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Pachter makes March 2012 NPD predictions - everything down
The following predictions come from Wedbush analyst Michael Pachter...
- retail software sales in the U.S. fell by nearly a quarter last month
- hardware sales dropped by a third
- retail software sales in the U.S. fell for the fourth consecutive month
- game industry didn't have enough big releases
- software revenues of $565 million for March 2012
- this is down by 23 percent compared to March last year
- total hardware unit sales slipped by 32 percent year-over-year
- this is partially due to the launch of Nintendo's 3DS in the same month last year
"We do not expect a return to positive growth until May, which features Activision Blizzard's Diablo III, Take-Two's Max Payne 3, and Ubisoft's Ghost Recon: Future Soldier. We expect hardware sales to rebound once price cuts are implemented, but expect a recurrence of the dip next holiday, partially buffered by some modest contribution from the introduction of the PS Vita in February and the Wii U later this year."
Link
- retail software sales in the U.S. fell by nearly a quarter last month
- hardware sales dropped by a third
- retail software sales in the U.S. fell for the fourth consecutive month
- game industry didn't have enough big releases
- software revenues of $565 million for March 2012
- this is down by 23 percent compared to March last year
- total hardware unit sales slipped by 32 percent year-over-year
- this is partially due to the launch of Nintendo's 3DS in the same month last year
"We do not expect a return to positive growth until May, which features Activision Blizzard's Diablo III, Take-Two's Max Payne 3, and Ubisoft's Ghost Recon: Future Soldier. We expect hardware sales to rebound once price cuts are implemented, but expect a recurrence of the dip next holiday, partially buffered by some modest contribution from the introduction of the PS Vita in February and the Wii U later this year."
Link