This guy always delivers.
"Xbox 360 software sales benefited from the dramatic hardware sales increases from discounted models and the new slim Xbox 360, while the Wii appears to be suffering from console saturation and fatigue despite the recent launch of the Wii SportsResort/Wii Motion Plus bundle. PS3 sales continued to show solid year-over-year growth in both hardware and software," Pachter noted.
"Higher hardware sales should result in growth in software sales, and that has certainly been the case for the PS3 and the Xbox 360. Unfortunately, Wii software sales were down significantly in July, driving overall software sales into negative territory... It is easy to say that the decline in Wii software is due to a lackluster lineup of games; we think that is largely true, but note that the PS3 and Xbox 360 lineups were also relatively light. Year-to-date, Wii hardware sales total 2.7 million, compared to 1.8 million PS3s and 2.4 million Xbox 360s, so it is difficult to blame the year-over-year Wii software sales decline on poor hardware sales. Instead, we think it is becoming apparent that the average Wii owner is just buying less software than his PS3 and Xbox 360 counterparts," Pachter said.
