|Expected Xbox 360 Sales During Holiday SeasonPublished by patto on Sunday, November 05, 2006
As part of his preview for October's U.S. NPD video game sales, which debut next Thursday, Wedbush Morgan's Michael Pachter has forecast overall revenues to be up 10% to $401 million, as the console transition continues to run smooth.
Specifically, Wedbush detailed: "We expect October sales of $401 million (up 10% compared to October 2005’s $365 million). Our estimate reflects a decline of $94 million in current generation software sales (PS2, Xbox, GameCube, GBA), more than offset by an increase of $130 million in next generation software sales (Xbox 360, PSP and DS). Overall, we expect next generation software sales of $173 million and current-generation software sales of $228 million."
Pachter revealed that he expects October sales to be driven by new releases Vivendi’s Scarface: The World is Yours (PS2, Xbox, PSP, PC), Midway’s Mortal Kombat: Armageddon (PS2, Xbox), and Ubisoft’s Splinter Cell Double Agent (360, PS2, Xbox, GC, PC) along with continued strong sales of LucasArts’ Lego Star Wars II: The Original Trilogy and Nintendo’s Pokemon Mystery Dungeon.
The analyst noted that, due to the timing of the NPD retail calendar, three major October releases (Take-Two’s GTA: Vice City Stories (PSP), Square Enix’s Final Fantasy XII (PS2), and Electronic Arts’ Need for Speed Carbon (360, PS2, Xbox, PC, PSP, GBA, DS, GC), will fall outside the NPD October reporting month (October 1 – October 28). Thus, it was commented: "We believe that this will limit growth this month, but should drive significant growth next month."
Also mentioned and predicted: 15 games sold over 100,000 units in September, and "we expect 11 in October (compared to eight last year)." The report continues: "We believe that the recent sales strength on current generation platforms is sustainable, given strong sell-through performance for four consecutive months and negative comparisons for the next six months. Consumers appear willing to purchase compelling content for current generation consoles in spite of the imminent launches of the PS3 and Wii, driving monthly sales higher."
Through September, NPD data shows that Xbox 360 hardware sales in the U.S. were 2.7 million units. Wedbush expects monthly sales of 250,000 units in October, 750,000 million units in November, and between 1.5 – 2 million units in December. Wedbush comments: "Sell through of Xbox 360 hardware could be higher if the supply situation for the PS3 falls well short of demand, with many holiday gift givers likely substituting purchases of the 360 in place of the PS3."
It's also explained that the U.S. hardware installed base currently stands at 14 million next generation consoles (including handhelds) as of the end of September 2006 (up from 8 million at year end 2005).
Wedbush notes: "The console transition got off to a rocky start, with negative year-over-year sales for seven months (September 2005 through March 2006), as consumers delayed purchases of current generation software pending further clarity into the launch timing and pricing for the next generation consoles. Sales rebounded strongly over the next six months (up an average of 13%), as consumers appear content with current generation games due to anticipated shortages of the PS3 and Wii this holiday. We expect the transition to be quite mild over the balance of the year, with positive sales trends through March 2007."
The report concludes: "We continue to expect the publishers to deliver solid results through March, and think that the publisher stocks will stay at current prices once Sony and Nintendo launch their respective next generation consoles. Investor euphoria has returned as we approach the launch of the Wii and PS3, and we believe that hardware sell-outs and robust software sales in November and December will reinforce that the industry is on solid footing."
( Subscribe via
Tuesday, June 18
| PlayStation 5: Expert gives hope for low pric|
Monday, June 10
| Battlefield 5 'Defying The Odds' DLC Launches|
| How Xbox online games make students more acti|
| Call of Duty Modern Warfare 2019 Arrives Octo|
| Top Xbox games mostly played by students|
Friday, June 07
| Xbox Games With Gold For June 2019|
Thursday, June 06
| GRID Announced for Xbox One, PS4 and Windows |
Wednesday, June 05
| Bloodstained Ritual Of The Night Xbox Digital|
Tuesday, June 04
| Ghostbusters HD Remaster Announced for Xbox O|
Monday, June 03
| 'Layers of Fear 2' is out now on Xbox|
Thursday, May 30
| F1 2019 launches June 28th on Xbox One, PlayS|
Monday, May 27
| Project xCloud - More For Gamers And Develope|
Friday, May 24
| MotoGP 19 digital pre-order now available for|
Thursday, May 23
| Monster Hunter World Iceborne DLC Releases in|
Wednesday, May 22
| Xbox Going Big with Halo Infinite at E3 2019|
Friday, May 17
| LEGO DC Super-Villains: Young Justice DLC Is |
| Dragonďż˝s Lair Trilogy Xbox Digital Pre-orde|
Thursday, May 16
| The Ten best browser games in the world|
Wednesday, May 15
| Ghost Recon Breakpoint Release Date and Digit|
Saturday, May 11
| War Thunder announces upcoming release of the|
Tuesday, May 07
| Venom's multiformat arcade fight stick is ava|
Monday, May 06
| Xbox Teams up with Eleague for Gears 5 eSport|
Wednesday, May 01
| Madden NFL 20 Digital Pre-order Available Now|
Monday, April 29
| Xbox Games With Gold For May 2018|
Thursday, April 25
| Xbox Free Play Days: Gears Of War 4 And The C|
Monday, April 22
| Remnant From The Ashes Release Date For Xbox |
Friday, April 19
| STAR WARS Jedi: Fallen Order coming in May; D|
Thursday, April 18
| Disc-less Xbox One S All-Digital Edition comi|
Wednesday, April 17
| World Of Warships Out Now: Download It For Fr|
Tuesday, April 09
| Truck Driver goes Free-to-Play with in-game m|
See All Xbox 360 News | Xbox 360 News Archive