PS3 News: Pachter: PS3 To Close Gap In 2008 - PS3 News

Members Login: Register | Why sign up? | Forgot Password?

Pachter: PS3 To Close Gap In 2008

If you've been reading the news at any point in 2008, you know the PlayStation 3 has been rapidly gaining momentum while the Xbox 360 has, at best, remained steady. But Wedbush Morgan Securities' Michael Pachter believes the 360 sales aren't "steady," but slowing down, and the PS3's momentum will make the console race much closer by year's end.

According to the Videogaming247 blog, Pachter predicted the sales figures for both the PS3 and 360 in 2008-

“We expect Sony to have an installed base of 16.3 million PS3s by year end, and Microsoft to have an installed base of 21.3 million Xbox 360s (both figures are U.S. and Europe only, not counting Japan),” he said.

Over the Easter break, both consoles enjoyed a huge sales spike in the US (360 sales went up 78% and PS3 sales went up 73%), and the recent price cut for Microsoft's system in the UK has certainly helped their cause across the pond. But even with that price cut, the PS3 "ably matched" the 360 in that region and continues to gain in the US, which is why many analysts have predicted a 360 price drop in this country, too. Sony has always been aiming for about 11 million PS3s sold worldwide by March, although we don't have those numbers yet, and the last confirmed global total for the 360 was 17.7 million in January.

The first half of 2007 was tough for the PS3; it had nothing but negative press. On the flip side, many are calling 2008 the "year of the PS3." ...the more we see, the more we're inclined to believe that.

4/4/2008 Ben Dutka

Put this on your webpage or blog:
Email this to a friend
Follow PSX Extreme on Twitter

Share on Twitter Share on Facebook Share on Google Share on MySpace Share on Delicious Share on Digg Share on Google Buzz Share via E-Mail Share via Tumblr Share via Posterous

New Comment System

Legacy Comment System (1 post)

Friday, April 04, 2008 @ 11:57:32 AM

pachter is always so impressively accurate.
not going to stop believing now.
08 will be great tho,
i would love to see his prodiction for the psp,that would be interesting.

Agree with this comment 0 up, 0 down Disagree with this comment

Leave a Comment

Please login or register to leave a comment.

Our Poll

How often do you visit the site?
Once a day
Several times a day
Every few days
Once a week
This is my first visit
I've never been here, even now I am not here

Previous Poll Results