Video Game Sales Outpace Expectations in February

The video game industry got some long-awaited good news in February.

Software sales came in slightly better than analysts were expecting, while hardware sales shattered forecasts. For the month, game sales fell 5 percent versus a year ago, according to the NPD. (Analysts had expected a drop of between 6 and 10 percent.) Sales of gaming hardware were up a surprising 10 percent, though.

Read more at CNBC.com

Game hardware sales soar in February

Gamers went on a buying spree in February, shocking analysts and rocketing the video games industry into positive sales territory for the first time in over two years.

Buoyed by an unexpected 10 percent jump in hardware sales and a 22 percent surge in peripherals (led by Microsoft’s record-setting Kinect), video game industry sales are now 4 percent above where they were a year ago year to date, according to the NPD Group.

Read more at Yahoo! Games