US video game sales up 50 percent, says analyst
Wedbush Morgan Securities analyst Michael Pachter has forecasted that US video game sales will have jumped 47 percent year on year from March 2007 to March 2008 to $850 million USD.
More official NPD Group data will be available later this week, but Patcher also reported that the PlayStation 3 will have outsold the Xbox 360 but that both combined were outsold by the ever popular Nintendo Wii. He estimated the Wii sold 700,000 consoles for the month.
More interestingly, Patcher also reported that he belives “Nintendo is now diverting a significant portion of its supply to Europe due to the weakening dollar, but that the company did ship the US its “fair share” in March to support the launch of Super Smash Bros. Brawl.”
For April, Patcher feels sales will be just as high, fueled by titles such as “Army of Two” and “Tom Clancy’s Rainbow Six Vegas 2.”
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