The video game industry has a COVID hangover

The video game industry has a COVID hangover

The video game industry is suffering from a COVID hangover even a bottle of Pedialyte and a bacon, egg, and cheese can’t fix. After explosive growth throughout the pandemic, game sales are finally plummeting back to Earth.

Both Microsoft (MSFT) and Sony (SONY), two of the world’s leading game companies, revealed this week that their gaming divisions saw year-over-year revenue declines, as soaring inflation takes a toll on the industry. It’s not just hardware and games sales that are…


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