Pachtermania: PS3 to Beat 360 in July NPDs

[X51]

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.

[chedabob]

Saw that on Sony Defense Force, was gonna post it.

Epic lulz.

[cyclone87]

I wouldn't be surprised, the PS3 did have a sales spike from the price drop.

[downphoenix]

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.

[webshark]

interesting, so we should see official numbers shortyl

[chedabob]

Has pachter ever actually been correct with his predictions?

[X51]

Originally Posted by chedabob

Has pachter ever actually been correct with his predictions?

Nope......

[PirateThom]

Yet when he said PS3 caused the problems with GTAIV, it was true.

[X51]

Originally Posted by PirateThom

Yet when he said PS3 caused the problems with GTAIV, it was true.

He gets obvious things right

[Azt3k]

I wouldnt be surprised... even with the price drop their sales are teh l4m3.