SKLZ - Videogame sales rise 10% vs. 2020 in third straight month of gains
Videogame industry sales rose again on a year-over-year basis in July - marking the third straight gain against tough comparisons, following April's decline. Sales rose 10% vs. July 2020, to hit a July record $4.6 billion, according to NPD Group. And that brings year-to-date spending to $33.5 billion - a 14% gain vs. the same seven months in 2020 and demonstrating the resilience of videogames, in the face of many observers predicting a slowdown from our lockdown year. Gains were broad: Hardware sales marked their second straight month of essentially doubling year-over-year (up 98% to $323 million, hardware's best July since 2008). That came even in the face of ongoing stock shortages of the new next-gen video consoles from Sony and Microsoft. Accessory sales reversed a couple of months of slowdowns, rising 11% to $189 million. And game content sales, always central to the overall total, jumped up 6% to
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Videogame sales rise 10% vs. 2020 in third straight month of gains