Nearly 30 percent decline in January
The U.S. retail software industry did not have favorable news in January, as it reported that its sales fell 29.5 percent compared with the same period in 2007.
Analysts are concerned that this is an overall sign of a weakening U.S. economy, as consumers are reducing their discretionary spending. The only part of the software industry that had growth was the sale of business software, which posted a 6.9 percent increase. This segment includes Apple’s Macintosh computers and Microsoft’s Office software computer programs.
Despite the strong interest in video games and new games releases, industry analysts claim that the sale of computer games is down 61 percent from the same period last year and that sales of operating systems declined 54 percent.
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David Stellmack
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