Pachter predicts 'solid' holiday for GameStop, industry sales 'rebound' in 2010
In a recent sales projection sent to Joystiq centering around GameStop, everyone's favorite games analyst, Michael Pachter, offered some viewpoints on December sales for GameStop, taking care to also paint his own portrait on industry sales as a whole for 2010. He points to Modern Warfare 2 and hardware sales (thanks, price drops!) as top earners for GameStop.
Pachter is hopeful for 2010, expecting a full-on rebound in game sales starting January. He points to the great exodus of fourth quarter 2009 as a factor behind the increased game sales, with first quarter releases of Bioshock 2, Splinter Cell: Conviction and Army of Two: The 40th Day mentioned as expected top earners. He says this uptick in sales will benefit GameStop, which he surmises will have about 30 percent share of the software market in January -- something that will insulate against what he expects to be a year of gradual decline in Wii hardware sales.
