The decline affected the entire industry, including games, accessories and hardware. Hardware sales dropped 36 percent over last year, reports SlashGear. http://www.slashgear.com/video-game-sales-dropped-25-percent-in-us-last-month-14274191/ Software fell 27 percent and it is estimated that roughly one half of games were sold in retail.

Video game sales in February totalled about $1.2 billion. Microsoft reported a significant drop in Xbox 360 sales, which is hardly surprising since a new console is coming soon. Sony and Nintendo did not release any sales numbers, but analysts reckon Nintendo’s new Wii U is underperforming.

Sony’s new PlayStation 4 is expected to appear in time for the holiday season, so it is safe to assume that Sony is also seeing a downturn.