Wedbush Morgan’s Michael Pachter just predicted that the US games trade is about to return to double-digit growth following six straight months of negative figures.
“We forecast sales of $750 million, up 21% compared to last year’s $618 million,” the analyst said in a note.
Pachter also predicted that PS3 beat both Wii and 360 in American in September.
“We estimate sell-through of 390,000 Wii hardware units (down 45% from last year), 350,000 Xbox 360 (up 1% from last year), and 410,000 PS3 consoles (up 76% year-over-year) as the price cuts for all three consoles spurred demand,” he added.
The NPD releases next Thursday.
Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.