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The video game industry "got a harsh slap in the face Monday," says Chris Morris at Yahoo! Games. According to new data released by tracking firm NPD, games sales in May dropped to $375.8
million, a 19 percent drop from May 2010. That makes May 2011 the industry's worst month since October 2006. The steep decline surprised analysts who'd forecasted at least "relatively flat"
sales thanks to a price cut for Nintendo's Wii console. Here, four possible culprits behind the unexpected flop:
The May disappointment "really is about a light new release schedule as compared to last year," says NPD analyst Anita Frazier, as quoted by CNBC. Just 42 new titles were released last
month, compared to 58 in May 2010, and 72 in May 2009.
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