Pachter: PS3 Beat 360 in April

Wedbush estimated April console sales (simExchange predictions):

Wii: 600,000 (734,000)
PS3: 290,000 (363,000)
Xbox 360: 275,000 (381,000)
PS2: 160,000 (n/a)
DS: 550,000 (609,000)
PSP: 235,000 (282,000)

Pachter noted that the US has been receiving around a third of the total monthly Wii units produced (1.8 million) to date, but that the figure is likely to increase from 600,000 to one million units in August and beyond.

"We believe that Nintendo has diverted a significant portion of its available supply to Europe since April 2007, as the weakening dollar has made US sales less profitable for the company... We expect the supply situation will begin to improve over the next several months. We expect a surge in supply in the US for Wii Fit's May 21 launch here, and believe we could see as many as 900,000 Wii units show up at retail this month (May)."

Console and handheld software sales growth during 2008 (+11 percent in January, +47 percent in February, +63 percent in March) is expected to continue, primarily due to "three phenomenal new releases" in Grand Theft Auto IV, Pokemon Mystery Dungeon: Explorers of Time/Darkness and Mario Kart Wii. Pachter predicted monthly software sales of $830 million, up 113 percent on last April's figures, illustrating that, "thus far in 2008, the sector appears highly recession-resistant."

"It is clear that April sales were driven by the highly anticipated new release Grand Theft Auto IV (360, PS3), which we estimate sold 3.3 million units in its first six days in the US.

"We note that there were 31 games that sold over 100,000 units in March, and we expect 20 in April (compared to 9 last year)."

For April, Pachter expects the following publisher revenue results based on retail sales:

· Activision - $70 million, +13 percent year-over-year.

· Atari - $3 million, -4 percent y-o-y

· Electronic Arts - $105 million, +177 percent y-o-y

· Majesco - $4 million, -7 percent y-o-y

· Midway - $4 million, +26 percent y-o-y

· Nintendo - $170 million, +36 percent y-o-y

· Take-Two - $250 million, +1165 percent y-o-y

· THQ - $20 million, +49 percent y-o-y.

"We recommend that investors accumulate Activision, Electronic Arts, Nintendo, THQ, and Ubisoft shares at current levels."

Pachter noted that Wedbush Morgan's forecasts are based upon "a combination of channel checks, company press releases and intuition, with the greatest dependence upon intuition."

Source

Will MS release another Press release the day before NPD talking about all the shortages?

the only people who can claim ownage if this is true are sony stockholders not gamersParadiddleFill

*shrug* Back when Microsoft was owning PS3's sorry ass in sales the cows claimed ownage on that constanty. And remember last month's NPD when PS3 got outsold? Yeah, I do. Poor lemmings got their ass kicked.

Will MS release another Press release the day before NPD talking about all the shortages?

ZIMdoom

I'm suprised they haven't released one already.

Didn't he predict that the PS3 would out sell the 360 in March as well? Look how that turned out.

[QUOTE="ParadiddleFill"]the only people who can claim ownage if this is true are sony stockholders not gamersthrones

*shrug* Back when Microsoft was owning PS3's sorry ass in sales the cows claimed ownage on that constanty. And remember last month's NPD when PS3 got outsold? Yeah, I do. Poor lemmings got their ass kicked.

since COWS claimed ownage when Microsoft was OWNING PS3 (which is sad since ps3 is cows console), i can see cows bombing lemmings with nukes when PS3 outsells 360, i mean look when cows console is getting owned, they use that as pwnage " hey ps3 got outsold by 360 lulz TLHBO" lol but when cows console outsells 360, then hell will break out on lemmings lulz anyways pachter is a cow also GTA on 360 sold the most

The growth of the industry is amazing. 60%? 70%? 113%? Wow. The market is doubling in value every year.

"We believe that Nintendo has diverted a significant portion of its available supply to Europe since April 2007, as the weakening dollar has made US sales less profitable for the company... We expect the supply situation will begin to improve over the next several months. We expect a surge in supply in the US for Wii Fit's May 21 launch here, and believe we could see as many as 900,000 Wii units show up at retail this month (May)."

