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Pachter: U.S. Game Retail 2011 Decline ‘Almost A Certainty’
A new analyst note from Michael Pachter of Wedbush Securities suggests that it is “almost a certainty” that 2011 will end up as a third consecutive year of declining software sales for U.S. video game retail. While Pachter was keen to stress that the month of November ended strongly for software sales, with good Black Friday hardware and software sales, he said that he expects to see declining software sales year-over-year. “Game publisher stocks have …
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