Analyst: November video game sales to surpass $1.5B

Analyst: November video game sales to surpass $1.5BAs the biggest shopping day of the year wrapped up in the US last month, according to analysts initial estimates put software sales at $1.5 billion for November. Some describe Black Friday as mass psychology at work, hindering a person’s ability to think rationally as the notion of scarcity is used to create artificial demand.

One thing is for sure, Black Friday in the US was mayhem as a crazy women pepper sprayed 20 people to get to an Xbox 360 Kinect bundle and another man was beaten to a bloody pulp for stealing a game. It was also Microsoft’s biggest sales day ever with 960k Xbox 360s and 750k Kinects sold in the US on Black Friday.

Ahead of official November NPD sales numbers, Michael Pachter of Wedbush Securities has put out his estimates for the sales of November and it’s a huge. He estimates that the Xbox 360 sold 1.4 million units, a five percent increase from last year. The Wii sold over 1 million units, a 17 percent increase, and the PS3 sold 750k unit or a whopping 41 percent increase from the year before.

EEDAR also put out their estimate, which shows Xbox 360 sales matching last years and PS3’s increasing by 31 percent. EEDAR on the other hand show the Wii at 29 percent higher than last year.

Pachter estimates that the top five game sales are expected to be:  Modern Warfare 3, The Elder Scrolls V: Skyrim, Uncharted 3, Saints Row: The Third and Assassin’s Creed: Revelations.

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One Response to “Analyst: November video game sales to surpass $1.5B”

  1. Barnabe Jones:
    December 6th, 2011

    Wow I guess all of those high quality Kinect games really paid off for the 360.

    Ha! I can’t even say that with a straight face.

    I know M$ is considering it as a “platform”, if that’s so it has to have the lowest metascore of any console in history. Kinect’s exclusive’s average metascore is 3.2.

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