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Video game records best sales in 12yrs



VIDEO-GAME sales exploded last month as the coronavirus forced millions worldwide to hunker down at home looking for something to do with spending on video game hardware, software and accessories jumping to $1.6 billion.

  This represents 35 per cent rise from the record a year earlier in reversing a seven-month streak of declines to power past previous performances since 2008.

  According to industry experts, the spike was fueled in large part by the Nintendo Switch. This is a firm whose sales more than doubled last month versus a year earlier to surpass its initial sales when it launched in March 2017.

  Indeed, the fastest-selling console in Nintendo’s history has become hard to get since the coronavirus started, with the console selling out at retailers like Walmart and Amazon with an Amazon listing for a used Switch, which normally retails for $300, going above $500 on Tuesday, while a special “Animal Crossing” branded Switch was listed at $700 on eBay.

  Nine of 10 best-selling games last month generated more sales than titles ranked similarly last year with Nintendo’s “Animal Crossing: New Horizon” leading the pack. It edged No. 2 “Call of Duty: Modern Warfare” despite coming out in the second half of the month.

This shot Nintendo shares up by over 20 per cent since “Animal Crossing” was released on March 20.

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