A lot of People canīt buy games right now because they keep increasing their damn prices, I predict if the prices of every games was reduced to half there would be a 200% increase on People buying Games. Whoever Gaming Industries increase the price in order to get the ammount of money they actually want without having many buyers. I hope Gaming Industries suffer a lot and rethink on what they are actually doing, because they are acting like children trying to achieve the means to get what they want from Us.
Analyst expects 20% game sales slide in June
Pacific Crest Securities' Evan Wilson expects Fight Night Round 4 to break 1 million in disappointing month, says recession may be hitting games harder than previously thought.
While year-over-year US retail software sales have been down sharply in recent months, analysts have expressed only mild concern, saying the problem is not this year's crop of titles, but last year's. The idea is that sales have been down not because the industry is softening, but because it's having to compete against a first half of 2008 that saw mega-blockbuster releases like Grand Theft Auto 4, Mario Kart Wii, and Super Smash Bros. Brawl.
With the industry-tracking NPD Group set to release its sales for June 2009 next week, one analyst is starting to rethink that notion. Pacific Crest Securities' Evan Wilson sent an NPD preview note to investors this week in which he estimated software sales for the month to be down 20 percent year-over-year to $700 million.
"Our most recent checks have indicated that the relative health that we have seen may not have continued into June," Wilson said. "Our contacts indicate that sales in the important 'school's out' period, especially in the last two weeks of June, were disappointing and represented a deviation in the early-year trend. While it is too early to call a long-term trend, we have taken a more conservative view of new and catalog products in our June NPD forecast. If the data back up our checks, it may be time to reassess the degree to which videogames really are 'recession proof.'"
While tough comparisons against last year's slate of titles have been blamed for prior months' decreases, Wilson blamed his projected June slowdown on sluggish reception for some of the month's biggest releases and slipping consumer confidence. Of the games to debut during the month, Wilson pegged Fight Night Round 4, Prototype, Tiger Woods PGA Tour 10, and Ghostbusters as the biggest of the bunch. The analyst estimated sales of 1.1 million for Fight Night across platforms, with Prototype not too far behind at 750,000.
"Prototype started well, especially in competition with Infamous," Wilson said, "but neither game appears to have much of a tail."
Hot Stories
Newsmakers
-
Xbox One has preowned fee - Report
Microsoft confirms all discs must be installed to HDD to play; secondhand owners required to pay an unspecified fee. Full Story
- Posted May 21, 2013 11:44 am PT
-
Xbox One will launch this year
Microsoft formally announces Xbox 360 successor during media event; will support live TV and Skype; features 500GB hard drive, 8GB RAM, Blu-ray drive; 64-bit architecture. Full Story
- Posted May 21, 2013 10:09 am PT
Featured Stories
-
The Simpsons writer signs on for Angry Birds movie
Emmy-winning writer Jon Vitti, who penned "Mr. Plow" episode of The Simpsons, working on 2016 film based on Rovio's game. Full Story
- Posted May 20, 2013 12:23 pm PT
-
Grand Theft Auto V premium bundles revealed
$150 Collector's Edition includes money bag, snapback hat, blueprint map, artwork, and various in-game items and bonuses; all preorders receive access to pilot atomic blimp vehicle. Full Story
- Posted May 23, 2013 5:44 am PT
-
Atari to sell RollerCoaster Tycoon, Test Drive franchises at auction
Bankrupt publisher hoping to bring in at least $22 million from upcoming asset auctions. Full Story
- Posted May 23, 2013 9:43 am PT
-
38 Studios court case begins
Arguments in legal battle between defunct Amalur developer and Rhode Island presented in court today; state claims it has "avalanche" of evidence against 38 Studios. Full Story
- Posted May 22, 2013 1:51 pm PT
-
Katie Couric acknowledges one-sided violent video games report
Network journalist acknowledges one-sided violent video game report; invitations to Bungie and the Entertainment Software Association were declined. Full Story
- Posted May 20, 2013 10:45 pm PT






