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US Game Console Sales Crater in Worst November in Two Decades

Bloomberg Technology
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US Game Console Sales Crater in Worst November in Two Decades

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000A Nintendo Switch 2 at a Nintendo store ahead of the console's release in New York, on June 4.US spending on video game consoles fell 27% last month, marking the worst November in two decades as tariffs and rising component costs pushed prices to record highs.American consumers spent $695 million on hardware like Nintendo Co.’s Switch 2 and Sony Group Corp.’s PlayStation 5 in the period, the lowest in the pivotal month for holiday shopping since 2005, according to a report from market tracker Circana on Wednesday.

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Source: Bloomberg Technology