Pachter Preliminary Predictions Put PlayStation Predominant
Wedbush Morgan [http://www.wedbushinc.com/]analyst Michael Pachter has predicted Sony's PlayStation 3 console will outsell Microsoft's beleaguered Xbox 360 in July.
While official figures are not yet available, Pachter anticipates the Wii [http://www.playstation.com]platform. "We estimate sell-through of 330,000 Wii, 115,000 Xbox 360 and 160,000 PS3 hardware systems," he said. He also forecast a 12.5 percent increase in game sales, from $378 million to $425 million, based on "$295 million in sales contributions from new platforms (PS3, Wii, 360, PSP and DS) and current generation software sales of $130 million."
According to Pachter, the rise in Sony's fortunes can be attributed primarily to the recent PlayStation 3 price drop [http://www.escapistmagazine.com/news/view/74568]of its own, should allow sales to "rebound."
Pachter's predictions are preliminary; official numbers from NPD won't be released until August 23.
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Wedbush Morgan [http://www.wedbushinc.com/]analyst Michael Pachter has predicted Sony's PlayStation 3 console will outsell Microsoft's beleaguered Xbox 360 in July.
While official figures are not yet available, Pachter anticipates the Wii [http://www.playstation.com]platform. "We estimate sell-through of 330,000 Wii, 115,000 Xbox 360 and 160,000 PS3 hardware systems," he said. He also forecast a 12.5 percent increase in game sales, from $378 million to $425 million, based on "$295 million in sales contributions from new platforms (PS3, Wii, 360, PSP and DS) and current generation software sales of $130 million."
According to Pachter, the rise in Sony's fortunes can be attributed primarily to the recent PlayStation 3 price drop [http://www.escapistmagazine.com/news/view/74568]of its own, should allow sales to "rebound."
Pachter's predictions are preliminary; official numbers from NPD won't be released until August 23.
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