ESPO - Videogame sales slide 10% in November breaking six-month streak

Videogame sales declined year-over-year by double digits in November, breaking a six-month streak of gains just as the industry hit its biggest season of the year. Overall, sales fell 10% from November 2020, to $6.3 billion, according to NPD Group. That not only broke the streak of year-over-year gains, but also a string of monthly records falling. And the major culprit was a near-$600 million decline in hardware sales from last year, as supply-chain pressures continue to make next-generation consoles (the PlayStation 5 (NYSE:SONY) and Xbox Series S and X (NASDAQ:MSFT)) very difficult to find more than a year after their release. Overall sales fell from last year's $6.96 billion. But after the string of records, year-to-date industry sales are still up 9% year-over-year, to $52.94 billion. Sales had risen 16% in October, gained 3% in September, and rose 7% in August. Hardware sales fell 38% from last November, to

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Videogame sales slide 10% in November, breaking six-month streak