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Bloom Off the Rose: The Sagging Economy Finally Catches Up With Wii and the Other Video Gamers

Sep 10, 2010  •  Post A Comment

Video game hardware and software posted their worst August sales results in four years, with Nintendo’s Wii showing its worst sales month ever, reports MercuryNews.com.

U.S. retail sales of game hardware, software and accessories fell 10% from a year earlier, the story says, citing market research firm NPD Group.

The reason? According to Wedbush Securities analyst Michael Pachter, the continued economic gloom, high prices for consoles and consumer fatigue with Wii, the story says.

Software sales were especially hard-hit, with sales in August plunging 14% from a year earlier, the story says.

Still, "Madden NFL 11," the latest version of the franchise, was a hit last month, with 920,800 copies sold for Microsoft’s Xbox 360 and 893,600 sold for Sony’s PlayStation 3.

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