Analysts Forecast Double-Digit Drop In May Software Sales

Ahead of data from research firm NPD Group, games analysts are forecasting year-on-year double-digit declines for the month of May, as last year's Grand Theft Auto IV and Wii Fit make for a tough comparison.

Jesse Divnich with Electronic Entertainment Design and Research (EEDAR) said in a Monday note that he expects software sales to reach $457 million for the month, a 15 percent decrease from a year ago.

He wrote, "The lack of a sales increase was primarily driven by the next-generation home and portable software titles. Unit sales are likely to decrease by 5 percent over last year with a 10 percent decrease in the average selling price (ASP). EEDAR believes the weak retail environment is to blame for the year-over-year decrease in ASPs."

Wedbush and EEDAR expect the following for console sales during May:
(Platform, Wedbush Forecast, EEDAR Forecast):
Wii: 300K, 340K
PS3: 100K, 120K
360: 140K, 150K
PS2: 130K, 111K
PSP: 90K, 100K
DS: 440K, 430K

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