Pachter on late 2008: “PS3 will likely outsell the 360 in Europe by 20-40%, and will kill 360 in Japan”

Monday, 10 March 2008 17:56 GMT By Patrick Garratt

While Xbox 360 may look attractive in Europe after today’s price cut, Wedbush Morgan’s Michael Pachter believes that year-end will see PS3 move ahead of 360 month-on-month in the US, a strong surge in sales for Sony’s machine in Europe and the practical death of 360 in Japan.

“In the US, I think it will be close all year, with 360 outselling PS3 most months due to its lower price points (at least as long as it remains lower priced),” Pachter told videogaming247. “Sony gains a huge competitive advantage when HD monitor sales pick up at holiday, as I expect retailers to push PS3 as a Blu-ray player to anyone buying an HD monitor. By year-end, I
think PS3 will outsell the 360 in the US by a little.

“PS3 will likely outsell the 360 in Europe by 20-40 percent, and will kill 360 in Japan.”

Pachter’s comments came as Wedbush Morgan predicted both a monthly lead for PS3 in the US for February and a 27 percent increase in NPD data for the month year-on-year.