Michael Pachter looks at the numbers, throws toad legs into a cauldron, and calls it like he sees it. Hey, that’s what you do when you’re a well-paid analyst for Wedbush Morgan, right?
Mr. Pacther’s talking again, this time releasing a report that details his expectations for the videogame industry through the month of December. His first conclusion is that console sales will continue to be strong through the holidays, saying that sales for Sony, Microsoft, and Nintendo have all been extremely strong. Based on figures released by the big three, Pachter makes solid number predictions.
He continued, “These figures imply that Microsoft will sell 1.5 million Xbox 360s in December in the U.S., that Nintendo will sell 1.7 million Wiis, and that Sony will sell around 800,000 PS3s.”
And despite Nintendo’s strong sales, he expects that the demand will continue to “outstrip supply well into next year.” It also looks like a lot of kids who get gift cards in place of the console might get a lesson in patience — he approximates April, four months into the new year, as when we might start seeing some more Wiis on the shelves.
[Via Gamasutra]
