News

January Game Sales Numbers Bit of a Glitch: Experts

| 12 Feb 2008 14:10

An Oregon-based investment firm has predicted that January game sales will be down 5 percent compared to January of last year because of a change in the reporting period.

Pacific Crest Securities analyst Evan Wilson said one force behind the decline is that the reported period for this January is 20 percent, or one week, shorter than last January. He estimates that if an accurate comparison was made, January of 2008 would actually see a growth of greater than 10 percent.

Michael Patcher of Wedbush Morgan Securities concurred, predicting a 9 percent fall that he said would otherwise have been a 14 percent improvement.

Sim Exchange analyst Jesse Divnich placed that figure as high as 18 percent.

Another factor was a lighter software schedule that does not compare favorably with early 2007.

Source: Gamespot.com

Related to:
RELATED CONTENT
Comments on