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|9th March 2012, 07:12||#1|
Join Date: May 2010
Weak Video Game Sales Expected?
Analysts are predicting a twenty percent decline in video games sales for February 2012. I guess we'll see if they are right after the report is released later today. Didn't we just hear how PC game sales are way up? Cowen and Co. analyst Doug Creutz expects that February software sales fell 19 percent versus a year ago. The bulk of that decline, he says, will come from the Nintendo Wii, while he expects sales of games for the Xbox 360 and the PlayStation 3 to be "roughly flat." When including an expected 33 percent decline in PC game sales, Creutz forecasts a 20 percent decline in video game software sales.
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