Source: Gamesutra
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Ahead of Electronic Arts, Activision, THQ and Midway's quarterly reports, Lazard's Colin Sebastian and Wedbush Morgan's Michael Pachter have forecasted strong results, with Pachter "more bullish than ever about Activision," but cautious on Midway's return to profitability.
Looking at the industry as a whole, Sebastian says "overall video game industry growth remains healthy through mid-2007 (+24% software sales year-to-date), and our channel checks indicate that sales trends remain strong into late July," but warns that "with strength most evident on Nintendo platforms (DS and Wii), we note that not all publishers are benefiting equally."
Jul 30, 2007, 09:26 PM
