (including PC) fell 11 percent to $1.46 billion, while hardware dipped 13 percent to $838.9 million. Accessories were down 8 percent as well, totaling $280.9 million.
Compared to a lot of other industries, gaming is doing QUITE well.