GME - Videogame sales jump again up 42% to January-record $4.7B

A record holiday season for videogame sales didn't let up in January. Overall sales rose 42% in January 2021 from the prior January to hit $4.71B, according to NPD Group, kicking off what will be a year filled with tougher comparisons vs. the pandemic months of 2020. That news follows a December-record $7.7B in overall sales, and a November-record $7B. The latest monthly gains were marked by very heavy gains in hardware, after next-generation consoles were hard to come by for Christmas shoppers. Hardware sales jumped 144% to $319M, the best hardware January since 2011, analyst Mat Piscatella notes. The best-selling hardware platform in units sold was Nintendo Switch (NTDOY) - the best January platform number since 2010 - while the best-selling platform in terms of dollars was the PlayStation 5 (SNE) - the best January platform dollar sales since 2009. Accessories sales jumped 73% to $222M, with new records

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Videogame sales jump again, up 42% to January-record $4.7B