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Pachter: PS3 beat 360 and Wii in US last month, double-digit growth has returned

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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.

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Patrick Garratt

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Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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