NPD: Analysts expect over 20% software growth for August

GamesIndustry.Biz writes: "Wedbush Morgan's Michael Pachter and Jesse Divnich of EEDAR have both released their analyst predictions for August's NPD results, which are due to be released on Thursday this week.

Both analysts believe that the year-on-year growth in software sales will be in the region of 22 per cent, with hardware sales once again dominated by the Nintendo Wii and DS consoles."

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TheHater3744d ago (Edited 3744d ago )

I stop reading right there
I can't believe analyst get paid to predict such obvious things. With the Release of Madden XX, of course one will expect Software sales to increase a lot from the previous month

Raoh3744d ago (Edited 3744d ago )

i have to say that we are misunderstanding him. Pachter's analysis's are not meant for us the gamer. We have a different view on the gaming industry. and obviously a more personal attachment.

Pachter works for Wedbush Morgan Securities. A financial investment firm. His predictions are geared toward investors. he is not trying to sell games or consoles. he is trying to attract investors that will invest through his company.

not only should we take what he says with a grain of salt but also we as gamers should not take it personal.. Pachter is just taking a more direct approach at reaching out to future investors and possibly direct market toward his investors best interests.

Dyingduck3744d ago

...while the recent price cut of Xbox consoles may have affected August sales slightly.

Dumb, desperate M$

Poor Xbots stuck with dumb, desperate M$