Resistance is selling a little over 5K a week in North America and I suspect it's selling slightly better than that in PAL countries. I think this stock is overvalued. A price drop for this game seems likely, which is sure to increase sales.
@ Laoldar "I'm doubting that making it a budget title will cause a very large increase in sales because most people who want a great shooter for their PS3 would have already purchased it...it's not like there's a ton of other options right now."
I think this game will continue selling well, especially if given a price drop (at the right time).
I'm guessing the main thing that's keeping this game going is the increasing PS3 userbase and the fact that this is one of the only good games on the PS3. There are some other "good" (Lair, Hevenly Sword, GTA IV) games coming to the PS3 in 2007 but it seems like most of the really big names like MGS4 and Final Fantasy will be out in 2008. People who purchased the PS3 for Lair or Hevenly Sword won't just sit on their hands for the next year or so waiting for MGS4, they'll go out and purchase the other solid title on the PS3, Resistance, especially if it's at a cheap price.
I can only see the big 2007 releases helping Resistance because they will increasing the PS3 userbase. Until another good FPS comes along and renders Resistance useless or a steady flow of "good" games is created, I don't see Resistance sales falling off (by that much, at least). I can't think of any big name FPS's coming soon and I don't see a steady flow of top quality games being created until after MGS4 or the Final Fantasy XIIIs are released.
IMO going to Greatest Hits equals more sales. Often some games see a legitimate spike when they become GH, but even more so is that they continue to sell decently for much longer. They're usually given retail space for the lifetime of the console.
Laoldar, your right, making it a budget title probably won't help, as there are few good FPSs or games in general on the PS3 at the moment. On second thought, even if they did it in the future it probably would not help because by then it might be forgotten and I don't see this game having very long legs because it is in the FPS market, which is always coming up with something new and better to top the old games.
I think for another game, Resident Evil for the Wii was it, you talked about how making a game budget probably doesn't increase sales, and I think you might be right. I'll try to find data for a game before and after it became budget to see if it really makes an impact on sales.
I didn't mean to imply that the game isn't good, just about everything I've heard about it says that it is. I meant high quality games as in other games that are AS good as Resistance.
I'm doubting that making it a budget title will cause a very large increase in sales because most people who want a great shooter for their PS3 would have already purchased it...it's not like there's a ton of other options right now.
Laoldar, I would almost tend to agree with you, while I would dispute the higher quality games theory (this game is in the same league as Gears of War), but I would agree that other, newer games will come along that will push this game to the back. I truly think that Insomniac could get many more sales if they had released this game later in the consoles life, like the end of this year or if they make it a budget title for like $30.
This game could not have become a blockbuster because there was not the installed base to make this game a blockbuster. I still expect the sales of this game to get to around 1.4 million if they can keep some level of interest in the game as the PS3's installed base continues to grow.
Rather than "strong and consistent seller", many would describe this game as "one of the only games worth picking up on a new system". Once other high quality games appear on the PS3 this year, sales will fall off. We don't have any reports of cumulative sales overseas except for a news report that sales plummeted in its second week in Europe. In fact, vgcharts doesn't even show it as passing one million shipped (changed from earlier it seems?).
Unless we get a report of very strong sales numbers in Europe, I don't see any reason to consider this stock undervalued, nor has its US sales been that encouraging.
according to vg charts as of the week of may13th resistance sold 8,500 copies bringing it to a total of 685,659. thats for the u.s. only seems to still be going strong and is a consistent seller. in the u.s only. this is an undervalued stock
I think Resistance will become a pack-in with the PS3 eventually or stores will begin bundling it for free at some point. Also Resistance will probably become a Greatest Hit this fall. I think it will reach 1.5 million by the end of the year and over 2 million lifetime.
Its sales are likely because it's the best (and some sources would say, the only decent) game for the launch and early months of the PS3. Once larger titles come out this year (franchises like GTA, DMC, FF, MGS, etc), it'll probably get lost in the shuffle.
That being said, it just now hit Europe. If it does comparable numbers there (right now America listed at 660,000 shipped w/580,000 sold and PAL has 220,000 shipped), it should be able to hit its price. I figure this one will end up around 155-170, depending on how its European sales do.
Given how its American numbers slipped in February, I doubt it'll get much further thant he current shipped numbers.
6
http://www.thesimexchange.com/news-item.php?id=9550
According to VGCharts, Resistance has sold 697K and 122K in North America and Japan respectively.
http://www.vgchartz.com/aweekly.php?page=2&date=39236
It's 72nd
http://vgchartz.com/japcomp.php?name1=Resistance%3A+Fall+of+Man&name2=
This gives us a total of 1419K sold so far.
Resistance is selling a little over 5K a week in North America and I suspect it's selling slightly better than that in PAL countries. I think this stock is overvalued. A price drop for this game seems likely, which is sure to increase sales.