AmyMizuno

So the careless, and inflationary fiscal policies of George Bush are now affecting my videogames? I can't wait until that moron is gone. I wish I could invent a time machine to take myself one year into the future.

forget the future, id rather go to the past and sieze time and live happily lol

This guy has been off before. So we shall see come Thursday.

I'm predicting 360 > PS3.

This guy has been off before. So we shall see come Thursday.

I'm predicting 360 > PS3.

Truth_Hurts_U

worldwide the ps3 has been winning for ages (monthly not overall) so this is possible.

This guy has been off before. So we shall see come Thursday.

I'm predicting 360 > PS3.

Truth_Hurts_U

I'm predicting Wii >> 360/PS3.

looks like ps3 will catch 360 in 2040 ;)PAL360

The PS3 already overtook the 360 in sales in Europe. Maybe 2040 is closer than you think. ;)

[QUOTE="Truth_Hurts_U"]

This guy has been off before. So we shall see come Thursday.

I'm predicting 360 > PS3.

dotWithShoes

I'm predicting Wii >> 360/PS3.

Im predicting Handhelds >> Wii >> 360/PS3

the only people who can claim ownage if this is true are sony stockholders not gamersParadiddleFill

[QUOTE="ParadiddleFill"]the only people who can claim ownage if this is true are sony stockholders not gamersEltroz

Your wrong also.

The only people who can claim ownage are the ones who can magically play sales.

[QUOTE="thrones"]

[QUOTE="ParadiddleFill"]the only people who can claim ownage if this is true are sony stockholders not gamersmingo123

*shrug* Back when Microsoft was owning PS3's sorry ass in sales the cows claimed ownage on that constanty. And remember last month's NPD when PS3 got outsold? Yeah, I do. Poor lemmings got their ass kicked.

since COWS claimed ownage when Microsoft was OWNING PS3 (which is sad since ps3 is cows console), i can see cows bombing lemmings with nukes when PS3 outsells 360, i mean look when cows console is getting owned, they use that as pwnage " hey ps3 got outsold by 360 lulz TLHBO" lol but when cows console outsells 360, then hell will break out on lemmings lulz anyways pachter is a cow also GTA on 360 sold the most

LULZ no PS3 outsold the 360 in 2007 and 2008 TLHBO also PS3 outselling the 360 on April is not surprising at all.

I'm predicting Wii >> 360/PS3.

dotWithShoes

If both my eyes were blind and my ears deaf, I could have told you that without looking.

He also predicted the PS3 version of GTA 4 would sell more than the X360 version. :o

didn't he say this about last month too?shoeman12

Indeed, I believe he did.

[QUOTE="PAL360"]looks like ps3 will catch 360 in 2040 ;)carljohnson3456

The PS3 already overtook the 360 in sales in Europe. Maybe 2040 is closer than you think. ;)

Honestly, I'm surprised. I thought for sure 360 would win this month and read an article about a week ago saying it was on pace to do so....huh go figureshadow8585

[QUOTE="carljohnson3456"]

[QUOTE="PAL360"]looks like ps3 will catch 360 in 2040 ;)dru26

The PS3 already overtook the 360 in sales in Europe. Maybe 2040 is closer than you think. ;)

Around 5/6 million consoles actually

[QUOTE="dotWithShoes"]

I'm predicting Wii >> 360/PS3.

Truth_Hurts_U

If both my eyes were blind and my ears deaf, I could have told you that without looking.

Would looking make that much difference if you were blind? :P

Handheld electronic video poker sold at gas stations outsold everything on that list. Yay for me I'm cool because I like handheld video poker too and by inference handheld video poker sales translate into an accomplishment for me.

I seriously wish I was the kind of person that could look at other peoples accomplishments and feel better about myself, boy, life sure would be simple then wouldn't it?

[QUOTE="carljohnson3456"]

[QUOTE="PAL360"]looks like ps3 will catch 360 in 2040 ;)dru26

The PS3 already overtook the 360 in sales in Europe. Maybe 2040 is closer than you think. ;)

I wonder how much closer MGS 4 will push it.

Pachter also 'predicted' the Wii would have a hard time outselling the 360 and PS3 in March. The Wii sold nearly twice as many as the two combined.

Pachter found a way to get his name in the press all the time...by talking out of his butt. Thats all he does.

