Through February, video game sales in the U.S. were tracking ahead 11 percent. Oh what a difference a month makes. In one fell swoop, March wiped out the gains the industry enjoyed in the first two months. Total sales declined 17 percent to $1.43 billion (a slight sequential decline from February too), and first-quarter sales (at $4.25 billion) are now flat for 2009 as a result. "While it might be tempting to jump to the conclusion that the sky is starting to fall on the video games industry given this months results.

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