Tag Archives: Sterne Agee

Sterne Agee analyst Arvind Bhatia expects NPD figures for March 2013 to be down by 10-15% when the numbers are reported tomorrow.

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Sterne Agee analyst Arvind Bhatia expects Grand Theft Auto 5 to outsell Call of Duty in 2013, and estimates Rockstar has spent around $137.5 million on development.

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Sterne Agee analyst Arvind Bhatia has said in his latest investor note that sales of Wii U hardware and software at GameStop were below expectations over the holiday period.

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Industry analysts have weighed in on Wii U post Nintendo’s E3 press conference, and many are concerned over the fact there is still every little known about the console.

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Sterne Agee analyst Arvind Bhatia expects Grand Theft Auto V to release during early 2013, which he feels will not only provide Rockstar with time for extra polishing, but also give the firm a “potential” window in which to launch the game on Wii U. Bhatia expects the game to hit during March of next year, a release window which would keep it from going up against the next Call of Duty title and Assassin’s Creed 3 this fall. Rockstar has yet to announce a release window for the title.Thanks, Gamasutra.

Sterne Agee’s Arvind Bhatia has highlighted some disturbing figures in Zynga’s finances.

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Sterne Agee analyst Arvind Bhatia reckons Modern Warfare 3 could sell as much as 6 million units at launch today, 1 million more than what Black Ops did this time last year in its first 24 hours. “We expect MW3 to grow 10% versus last year’s Call of Duty: Black Ops, which has sold through more than 25 million units life-to date. We expect 5.5M-6.0M unit sales of MW3 on day 1 and nearly 18M units in the December quarter,” said Bhatia in a note. Big numbers, kids. Big numbers.

Thanks, IG.

Non-stop GTA V, it seems. Sterne Agee analyst Arvind Bhatia has put an estimated number on the game’s sales, predicting as much as 25 million copies moved for the Rockstar title. That would put it on par with sales of Black Ops and 3 million more than GTA IV. The prediction is near that of Wedbush’s Michael Pachter back in the summer, who said GTA V would sell 24 million copies.

Bhatia added that an announcement of a release date in next week’s trailer would be “positive for the shares.” Take Two shares were up last night following the initial announcement.

Thanks, Gamasutra.

Sterne Agee analyst Arvind Bhatia said in a industry note that pre-orders for Battlefield 3 have hit the 1.5 million mark.

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Sterne Agee’s Arvind Bhatia has estimated Rockstar will have spent $105 million on Max Payne 3 by the time development is complete. According to is estimates, if the figure is correct, the game would have to move 4 million units just to break even. The analyst came up with the figure based on the two prior versions in the series selling 7 million units combined, and added in the opinion that “Max Payne 3, has greater potential for success than either of the two prior versions.” He concluded that the title will likely move 4 million units easily has it is “highly anticipated and has potential for upside surprise.”

Max Payne 3 is out in March 2012. Thanks, IndustryGamers.

Analysts have responded positively to EA’s acquisition of casual king Popcap.

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The next big MMO from Blizzard might just be a casual affair, according to one Sterne Agee analyst.

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Sterne Agee analyst Arvind Bhatia has revealed that L.A. Noire sold around 900,000 units in the US during May, and according to the cited NPD figued, the game is trailing behind Red Dead Redemption by 40 percent.

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Games industry analyst Arvind Bhatia with Sterne Agee stated in the firm’s latest industry note that he expects Duke Nukem Forever to move between 1.5 and 2 million units, but that actual sales may hit nearer the lower end of the estimate.

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With success, comes “a reasonable bet” for a company to be taken over – at least as far as analysts are concerned when mentioning Take-Two.

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LA Noire will sell within the region of 3-4 million units, according to one analyst’s prediction.

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As if one Thursday shorts post wasn’t enough for you, we now offer you the sequel. Read on about Left Behind games and Sony offering customer service through Twitter.

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Bungie’s new ten-year deal to have its new IP published by Activision seems to be a good enough reason to replace Infinity Ward, according to one analyst.

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EA are looking to get 2 million subscribers when Star: Wars: The Old Republic releases next year, according to one analyst.

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PlayStation 3 will see “the best YoY growth in January” when the NPD results come out next week, according to one analyst.

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