Sales of software were hard hit. Most affected were video games which fell sharply in economic recession. People are buying only essentials like food so many electronics retailers are going under. Witness the bankruptcy of Circuit City. Also, you can download many computer programs for free off the internet.
Hey, even supposedly recession proof industries such as computer console entertainment are doing terrible, as people hang on to their credit cards. For example, sales of our ever popular Wii fell by over 50% from last year.
This means more unemployment down the road as firms close down. For many retailers it is - game over!
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