Pachter predicts primarily PS3 posting profits for GameStop in 2008

by Nick Doerr @ on Nov 6th 2007 2:45PM

If you love guessing games as much as we do, can we recommend the title Analyst Butt Number Awesome Pull Fun Time Special Vol. 1? Michael Pachter, voice of Wedbush Morgan Securities analysts, has come out with another estimate of positive proportions for both Sony and GameStop, resulting from the $399 PS3 SKU. In addition to Halo 3 sales bolstering GameStop's bottom like, Pachter says the new PS3 is expecting to pull in a "20% comp in the January 2008 quarter ..." and the new PS3 "should drive a significant amount of traffic GameStop's way this holiday."

Spreading his cards out into April of 2008, Pachter sites big-hitter titles like FFXIII and LittleBigPlanet will assist in continued profits throughout 2008. Interestingly, Pachter is only citing Sony-based material for these continued profits after mentioning a possible 360 price cut to counter the rumored PS2 price cut. It's interesting, as each console has some pretty big titles landing in 2008, but for many gamers, eyes are on the PS3 to deliver a monolithic smattering of quality games.