Pachter: Wii Outsold PS3 and Xbox 360 Combined in April
Pachter: Wii Outsold PS3 and Xbox 360 Combined in April Wedbush analyst Michael Pachter is predicting a huge software sales spike for April and big Wii sales once again. He also thinks PS3 edged out 360 for the month.
Posted by James Brightman on Monday, May 12, 2008
With the April NPD video game sales data expected this Thursday, Wedbush Morgan analyst Michael Pachter has issued his usual preview note. He expects a whopping 113 percent jump in software sales to $830 million thanks in large part to three big hits: Grand Theft Auto IV, Pokemon Mystery Dungeon: Explorers of Time/Darkness and Mario Kart Wii. He also expects "continued strength" from Super Smash Bros. Brawl, Wii Play, Guitar Hero III, and Rock Band.
On the hardware front, Pachter has forecast 600,000 units sold for Wii, 275,000 for Xbox 360 and 290,000 for PS3. This compares to prediction market simExchange's numbers of 734,000 for Wii, 381,000 for Xbox 360 and 363,000 for PS3. Pachter also forecasts 550,000 units sold for DS, 235,000 for PSP, and 160,000 for PS2. Pachter said his forecasts "reflect our belief that supplies for Wii and DS hardware improved during the month."
Pachter did acknowledge that April "has been among the hardest [months] we have had to forecast." He continued, "In addition to the ever-changing Wii supply situation, we are faced with the launches of three phenomenal sellers in April. We estimate that Take-Two's Grand Theft Auto IV sold 3.3 million units in its first six days in the U.S. (total sales of $210 million), and that Nintendo's Pokemon Mystery Dungeon and Mario Kart Wii each sold 1.25 million units (total sales of around $110 million). Since April 2007, Nintendo has manufactured 1.8 million Wiis per month, shipping an average of only 600,000 per month to the U.S. The company announced its intention to ship 25 million Wiis this fiscal year, implying its intent to increase production to 2.4 million in July. Because the U.S. has received only around 1/3 of total Wii production to-date, instead of a more normal 40%, there has been a severe shortage of Wii supply here that has as yet to let up. We believe that U.S. supply should have been somewhere between 720,000 – 900,000 units per month (40 – 50% of total units produced), and expect supply to grow to over 1 million per month in August and beyond."
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Quote:
Originally Posted by blackdelsol94
Thats sweet why dont we get them??
Quote:
Originally Posted by Kabooki
Because they are trying to make us AMERICANS jealous since we ROCK!
Mods: JDM H22a Swap, Greddy SS Header, Greddy SP Cat Back, Car Sound highflow Cat, Skunk2 Cam gears (tuned), Light weight Flywheel, AEM CAI and Short Ram (I switch for different things). ON THE WAY: JUN Valve Train, Jun High Comp Pistons and JUN Flywheel
He's certainly correct with his Wii predictions, though I think he should flip his PS3 / 360 numbers.
I'm curious as to why he keeps predicting the PS3 will outsell the 360 every month? The only reason it happened earlier this year was due to shortages...
__________________
Quote:
Originally Posted by blackdelsol94
Thats sweet why dont we get them??
Quote:
Originally Posted by Kabooki
Because they are trying to make us AMERICANS jealous since we ROCK!
Mods: JDM H22a Swap, Greddy SS Header, Greddy SP Cat Back, Car Sound highflow Cat, Skunk2 Cam gears (tuned), Light weight Flywheel, AEM CAI and Short Ram (I switch for different things). ON THE WAY: JUN Valve Train, Jun High Comp Pistons and JUN Flywheel
Quote:
Originally Posted by blackdelsol94
I'm curious as to why he keeps predicting the PS3 will outsell the 360 every month? The only reason it happened earlier this year was due to shortages...
Even without shortages, I don't think it would have outsold the PS3.
I think the main reason he keeps predicitng it will sell more than the 360 is probably because he's thinking GTA / MGS4 will push consoles. I expect May to be another close month, and June to be completely PS3.
Even without shortages, I don't think it would have outsold the PS3.
I think the main reason he keeps predicitng it will sell more than the 360 is probably because he's thinking GTA / MGS4 will push consoles. I expect May to be another close month, and June to be completely PS3.
Well don't current reports show that the 360 version of GTA IV sold more than the PS3 version? Although I suppose that does not necessarily equate to more console sales when you take user base into account...
__________________
Quote:
Originally Posted by blackdelsol94
Thats sweet why dont we get them??
Quote:
Originally Posted by Kabooki
Because they are trying to make us AMERICANS jealous since we ROCK!
Mods: JDM H22a Swap, Greddy SS Header, Greddy SP Cat Back, Car Sound highflow Cat, Skunk2 Cam gears (tuned), Light weight Flywheel, AEM CAI and Short Ram (I switch for different things). ON THE WAY: JUN Valve Train, Jun High Comp Pistons and JUN Flywheel
Well, the percentage split was roughly 60/40 world wide IIRC. Considering the gap in user base between the two (somewhere around 5 million consoles or so?) That's pretty good for the PS3 to hang in there like that. In the USA, it was pretty close to being 2/1 though.
Mods: JDM H22a Swap, Greddy SS Header, Greddy SP Cat Back, Car Sound highflow Cat, Skunk2 Cam gears (tuned), Light weight Flywheel, AEM CAI and Short Ram (I switch for different things). ON THE WAY: JUN Valve Train, Jun High Comp Pistons and JUN Flywheel
The majority of the folks who WANT GTA IV...already own Next Gen hardware.
It's going to be the new IP's that bring in new hardware sales, in my opinion.
That, and things like Singstar, SceneIt, Rock Band, Buzz, and even titles like LittleBigPlanet and Banjo Threeie...those are also going to move hardware.
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