New Microsoft console in 2010, says analyst
February 13th, 2008 @ 21:54
Pacific Crest Securities analyst Evan Wilson has pointed to 2010 being a major year in the games trade’s cycle, with his company expecting a new console from Microsoft and the end of PSP and DS.
“We believe that peak industry sales will occur in 2010, given that Microsoft will likely introduce its next console that year and Nintendo will likely launch before then,” he said. “Further, 2010 is also likely to coincide with the end of the Nintendo DS and Sony PSP cycles.”
Wilson’s comments came in a week where EA looked as far ahead as 2011 for a revenue target. He made no mention of a PlayStation 3 cycle, which is reasonably assumed to be further reaching than Xbox 360’s and far distant to Wii’s.
Posted in: Microsoft, Nintendo, Stuff, Trade
Tags: Evan Wilson, new xbox, Pacific Crest Securities
You can follow any responses to this entry through the RSS 2.0 feed.
Leave a response
February 13th, 2008 at 9:58 pm
Jesus, these guys must be team-wanking all over piles of money while coming up with this ‘insight’.
February 13th, 2008 at 10:00 pm
Genius, innit. Apparently this guy guessed DS Lite was going to hit when it did.
February 13th, 2008 at 11:16 pm
Job for life.
March 17th, 2008 at 12:58 pm
[…] Microsoft is to do what everyone is just assuming it will do, it will announce a successor to Xbox 360 next year and launch it in 2010. This machine will […]