US video game sales down 5% in January 2006

US video game sales were down 5% to $357 mln in January 2006, the fifth consecutive month of declines, according to NPD Group. Microsoft sold 250,000 of its new Xbox 360s in January, bringing NPD’s US unit sold count to 857,000. UBS analyst Michael Wallace is forecasting video game sales growth of just 3% in 2006.