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Old August 18th, 2007, 01:19 PM   #1
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Default Pachtermania: PS3 to Beat 360 in July NPDs

Quote:
Originally Posted by Michael Pachter, Wedbush Morgan
PlayStation 3 sales will be higher than Xbox 360's for the month of July, Wedbush Morgan Securities analyst Michael Pachter said today. In a note to investors, Pachter predicted sales of 160,000 PlayStation 3s and 115,000 Xbox 360s when the NPD results are released next week.

Of course, he also predicted sell-through of 330,000 Wii, more than double PlayStation 3. So it wouldn't exactly be a victory. The bump in predicted sales comes from the fact that the PlayStation 3 pricing adjustments hit in July, the drop in Xbox sales from the early negative publicity resulting from the "red ring of death" warranty issue.


Pachter predicts total industry sales of $425 million, up 13.5% from July 2006.


Discussion ensues.
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Old August 18th, 2007, 01:23 PM   #2
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Saw that on Sony Defense Force, was gonna post it.

Epic lulz.
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Old August 18th, 2007, 01:30 PM   #3
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I wouldn't be surprised, the PS3 did have a sales spike from the price drop.
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Old August 18th, 2007, 04:28 PM   #4
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It'll only last for that month though, 360 sales will be back at #2 on August. And they WILL be #1 in September, b/c of Halo 3, then may (or may not) go back to 2 on October, we'll see.

PS3 will be 3rd in all months after July in 07 though, CONFIRMED.
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Old August 18th, 2007, 04:31 PM   #5
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interesting, so we should see official numbers shortyl
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Old August 18th, 2007, 04:32 PM   #6
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Has pachter ever actually been correct with his predictions?
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Old August 18th, 2007, 04:33 PM   #7
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Quote:
Originally Posted by chedabob View Post
Has pachter ever actually been correct with his predictions?
Nope......
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Old August 18th, 2007, 04:37 PM   #8
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Yet when he said PS3 caused the problems with GTAIV, it was true.
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Old August 18th, 2007, 04:37 PM   #9
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Quote:
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Yet when he said PS3 caused the problems with GTAIV, it was true.
He gets obvious things right
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Old August 18th, 2007, 04:52 PM   #10
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I wouldnt be surprised... even with the price drop their sales are teh l4m3.
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