Analyst: Game Sales To Drop In Fall
April 22nd, 2008 by Will Prusik in Analyst, Business, News, PlayStation 3According to Robert Higginbotham, one of the many analysts working for Goldman Sachs, a lack of quality titles in the second half of this year is going to see video game sales drop. Wiii Fit and GTAIV are the only ‘killer titles’ set to come out this year supposedly, which is likely to lead to a lack of sales for the industry. Apparently Fallout 3, Fable 2, LittleBigPlanet, Killzone 2, Metal Gear Solid 4, Gears of War 2, Halo Wars, The Force Unleashed and Resident Evil 5 are all going to fail to make a splash. Someone should let the folks at Goldman Sachs know that their analysts would be much more useful if they actually had an involvement in the video game world beyond reading news postings. One can’t help but wonder if these analysts are assuming those games are the only big ones this year just because there’s so much buzz going around them since they’re the next big things to come out.
Tags: Analyst, Business, News, PlayStation 3
April 22nd, 2008 at 12:45 pm
[...] DigitalBattle wrote an interesting post today onHere’s a quick excerpt According to Robert Higginbotham, one of the many analysts working for Goldman Sachs, a lack of quality titles in the second half of this year is going to see video game sales drop. Wiii Fit and GTAIV are the only ‘killer titles’ set to come out this year supposedly, which is likely to lead to a lack of sales for the industry. Apparently Fallout 3, Fable 2, LittleBigPlanet, Killzone 2, Metal Gear Solid 4, Gears of War 2, Halo Wars, The Force Unleashed and Resident Evil 5 are all going to fail t [...]
June 16th, 2008 at 11:30 am
What you seem to fail to recognize is the context within which Higginbotham was speaking. As a stock analyst he is interested in growth and increase in growth and not a repetition of last years results. So when he claims that said up and coming games will fail to make a splash what he’s really trying to say is they will not massively outsell GTA4 and Wii Fit. As for MGS4 this is a case in point; I bought it the day of its release at a local Gamestop in the afternoon without a pre-order and they had a bunch of them in stock still; the same can not be said for my endeavors to obtain a copy of GTA4 the day after its release.