Analyst: Guitar Hero series to sell 7.5M in '07, two expansions coming
Wedbush Morgan Securities' Michael Pachter estimates the runaway hit of a rhythm game will put $550 million in Activision's coffers this fiscal year.
When Activision acquired RedOctane in 2006, many wondered if the Guitar Hero publisher's near-$100 million price tag was exorbitant. Those doubts were amplified when the game's developer, Harmonix, was itself purchased by Viacom subdivision MTV Games--a union that would lead to the birth of critical hit Rock Band.
However, as repeated NPD reports have shown, Activision has enjoyed a massive return on its investment in the Guitar Hero franchise. How big, exactly? Wedbush Morgan Securities analyst Michael Pachter thinks he has an idea. Following Activision's upward revision of its earning estimates this morning, Pachter issued a note in which he put a figure on the Guitar Hero franchise's sales for the publisher's current fiscal year, which ends March 31, 2008.
"We believe that this year's Guitar Hero sales reflect around 6 million units of bundles and 1.5 million units of disc-only sales, comprising around $550 million in total sales," said Pachter in a note. The figure includes all games in the series, including the recently released Guitar Hero III: Legends of Rock (PC, Wii, Macintosh, Xbox 360, PlayStation 2, and PlayStation 3).
Pachter went on to predict that the Guitar Hero juggernaut will be only slightly slowed during Activision's 2009 fiscal year. By then, the company will likely have started selling wireless Guitar Hero controllers a la carte.
"Our forecast presumes that year-over-year total unit sales will decline from 7.5 million to 6.3 million," surmised the analyst. "In order to deliver $410 million in sales next year, the company must sell approximately 3 million units of disc-only (around $145 million), plus 3.3 million units of bundles. Given our expectations for significantly higher download revenue and two expansion discs, we think these figures are easily achievable." (Emphasis added.) Pachter did not venture a guess as to what said expansions would be.
Subscribe to GameSpot's YouTube Channel
Hot Stories
Newsmakers
-
Mortal Kombat developer to diversify in 2012
NetherRealm creative director Ed Boon says there's an "assumption" another Mortal Kombat game to come, but wants to work on new IPs on multiple formats, genres. Full Story
- Posted Jan 30, 2012 8:17 am PT
- 59 Comments
Featured Stories
-
Star Wars: The Old Republic denounced for gay relationships
Family Research Council says BioWare has "gone to the dark side" with promise to include same-gender romance in MMO game. Full Story
- Posted Jan 30, 2012 10:46 am PT
- 491 Comments
-
No new Xbox in 2012 - Microsoft
Company's French marketing manager says Microsoft not ready to roll out new console this year, won't compete with Nintendo and the Wii U. Full Story
- Posted Jan 30, 2012 9:51 am PT
- 352 Comments
-
Kingdoms of Amalur: Reckoning online pass unlocks seven quests
New copies of 38 Studios' fantasy RPG come bundled with code to download House of Valor faction questline; studio says it was "always intended" to be DLC. Full Story
- Posted Jan 27, 2012 2:53 pm PT
- 345 Comments
-
Sony sweetens PS Vita 3G deal
$300 version of new handheld will now include free 8GB memory stick, PSN game, AT&T 3G data plan access; $350 First Edition preorders to receive just the PSN game and data plan. Full Story
- Posted Jan 27, 2012 2:24 pm PT
- 242 Comments
-
Nintendo considering new name for Wii U - Report
Underwhelming reaction and concerns of customer confusion supposedly have the Mario maker weighing its options for a rebranding before this year's E3. Full Story
- Posted Jan 27, 2012 11:12 am PT
- 505 Comments
Related Game
Guitar Hero III: Legends of Rock
Follow for the latest news, videos, & tips from experts & insiders
- Publisher(s): RedOctane
- Developer(s): Neversoft Entertainment
- Genre: Puzzle
- Release: Jun 1, 2007 (US)






vass86 posted Nov 28, 2007 12:07 pm GMT (does not meet display criteria. sign in to show)
Nekimoto posted Nov 28, 2007 10:35 am GMT (does not meet display criteria. sign in to show)