U.S. Retail Game Sales Continue Decline [Aug 09, 2012, 8:28 pm ET] – Share – Viewing Comments
NYTimes.com has the report from the NPD Group on retail sales of video game hardware, software and accessories in the U.S. for July (thanks Neutronbeam), confirming indications they have dropped for the eighth consecutive month (though digital sales continue to rise). Word is:
Overall sales fell 20 percent to $548.4 million, according to research firm NPD Group.
Sales of consoles and portable software — the video games themselves — fell 23 percent from a year earlier to $278 million.
Sales of hardware fell 32 percent to $151 million. Accessories sales rose 8 percent to $137 million.
LittleMe wrote on Aug 9, 2012, 21:32:
A large part of this is because bailouts & stimulus don't work. Central planning cronyism is fail. Governments don't 'run' economies, they ruin them.
No. Governments that don't prevent things like unfettered capitalism and monopolistic practices are what ruin economies. Like most things in this world extremes are bad at either end of the spectrum. Properly managed there wouldn't be any need for bailouts or stimulus in the first place.
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