May Game Software Sales Up 4%, But Analysts Were Hoping For Higher Growth

New videogames such as Rockstar’s “Red Dead Redemption” and Nintendo’s “Super Mario Galaxy 2” helped lift software sales in May to $466.3 million, a 4% rise from 2009, according to NPD. But the increase could not offset a 20% decline in console sales for the industry. Pacific Crest Securities’ Evan Wilson, who had expected 15% software sales growth, says “there is no end in sight” to the “choppy” conditions of the games market, according to the LA Times.