February NPD – Industry revenue up 10% YoY to $1.47 billion

By Patrick Garratt

Just-released NPD data has shown overall game revenues rose 10 percent in February compared to the same month in 2007, up to $1.47 billion.

Hardware sales were up 11 percent to $532.7 million, while software revenue climbed 9 percent to $733.5 million.

Accessories were up 13 percent to $207.1 million.

“The U.S. video games industry continues to post strong year-over-year comps despite the tough economy,” said NPD analyst Anita Frazier.

“Unit sales increased even more than dollar sales did, reflecting a slightly lower average retail price for all categories as compared to last year.”