Analyst Predicts 2008 Game Sales At $10bn
February 5th, 2008 by James Hyde in Analyst, Articles, Business, Featured story, News
Last year, revenues from game sales hit a record $8.6 billion, according to the NPD group. One analyst thinks it can get even better; Janco Partners’ Mike Hickey thinks that the industry can see $10 billion in game sales in 2008, saying that the PS3 would see the biggest growth in 2008, followed by the Wii and PSP, with the Xbox finishing up the race.2007 was a remarkable year, mainly because of the great year for Nintendo, as the Wii and DS games flew off the shelves, and then you have the holiday season, which was the biggest in history, with Halo 3, Call of Duty 4, Orange Box, and a ton of other games. It’ll be pretty hard for 08 to beat that, even with Super Smash Bros. Brawl, Gran Turismo and MGS4 in the lineup.
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