Analyst on March: software sales up thanks to strong titles

Posted Apr 7, 2008 at 7:03AM EST by QJ Staff

Listed in: Xbox 360, PS3, Wii Tags: Colin Sebastian, Lazard Capital, Lazard Capital Markets

Analyst - Colin Sebastian- March Game Sales to Increase 35% - Image 1

In a few days, the NPD Group is expected to release the video game industry's sales reports for the month of March. You know what that means? It means it's time once again for analysts to give their forecasts and predictions.

This particular forecast comes from analyst Colin Sebastian of Lazard Capital Markets. In a nutshell, Sebastian forecasts sunny skies for the video game industry for the month March, and beyond (basically, the same thing he said for the month of February).

Thanks to successful releases such as Super Smash Bros. Brawl, Army of Two, and Tom Clancy's Rainbow Six Vegas 2, Sebastian believes that software sales will rise about 35%. This number is also helped along by catalog sales of Call of Duty 4: Modern Warfare and Rock Band.

Sebastian also remarks that the current economic state in the US will not affect the video game industry. In fact, strong releases in the following months - like Grand Theft Auto 4, Metal Gear Solid 4: Guns of the Patriots, and Mario Kart - are expected to boost growth.

Via GameDaily BIZ

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Analyst on March: software sales up thanks to strong titles

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