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Analysts pessimistic on early 2011 game sales
Analysts pessimistic on early 2011 game sales
sinclair - January 14, 2011
Submitted by apprentice (704) at 8:25AM PST on January 16, 2011
Pacific Crest's Wilson and Wedbush's Pachter caution investors that first months of the new year could show the same sort of declines common throughout 2010; price cuts, 3DS could spark turnaround.
Yesterday, the industry-tracking NPD Group reported overall US retail game sales slipped 6 percent in 2010. Today, analysts are saying to expect more of the same to start 2011.
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