Videogame Sales Slip 2% After 14-Month Run During the Pandemic

Videogame Sales Slip 2% After 14-Month Run During the Pandemic

Sales of videogames fell 2% year over year in April to hit $4.6 billion, Seeking Alpha reports. The fall happens for the first time in 14 months as sales boomed last year on widespread Covid-19 restrictions.

Sales of video games rose by 73% in April 2020 from 2019.

The fall in sales of video games in April 2021 breaks record performances as sales only declined in February 2020.

Hardware sales fell 30% to $296 million while accessories were down 23% to $168 million although content sales were up 2% to $4.18 billion.

Hardware sales were still 84% higher than that of April 2019.

Year-to-date sales of hardware jumped 42% over 2020.

Nintendo Switch ranked the best-selling platform for April and 2021 year-to-date.

Year to date sales of accessories jumped 22% to $885 million.

MLB: The Show 21 of Sony surpassed Call of Duty: Black Ops Cold War to emerge at the top of the dollar sales chart in the content story category.

Major video game producers’ stocks are currently gaining. 6758: TYO is up 1.57%, MSFT: NASDAQ is up 0.44% n premarket, 7974: TYO is up 1.31%

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