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Analyst:  Modern Warfare 3  To Sell 19M Units During Current Fiscal Year
Analyst: Modern Warfare 3 To Sell 19M Units During Current Fiscal Year
November 8, 2011 | By Mike Rose

November 8, 2011 | By Mike Rose
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More: Console/PC, Business/Marketing



A new analyst report from Baird Equity Research suggests that strong Call of Duty: Modern Warfare 3 sales should help Activision offset the sales decline for World of Warcraft.

Baird's Colin Sebastian noted that sales of the new multiplayer shooter are expected to reach 18-19 million units by the end of the current fiscal year's fourth quarter -- December 31 -- generating around $1.1-1.2 billion of revenue for the company.

Sebastian explained that these record sales should help Activision balance out the declines in World of Warcraft subscriptions, with the total number of subscriptions expected to stablize in the 10-11 million region.

The analyst also noted that, while video game sales are estimated to have increased by 5-10 percent year-over-year, this figure is still slightly below the consensus estimate.

He believes that, of the top 10 console titles of October in terms of sales, seven were for Xbox 360, while two were PS3 games and one was for the Nintendo Wii.

Modern Warfare 3 was released today, with analyst Michael Pachter having estimated just last month that it will have sold around 16 million units by the end of 2011.


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Comments


Eric Geer
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Based on what I have been reading/hearing--sounds like their might be some returns/exchanges this time around. Can't keep copy and pasting games. Eventually people will catch on.

Harry Fields
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I dunno Eric... Try telling that to EA and their annual iterations and re-releases of the same game (I'm looking at you Madden and Sims/Expacs!) spanning years and years and years.... and years.

...

....

.....

and years :D

Jacob Barlaam
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yet another analyst who will end up being off, unlikely the number will surpass 14million by the end of the year

Jacob Barlaam
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pretty sure he pulled this from out his arse actually, i'll admit to mine being so as well

Isaiah Taylor
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I'm wondering how happy shareholders in Gamestop are right now.


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