The following predictions and analysis come from Cowen and Co. analyst Doug Creutz...
- retail revenues for software fell significantly last month
- expects console and handheld game sales to have fallen by 22 percent
- last year's March featured Pokemon Black/White, Homefront, and Dragon Age II, making for a tough comparison year-on-year
- double-digit revenue declines will likely persist in April and May
- this is due to continued Wii weakness
- Xbox 360 and PS3 software sales were only slightly down year-over-year
- Wii game revenues dropped by 50 percent
- 24 percent year-over-year decrease in packaged console/handheld game sales
- 53 percent slip for PC game sales
Link
- retail revenues for software fell significantly last month
- expects console and handheld game sales to have fallen by 22 percent
- last year's March featured Pokemon Black/White, Homefront, and Dragon Age II, making for a tough comparison year-on-year
- double-digit revenue declines will likely persist in April and May
- this is due to continued Wii weakness
- Xbox 360 and PS3 software sales were only slightly down year-over-year
- Wii game revenues dropped by 50 percent
- 24 percent year-over-year decrease in packaged console/handheld game sales
- 53 percent slip for PC game sales
Link
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