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Video Game Sales Dip In August
U.S. sales of video game hardware and software fell 16 percent in August to $908.7 million, the sixth consecutive monthly decline, according to the NPD Group.
Hardware sales dropped 25 percent from a year ago, while software sales were down 15 percent. One positive was sales of video game accessories increased 2 percent.
"The back four months of the year will have to be up 14% in aggregate for 2009 to come in flat in comparison to 2008 sales," said Anita Frazier, analyst, NPD.
Nintendo's Wii held onto to its top position as most popular console selling 277,400 units, although sales fell 38 percent.
Microsoft's Xbox 360 ranked second selling 215,400 units with sales up 10 percent due in part to a price cut. Sony's PS3 sales also rose 72 percent from July to 210,00 units due to a price cut as well.
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