Retail Sales Of Games Fall 25%

The gaming industry has been having a rough time lately with sales falling each year. Sales across the board were $755.5 million, a drop of 25 percent year-on-year. Sales have been steadily falling over the last 11 months in concession. Reasons for the slow sales this October have been put to the lack of any major tiltes being released, Assasins Creed III was released toward the end. In October 2011 there were titles such as Battlefield 3 and Batman: Arkham City. 

November will also get a boost from the likes of Halo 4, Call of Duty: Black Ops II, and the launch of the WiiU. The run up to Christmas usually sees an increase in game sales, however with the increasing amount of value titles that are downloadable, are they having a neggative effect on retail stores? A huge series as Angry Birds could be difficult to assertain its effects on the industry as the records only show physical game sales. Money is still being spent on conventional games however it’s still difficult to see how the conventional publishers will be able to compete with such an agressive mobile market which is still developing and becoming evermore profitable.

The other thing to consider is the expected release of new consoles in 2013, how much people will be willing to spend on their soon to be dated consoles and if they will be purchasing the next generation.

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