NEW YORK (AP) — Retail sales of video games have declined for six straight months.
Analysts are blaming the slow August — which was expected — in part on a disappointing showing from the latest "Madden" title from Electronic Arts.
Market researcher NPD Group reports a 16 percent decline to $909 million in overall U.S. retail sales of hardware, software and accessories.
Sales of games fell 15 percent $470 million when compared with the same month a year earlier. Hardware sales, meanwhile, dropped by a quarter to $298 million.
Still, price cuts lifted sales of Sony Corp.'s PlayStation 3 by 72 percent over July.
The sales figures do not reflect Septemb er's release of "The Beatles: Rock Band" and "Guitar Hero 5," two titles expected to give the industry a boost.
CEO Salaries Become Sore Issue in Labor Disputes
Facebook Sued by Investors Over Disclosures
HP to Cut 27,000 Jobs, Save Up to $3.5B
Investors Slap Facebook 11 Percent Lower
Yahoo to Reap $7.1B From Alibaba Stake
Facebook Shares Close Up Just .23 at $38.23
Future Uncertain for Post-IPO Facebook
Facebook Shares Spike 10% Higher at Open
Mark Zuckerberg Rings Nasdaq Opening Bell
Verizon to End Unlimited Data Plans
Facebook IPO: What You Need to Know
GM Says It Will Stop Paying for Ads on Facebook
On Zuckerberg's Mind: People, Not Shareholders
Dimon Survives Votes on Pay, Chairmanship
Raw Video: Protesters Target JP Morgan Meeting
Poll: Half of Americans Call Facebook a Fad
Could JP Morgan Losses Have Been Prevented?
Fuzzy Resumes: A Look at Leaders Undone
More Questions After Yahoo Leadership Fiasco
Ground Broken for New Whole Foods in Detroit
