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US Game Console Sales Crater in Worst November in Two Decades
A Nintendo Switch 2 at a Nintendo store ahead of the console's release in New York, on June 4.
Photographer: Michael Nagle/BloombergUS 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.