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Analysts Anticipate 'Rebound' In October Results

Gamasutra:

"After last month's NPD showed the games biz down six percent, the first decline in over a year, analysts are expecting much better performance for October.

Industry watchers anticipate a "rebound" to the tune of 20-25 percent growth. If true, it could come as a game changer to the biz, as recent hesitance from retailers and investors alike has awaited October's sales results as a barometer of industry health in an economic downturn .

"We note that the release slate in October was significantly better than last year's," says Wedbush Morgan's Michael Pachter, not surprisingly listing Guitar Hero World Tour, Rock Band 2, Fable 2, Far Cry 2, LittleBigPlanet, Fallout 3 and Saints Row 2 as the major hits. Pachter anticipates about $620 million growth overall for software sales."

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