The threat from Best Buy and other retailers to GameStop’s video game sales is no joke, writes Wedbush Morgan analyst Michael Pachter in a note this morning in which he lowered estimates for GameStop.
U.S. sales of video game hardware, software and accessories were down 23 percent in May to $863.3 million, according to market research firm NPD. It was the first month with sales under $1 billion since August 2007.
Microsoft and its partners are reaping big rewards from the $300 million Windows marketing campaign.
The Xbox 360’s exclusive Grand Theft Auto IV add-on, “The Lost and Damned,” debuted yesterday to generally positive reviews. That’s good news for Microsoft–especially considering how much the company paid for rights to the extra downloadable episode. Seth Schiesel’s New York Times review gives you a good sense of what $25 million buys a console company these days.
Apple needs to refresh the Mac line. That’s a key takeaway from today’s data from market research firm NPD on August Mac and iPod sales. In a note this afternoon, Piper Jaffray analyst Gene Munster reports that the NPD data showed Mac sales growth in August was up 23 percent year-over-year in units, down from 43 percent growth in July.
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