The video games industry grew 37% last month on strong sales of the Grand Theft Auto IV game. However Microsoft(MSFT - Cramer’s Take - Stockpickr) saw sales of its Xbox 360 console lag rival Sony’s(SNE - Cramer’s Take - Stockpickr) PlayStation 3. Meanwhile Nintendo/s Wii console and its handheld DS system bagged the top two spots in terms of overall hardware sales for the fourth consecutive month and continued to outsell rivals, said industry research firm The NPD Group in its monthly report on video games sales. Take-Two Interactive’s(TTWO - Cramer’s Take - Stockpickr) Grand Theft Auto continued to burn the charts bagging the top spot for the second month. The title, which was released on April 29, sold about 1.3 million copies across the Xbox 360 and PS3 systems last month. Take-Two is currently battling a $2 billion hostile bid from its larger rival Electronic Arts (ERTS - Cramer’s Take - Stockpickr). EA has a tender offer open for Take-Two shares at $25.74. Shares of Take-Two closed down 19 cents to $26.56 Thursday.