Analyst Michael Pachter believes that the PlayStation 3, thanks to price snips, has managed to outdo the Xbox 360 and Wii last month in the US. PS3 shifted "410,000" he says.
Compared to Xbox 360's 350k and Wii's 390k in September. Pachter now "forecast sales" of $750 million this year, up 21 percent over 08's $618 million. Double digit growth is back.
"We estimate sell-through of 390,000 Wii hardware units (down 45% from last year), 350,000 Xbox 360 (up 1% from last year), and 410,000 PS3 consoles (up 76% year-over-year) as the price cuts for all three consoles spurred demand," noted the Wedbush Morgan analyst.
The NPD release their official US retail figures next week on Thursday, so we'll get to see how accurate the Michael Pachter crystal ball is. "We forecast sales of $750 million, up 21% compared to last year’s $618 million," he put in his note, regarding hardware sales.
It's no secret that the last six months have been pretty crap for platform holders trying to peddle their consoles to us economically challenged consumers.