Pachter makes hardware/software sales predictions for January, numbers down
The following predictions come from Wedbush analyst Michael Pachter...
- year-over-year software sales dropped by 12 percent to $505 million
- low sales blamed on a lack of high-profile games released until the end of the month
- forecasts that late 2011 games like Activision's Call of Duty: Modern Warfare 3 and Ubisoft's Just Dance 3 will be two biggest software titles
- these will sell around 800,000 and 600,00 units respectively
- major publishers will have "an opportunity to grow revenues by 10 percent or more annually for the next several years."
- software sales at retail will likely begin to see monthly growth in May
- "175,000 Wii units (down 45 percent year-over-year), 390,000 Xbox 360 units (up 2 percent), 235,000 PS3 units (down 12 percent), 65,000 DS units (down 78 percent), and 215,000 3DS units."
- January's total hardware sales will fall by 18 percent year-over-year
- sales will jump back up once price cuts for the consoles
- year-over-year software sales dropped by 12 percent to $505 million
- low sales blamed on a lack of high-profile games released until the end of the month
- forecasts that late 2011 games like Activision's Call of Duty: Modern Warfare 3 and Ubisoft's Just Dance 3 will be two biggest software titles
- these will sell around 800,000 and 600,00 units respectively
- major publishers will have "an opportunity to grow revenues by 10 percent or more annually for the next several years."
- software sales at retail will likely begin to see monthly growth in May
- "175,000 Wii units (down 45 percent year-over-year), 390,000 Xbox 360 units (up 2 percent), 235,000 PS3 units (down 12 percent), 65,000 DS units (down 78 percent), and 215,000 3DS units."
- January's total hardware sales will fall by 18 percent year-over-year
- sales will jump back up once price cuts for the consoles
