Analysts Bullish On EA, THQ, Activision

Ahead of Electronic Arts, Activision, THQ and Midway's quarterly reports, Lazard's Colin Sebastian and Wedbush Morgan's Micheal Pachter have forecasted strong results, with Pachter, "more bullish ever about Activision," but cautious on Midway's return to profitability.

Looking at the industry as a whole, Sabastien says "overall video game industry growth remains healthy through mid 2007(+24% software sales year to date), and our channel checks indicate that sales trends remain strong into July," but warns that with strength most evident on Nintendo platforms(DS and Wii), we note that not all publishers are benefiting equally.

Read Full Story >>
The story is too old to be commented.