[QUOTE="ParadiddleFill"]the only people who can claim ownage if this is true are sony stockholders not gamersthrones

*shrug* Back when Microsoft was owning PS3's sorry ass in sales the cows claimed ownage on that constanty. And remember last month's NPD when PS3 got outsold? Yeah, I do. Poor lemmings got their ass kicked.

"We believe that Nintendo has diverted a significant portion of its available supply to Europe since April 2007, as the weakening dollar has made US sales less profitable for the company... We expect the supply situation will begin to improve over the next several months. We expect a surge in supply in the US for Wii Fit's May 21 launch here, and believe we could see as many as 900,000 Wii units show up at retail this month (May)."

AmyMizuno

So the careless, and inflationary fiscal policies of George Bush are now affecting my videogames? I can't wait until that moron is gone. I wish I could invent a time machine to take myself one year into the future.

because one man has EVERYTHING to do with it.... :roll:

Ever heard of a balance of power? The Congress has as much to do with it as him. Heck, the Democrats have as much to do with it as him... They have the majority of Congress now but nothing appears to have changed...

Also, the economy doesn't flip on a switch... The national economy doesn't just bomb in a 4 year period... No, national economic trends now are a result of things that happened 8-10 years ago... Sure, the war isn't helping but we would have been in an economic slump even if Bush sat on his *** in office doing absolutely nothing like Clinton did. Hate Bush all you want but our last president wasn't any better... And our next president probably won't be any better either...

No, I am not a Republic, I just hate the fact that the media has brainwashed everyone into thinking it is all Bush's fault... Because it isn't. Everyone is to blame for this but to the biased democratic news sources that doesn't matter. Making everyone hate the president means better ratings for them because nobody likes when things are going right... Also, I am not implying that Fox is any better in blindly following the Republicans.

Anyway, end rant.

On topic, I think that Pachter is underestimating the effect of GTA4 on sales, even with just 2 days in April after it released. I think the Sim Exchange numbers are likely more accurate.

[QUOTE="dru26"][QUOTE="carljohnson3456"]

[QUOTE="PAL360"]looks like ps3 will catch 360 in 2040 ;)thrones

The PS3 already overtook the 360 in sales in Europe. Maybe 2040 is closer than you think. ;)

Around 5/6 million consoles actually

it was recently confirmed by microsoft 19 million 360's have been sold and 11-12 million ps3's have been sold so actually 7-8 million.

[QUOTE="thrones"]

[QUOTE="ParadiddleFill"]the only people who can claim ownage if this is true are sony stockholders not gamerskillab2oo5

*shrug* Back when Microsoft was owning PS3's sorry ass in sales the cows claimed ownage on that constanty. And remember last month's NPD when PS3 got outsold? Yeah, I do. Poor lemmings got their ass kicked.

I switched fanboy names around! :D

[QUOTE="thrones"][QUOTE="dru26"][QUOTE="carljohnson3456"]

[QUOTE="PAL360"]looks like ps3 will catch 360 in 2040 ;)shoeman12

The PS3 already overtook the 360 in sales in Europe. Maybe 2040 is closer than you think. ;)

Around 5/6 million consoles actually

it was recently confirmed by microsoft 19 million 360's have been sold and 11-12 million ps3's have been sold so actually 7-8 million.

Links?

[QUOTE="carljohnson3456"]

[QUOTE="PAL360"]looks like ps3 will catch 360 in 2040 ;)dru26

The PS3 already overtook the 360 in sales in Europe. Maybe 2040 is closer than you think. ;)

MS pr said just a few days ago its lead is 5 million world wide:)

At the end of 2k7 360 had a 7.2 million lead,CLEARLY PS3 is coming back fast.

[QUOTE="dru26"][QUOTE="carljohnson3456"]

[QUOTE="PAL360"]looks like ps3 will catch 360 in 2040 ;)killzowned24

The PS3 already overtook the 360 in sales in Europe. Maybe 2040 is closer than you think. ;)

MS pr said just a few days ago its lead is 5 million world wide:)

At the end of 2k7 360 had a 7.2 million lead,CLEARLY PS3 is coming back fast.

Not fast. A slow trudge, but not fast.