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US games revenue fall below $1 billion for May

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America's tough comps got even tougher last night, as NPD announced a butt-puckering 23 percent decline in overall games revenue for May on a year-over-year basis.

Sales were down to $863.3 million from $1.12 billion in May last year, the first time the total monthly industry figure has fallen below $1 billion since August 2007.

Hardware was down to $302,500, a 30 percent drop.

Software revenue fell to $448,900, a 17 percent decrease, while peripheral sales slid 5 percent to $112,000.

"The video games industry continues to struggle with difficult comparisons to last year, and this is the first month that industry sales have dipped below $1 billion since August 2007," said NPD analyst Anita Frazier.

"May is typically one of the lowest revenue-generating months in any given year for the industry in general."

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Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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