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Analyst predicts industry comeback in 2010

On January 5th, 2010 in Uncategorized -

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While the video game industry has frequently been called recession proof, just like every other industry, it was hit pretty hard by the recession. Luckily, if analyst Michael Pachter is to be believed, the industry will be seeing a comeback this year.

Despite falling sales, the number of high tier titles set to drop in 2010 will, according to Pachter, give the industry a much needed boost. And who does Pachter say will reap the most benefits? GameStop, of course. Not only are they the premiere video game retailer in the country but new games sales added to used game sales are sure to give GameStop exec’s wallets a bit of padding.

But anyways, with titles such as Splinter Cell: Conviction, BioShock 2 and Gran Turismo 5 launching early this year, the games industry will definitely be seeing some rise regardless of what Mr. Pachter has to say.

via gi.biz

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