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Supplemental
Investment information for the Galloping Ghost Productions
games
Dark Presence and Conquering Light
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Galloping Ghost Productions
Supplemental Data Packet
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Taken from
GAMASUTRA
February 21, 2007
U.S.
January Game Sales Up 53%, Wii Outsells PS3
As
widely expected, sales of the Wii console in the U.S. during
January have exceeded both the PlayStation 3 and Xbox 360 as a
result of continued high demand following the console’s launch
last year and an improving stock situation.
According to analyst reports, console software sales for January
were $549 million, up 53% compared to 2006. Wedbush Morgan's
Michael Pachter noted of this impressive result: "It is
important to note that January 2007 was a five-week period,
compared to a four-week January last year. On a "normalized"
basis, sales were up an estimated 22%."
January's overall game sales were led by Capcom's Lost Planet
for the Xbox 360, which sold 329,000 units for the month. This
was followed by Guitar Hero 2 for PlayStation 2 which
sold 224,000, Gears of War, which sold through 212,000
units, Warioware: Smooth Moves for Wii at 201,000 units,
and Resistance: Fall Of Man for PlayStation 3 at 188,000
units.
Colin Sebastian of Lazard Capital Markets commented, in his
analyst note on the results: "As expected, sales of Xbox 360 and
DS software titles were key drivers of the increase, along with
the incremental contribution from PS3 and Wii titles, a rise in
older generation PS2 software, as well as an extra week of sales
in the data this year."
According to Wedbush Morgan's Pachter, there were much higher
sales of next generation console and handheld (360, Wii, PS3, DS
and PSP) software than expected. He noted: "Current generation
software sales were -7% (down $16 million), less than our
expectation of -12%, with a 16% increase in PS2 software sales
much greater than we expected. Next generation software sales
increased $207 million, $60 million above our estimate, with the
bulk of the upside attributable to higher than expected console
software sales."
Further information comes via a
Bloomberg report,
which cites NPD Group data obtained by Credit Suisse analyst
Heath Terry, 436,000 Wii consoles were sold during January and
the first week of February. The Xbox 360 was the second highest
selling home console with 294,000 units sold, ahead of the
PlayStation 3 at 244,000 units sold.
Pachter adds that through January, U.S. cumulative hardware
sales for Xbox 360 were 4.8 million units, PS3 933,000 units,
and Wii 1,516,000 units. The U.S. hardware installed base
currently stands at 23.6 million next generation consoles
(including handhelds) as of the end of January (up from 21
million at year-end 2006).
Overall, Wii sales fell only moderately from its total of
604,000 units in December, while the PlayStation 3 fell from a
previous total of 491,000. The Xbox 360 registered the sharpest
drop in demand though, down from 1.13 million in December – when
it was the best selling home console – to the 294,000 of
January’s figures.
Other major hardware formats also sold well in January - the
PlayStation 2 sold 299,000 units, the Nintendo DS sold through
239,000 units, the PSP sold 211,000 units, and the Game Boy
Advance sold 179,000 units, with the Gamecube selling just
34,000 units.
Pachter's conclusion to the new results are as follows: "The
first quarter of 2006 presents easy comparisons for 2007 (with
PS2 software sales down 23%), with comps becoming more difficult
thereafter (six double-digit positive months out of the
remaining nine). With the prior eight months averaging an
increase of 15%, we continue to believe that sales in January
signal a continuation of growth, and we expect robust sales
growth through March."
POSTED: 06.13AM PST, 02/21/07 - Staff
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