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Pachter: November Game Sales Hit $1 Billion
Pachter: November Game Sales Hit $1 Billion
next-gen.biz - December 10, 2007
Submitted by Just_Ben (112) at 7:54AM PST on December 10, 2007
"We forecast sales of $1 billion, +24% compared to last year’s $804 million,” said Pachter in an investor note ahead of the release of November software sales data by the NPD Group.
Hardware forecast: Wii - 950,000 __ Xbox 360 - 750,000 __ PS3 - 420,000 __ PS2 - 485,000 __ PSP - 650,000 __ DS - 1,350,000 __ GBA - 170,000
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2ixaarii posted on Industry News at 1:38AM PST on December 11, 2007. RE: Pachter: November Game Sales Hit $1 Billion@Just_Ben,
yep, PSP is the fun bet this month :)) Very curious how this one turns out.[ Oracle ] [ Level 20 ] [ Rank: 444 ]bids
1Just_Ben posted on Industry News at 12:46AM PST on December 11, 2007. RE: Pachter: November Game Sales Hit $1 Billion@Gaara42,
We are doing a far better job than patcher, thats for sure. Given the past trend of Pachters predictions I would guess the Wii will break 1 Million slightly, the 360 should end up about 700k the PS3 about 380k, and well the PSP number is quite insane high, if you ask me.[ Oracle ] [ Level 21 ] [ Rank: 112 ]bids
3ixaarii posted on Industry News at 3:04PM PST on December 10, 2007. RE: Pachter: November Game Sales Hit $1 Billion@Gaara42,
very exciting times indeed! I do however see/anticipated two limitations/problems with the SE predictions: the minor one would be a small tendency towards more buying than shorting due to the mechanical difficulties in shorting and the time trust, but the bigger one I can best express through an example (rather subjective, i must admit, but please bear with me): I'm quite sure that ps3 will sell at least as much as xbox360, probably 30-50% more I'd say, and I'm confident SE will in time come to show that, however, I think it will only show this as more media coverage goes it's way. In the past year media coverage has been on 360, so SE reflects that, when we had more ps3 news it reflected that... which is all good, part of the adjustment-to-market quality of SE, but I think this is where an individual good analyst can have the upperhand because they can have a more global and long term view. SE is great because it predicts the most probable outcome if more events were of the random-type...
Now my ps3/xbox360 example might not be something you agree with but I'm sure you've seen this too, the case in which one knowledgeable and inspired trader-analyst sees very clearly that a certain stock is overrated/underrated but it's pretty much useless to short/buy it until 3-6 months later when the hype gets lower. For this reason though I love SE and love seeing it more and more quoted, I don't think it will replace a handful of skilled analysts.[ Oracle ] [ Level 20 ] [ Rank: 444 ]bids
1Gaara42 posted on Industry News at 1:46PM PST on December 10, 2007. RE: Pachter: November Game Sales Hit $1 Billionbids
2ixaarii posted on Industry News at 8:09AM PST on December 10, 2007. RE: Pachter: November Game Sales Hit $1 Billion@Just_Ben,
what an awesome article! it even has SE numbers :D thumbs up just_ben![ Oracle ] [ Level 20 ] [ Rank: 444 ]bids
21Just_Ben posted on Industry News at 7:54AM PST on December 10, 2007. Article: Pachter: November Game Sales Hit $1 Billion"We forecast sales of $1 billion, +24% compared to last year’s $804 million,” said Pachter in an investor note ahead of the release of November software sales data by the NPD Group. Hardware forecast: Wii - 950,000 __ Xbox 360 - 750,000 __ PS3 - 420,000 __ PS2 - 485,000 __ PSP - 650,000 __ DS - 1,350,000 __ GBA - 170,000[ Oracle ] [ Level 21 ] [ Rank: 112 ]
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Is the average prediction of Neogaf users good, meaning have they a history ending up close? I would make a lot of money except on Rock Band if they end up like predicted.