A Gloomy Christmas for Toymakers

RT reports some sad news for toy companies like Mattel and Hasbro:

Toymakers will most likely see their Christmas sales lower this year, as children prefer gadgets as holiday presents, according to analysts reported in the Financial Times on Monday. A source told the paper that its top selling product this Christmas was a mobile phone case.

One of the more thought-provoking lines from later in the piece:

“Everyone I know who has a kid under 10 has a tablet in the house. And that tablet is the babysitter,” Dylan Collins, an investor in Fight My Monster, an online gaming company, told the paper.