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Analyzing The Videogame Spending And Winners


Benzinga | Dec 14, 2021 02:39PM EST

Analyzing The Videogame Spending And Winners

NPD analyst Mat Piscatella said that U.S. November 2021 consumer spending across video game hardware, content, and accessories fell 10% year on year, to $6.3 billion.

* The YTD consumer spending rose 9% Y/Y to $52.9 billion.

* Hardware dollar sales fell 38% Y/Y, leading the market to an overall 10% decline Y/Y.

* For November, the video game hardware dollar sales declined 38% Y/Y to $883 million.

* Nintendo Co Ltd's (OTC: NTDOY) Switch was the best-selling hardware platform in both units and dollars for November 2021 and 2021 YTD. Other companies in the video game console space include Microsoft Corp (NASDAQ: MSFT) and Sony Group Corp (NYSE: SONY).

* Activision Blizzard Inc's (NASDAQ: ATVI) "Call of Duty: Vanguard" debuted as November's best-selling game in the U.S., instantly becoming the 2nd best-selling game of 2021 to date. It marked the 14th consecutive year for the "Call of Duty" game, ranking as the best-selling game of its release month.

* Electronic Arts Inc's (NASDAQ: EA) "Battlefield 2042" launched as the #2 best-selling game of November, ranking as the 6th best-selling game year to date.

* Xbox Game Studios' "Forza Horizon 5" set a new "Forza" franchise month sales record while ranking the 4th best-selling game of November 2021.

* Price Action: ATVI shares traded higher by 1.46% at $59.56 in the market session on the last check Tuesday.







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