Analyst: PS3 Kept Momentum Going Through January
December was the best month for the PlayStation 3 yet, selling 1.36 million total units in the US. The question is, can Sony's machine keep this momentum going into the first part of 2010?
Well, according to Sterne Agee analyst Arvind Bhatia, it most certainly will. In speaking to IndustryGamers, Bhatia believes the PS3 "will have the best year-over-year growth in January among all consoles." At the same time, he - like many others we've heard from - expects the Wii to drop significantly; right now, Bhatia says the console "is experiencing meaningful shortages." He says that of all the stores they called in January, only 28% had the Wii in stock although they could be found at 47% of the world's biggest game retailer, GameStop. As for the Xbox 360, Bhatia believes the GameStop promotion (featuring a free $50 gift card) helped the console in January. But perhaps most interesting is the fact that the PS3 will once again boast the biggest year-over-year growth, provided Bhatia's beliefs are accurate. We'll know the facts when the NPD results arrive next week but in the meantime, it's a good sign heading into a February that sees the release of two big PS3 exclusives in the US: White Knight Chronicles and Heavy Rain.
Many believe 2009 was "the year of the PS3" and given the exclusive software on tap for 2010, it seems plausible that we could see a repeat performance this year.
2/2/2010 9:13:12 PM Ben Dutka