U.S. console hardware sales experienced a significant 39% drop in July, reaching their lowest point since 1995. This decline is attributed to rising memory and component costs, which have driven the average console price up to $542. Physical game sales also hit a record low, with spending falling to $85 million in July. AI
RANK_REASON Significant drop in console sales and spending, driven by industry-wide cost increases and pricing strategies. [lever_c_demoted from significant: ic=1 ai=0.1]
- Asha Sharma
- Circana
- Mat Piscatella
- Microsoft
- Nintendo
- PlayStation 5
- PS5 Pro
- Sony Group
- Switch 2
- Xbox
- Xbox Series X and Series S
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