For the first time in more than two years, video game consoles sales rose in the United States, but thatâ€™s hardly news in the holiday season. However, the fact that theyâ€™re up 58 percent for the month is news. Sales rose to $1.33 billion in November, up from $839.1 million in 2012, according to the NPD Group, Inc. While console makers are enjoying this monthly boost, theyâ€™re more concerned with the general downward trend for sales thatâ€™s been in effect since October 2011. Theyâ€™re trying to discern if the decline was due to gamers jumping ship to tablets or if they were simply awaiting the new Sony PlayStation 4 and Xbox One platforms. Investors will know in January whether the sales spike in November was a one-time event or not. If so, then theyâ€™ll probably see Sony and Microsoft shares revert to lower levels come the New Year.
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