Xbox 360 SlimThe latest report of video game sales (consoles, software and accessories) by NPD for June showed a 10 percent decline for year over year to to $995 million.  This follows a 14 percent decline in May to $743.1 million, marking the worst month in almost five years for the industry.

Leading the hardware side of things was Microsoft with nearly 507,000 Xbox 360 units shipped last month, which was revealed by Microsoft itself.  Nintendo revealed that the  Wii sold 273,000 units, well off the pace of Microsoft’s console, and apparently also sold 386,000 various DS units, and 143,000 of the Nintendo 3DS.  Sony is not expected to release its sales numbers for the PS3.

On the software side of things, specific numbers weren’t revealed, or how it broke down by console, but the top 10 games came down as follows:

  1. L.A. Noire (360, PS3)
  2. Duke Nukem Forever (360, PS3, PC)
  3. Infamous 2 (PS3)
  4. Lego Pirates of Caribbean: (Wii, 360, NDS, PS3, 3DS, PSP, PC)
  5. Legend of Zelda: Ocarina of Time 3D (3DS)
  6. Call of Duty: Black Ops (360, PS3, Wii, NDS, PC)
  7. NBA 2K11 (360, PS3, Wii, PS2, PSP, PC)
  8. Mortal Kombat 2011 (PS3, 360)
  9. Cars 2 (NDS, Wii, 360, PS3, PC)
  10. Just Dance 2 (Wii)

Why sales of the industry are falling so much is unclear, but speculation can of course run to the soft economy, or perhaps that fact that the systems are all aging.  There is a point where everyone who is going to buy Console Y have bought it, and no matter what you do, no one else will purchase it.  Both Microsoft and Sony say these consoles are on a 10 year cycle, so by the time these do get refreshed, their sales may be down to next to nothing.  As consumers a decade long recycle phase is fantastic, but the companies may discover it’s not the best thing for their bottom line.

Why do you think video game sales are falling?