U.S. video game market limps into the festive season

By A Bisht

According to research group NPD, ahead of the US festive season, the US video game industry is seeing a grim patch.

The Sales of video game equipment and software in the US fell 7.6 percent in November to $2.7 billion.

--The Hardware sales fell 13.4 percent.

--While the software sales dropped 3.1 percent.

[Note: November sales include the Black Friday post-Thanksgiving weekend, the traditional kickoff to the annual holiday shopping spree.]

Points of concern:
 The industry is struggling despite the Black Friday post-Thanksgiving weekend in November.

 Continued slump despite the recent price cuts on all the major consoles.

 The launch of a blockbuster game, Activision Blizzard Inc's "Call of Duty: Modern Warfare 2." --------