Who's having the last laugh?

Forget the concerning news about dwindling sales, and let’s focus on what really matters: Twisted Metal was the ninth best selling game in North America for the month of February. Considering the amount of scepticism that was lofted at director David Jaffe and his team regarding the relevance of car combat, we think that’s a pretty big win for the studio. Now, if only the multiplayer would work properly...

On a more serious subject though, the North American video game industry is definitely showing signs of decline. While hardware performance for February was much improved over January – largely thanks to the release of the PlayStation Vita – overall sales continued to drop. Indeed, the combined total of hardware and software sales saw a 20 percent decline over February 2011. Not good.

Call of Duty: Modern Warfare 3 was the best selling title for the month, with Final Fantasy XIII-2 and UFC Undisputed 3 both rounding out the top three. Kingdoms of Amalur: Reckoning was the only new IP to appear on the list in fourth, with Just Dance 3 finishing in fifth.

Meanwhile, Uncharted: Golden Abyss was the highest selling PlayStation Vita title, finishing up somewhere outside of the top ten.

Multiformat Software Top Ten: February 2012

1. Call of Duty: Modern Warfare 3 (360, PS3, Wii, PC)
2. Final Fantasy XIII-2 (PS3, 360)
3. UFC Undisputed 3 (360, PS3)
4. Kingdoms of Amalur: Reckoning (360, PS3, PC)
5. Just Dance 3 (Wii, 360, PS3)
6. NBA 2K12 (360, PS3, PSP, Wii, PC, PS2)
7. SoulCalibur 5 (360, PS3)
8. Elder Scrolls V: Skyrim (360, PS3, PC)
9. Twisted Metal 2012 (PS3)
10. Battlefield 3 (360, PS3, PC)

[source joystiq.com]