Video game sales jump 41% in May
From Times Wire Services
U.S. video-game sales increased 41% in May, led for a second month by Take-Two Interactive Software Inc.’s Grand Theft Auto IV.
Consumers purchased 1.31 million copies of the game at U.S. stores last month, Port Washington, N.Y.-based researcher NPD Group Inc. said. Video-game hardware sales rose 34%, led by Nintendo Co.’s Wii.
Grand Theft Auto IV may generate more than $1 billion in sales by year-end, Janco Partners analyst Mike Hickey said in a note to investors.
