NPD Group recently released some numbers showing the industry isn’t as recession proof as everyone has claimed for the past few decades.
The video game market is looking to stabilize this year with no more than 5 percent growth around last year’s revenue mark of $11 billion.
Console sales have been dropping for each of the three major players, including Nintendo, and price cuts are rumored for all three systems ahead of this year s holiday season.
Amazon.com also mentioned video games as one reason it had modest Q2 2009 earnings. Does this portend the end of saying video games are recession proof?
