Video Game Sales Suffer 1st Y/Y Decline in 2 Years in September

[mandy]

Weathering the Economic Downturn

Digital service and content revenue will grow significantly for all three consoles, according to Cai.

Digital sales could also help console makers weather the current economic crisis, even though the video game industry may experience relatively little economic impact from the current global economic crisis.

"In terms of the economy, I believe the gaming industry will feel less impact compared to other consumer industries," Cai predicted. "Consumers still need to be entertained, and if they decide to cut down on travel, that means more gaming hours at home. Nevertheless, expect to see more bundles with free games from console makers. Gamers may also change their purchase behavior a little bit. There'll be more bargain hunting this holiday season."...

full article: http://ecommercetimes.com/story/64859.html