RBLX - Videogame sales fall 8% in April though consoles rebound

Videogame industry sales slipped 8% year-over-year in April - the sixth straight month that was worse than the year before, though at least the declines stopped accelerating. December sales had shown up down 1% from the prior year, while January dipped 2%; February sales slipped 6%; and March fell a full 15%. April overall sales fell 8% from April 2021, to $4.337 billion, according to NPD Group. Hardware sale eked out some rare growth, rising 16% to $343 million as some console supply strains eased. But that number was swamped by another decline in accessories (down 10% to $151 million), and especially game content, which fell 10% to $3.844 billion. April's hardware rebound cut that area's year-to-date decline to 9%, for a 2022 total of $1.543 billion. Nintendo Switch (OTCPK:NTDOY) led the month again in unit sales, ahead of the Xbox Series (NASDAQ:MSFT), while PlayStation 5 (NYSE:SONY) led the month

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Videogame sales fall 8% in April, though consoles rebound