Pachter predicts primarily PS3 posting profits for GameStop in 2008

If you love guessing games as much as we do, can we recommend the title Analyst Butt Number Awesome Pull Fun Time Special Vol. 1? Michael Pachter, voice of Wedbush Morgan Securities analysts, has come out with another estimate of positive proportions for both Sony and GameStop, resulting from the $399 PS3 SKU. In addition to Halo 3 sales bolstering GameStop's bottom like, Pachter says the new PS3 is expecting to pull in a "20% comp in the January 2008 quarter ..." and the new PS3 "should drive a significant amount of traffic GameStop's way this holiday."

Spreading his cards out into April of 2008, Pachter sites big-hitter titles like FFXIII and LittleBigPlanet will assist in continued profits throughout 2008. Interestingly, Pachter is only citing Sony-based material for these continued profits after mentioning a possible 360 price cut to counter the rumored PS2 price cut. It's interesting, as each console has some pretty big titles landing in 2008, but for many gamers, eyes are on the PS3 to deliver a monolithic smattering of quality games.

Tags: michael-pachter

Reader Comments (Page 1 of 1)

Featured Galleries (view all)

BUZZ! Junior: Monsters
BlazBlue
SOCOM Confrontation: Cold Front
Mimana Iyar Chronicles
Gran Turismo 5 (Ferrari & Lamborghini)
NARUTO SHIPPUDEN: Legends: Akatsuki Rising
White Knight Chronicles (Gamescom)
R-Type Tactics II: Operation Bitter Chocolate
NBA 10 The Inside (PSP)

Team Joystiq

Chris Grant

Editor-in-Chief

RSS Feed

James Ransom-Wiley

Managing Editor

RSS Feed

Ludwig Kietzmann

Senior Editor

RSS Feed

Andrew Yoon

East Coast Editor

RSS Feed

Randy Nelson

West Coast Editor

RSS Feed

Justin McElroy

Reviews Editor

RSS Feed

Alexander Sliwinski

Contributing Editor

RSS Feed

Ben Gilbert

Contributing Editor

RSS Feed

David Hinkle

Contributing Editor

RSS Feed

Griffin McElroy

Contributing Editor

RSS Feed

JC Fletcher

Contributing Editor

RSS Feed

Kevin Kelly

Contributing Editor

RSS Feed

Mike Schramm

Contributing Editor

RSS Feed

Richard Mitchell

Contributing Editor

RSS Feed

Xav De Matos

Contributing Editor

RSS Feed

About Joystiq

Joystiq Features




Autoblog

DailyFinance

Download Squad

Engadget

Massively

Asylum

WoW

Engadget HD

Big Download