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Video Game Sales Up 37 percent in May

Video Game Sales Up 37 percent in May

Gaming Jun 13,2008 0

U.S. retail sales of video games, consoles and game accessories hit $1.12 billion in May, a 37 percent rise over the same month last year, driven by the chart-topping Grand Theft Auto video game, market researcher NPD Group reported Thursday. Nintendo 's Wii console is still the top-selling hardware unit, with 675,100 units sold in May. Nintendo's DS handheld player took second with 452,600 units sold. Those units have captured the top two spot's for four consecutive months.

Sony 's PlayStation 3 and Microsoft's Xbox 360 trailed with 208,700 and 186,600 units sold, respectively.

Hardware sales rose 34 percent to $428.6 million, while software sales rose 41 percent to $536.9 million, compared to the same month last year, NPD reported.

Take-Two Interactive Corp's Grand Theft Auto continues to be the No. 1 selling video game, and its version IV, released in April, sold 871,300 units in May.

Sales year-to-date come to $6.6 billion and the industry is on pace to bring in revenue between $21 billion and $23 billion for 2008, NDP said.

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