Analysts: Halo 3 to push Xbox business into the black

Goldman-Sachs expects first-week sales of Bungie's shooter to reach about $170 million, giving Microsoft's gaming division its first profitable quarter. There's no question that Halo 3 is going to be big. Several weeks ago, a rumor surfaced that GameStop had already collected an outlandish 4 million preorders for the game. Today, a quartet of Goldman-Sachs analysts released their own projections for the game's September 25 launch, with numbers nearly as gaudy.

While Halo 3 is releasing right at the end of Microsoft's first fiscal 2008 quarter (which runs from July through September), Goldman-Sach's industry watchers are expecting the game to contribute about $170 million in revenue for the quarter, with more than 4.2 million copies shipped into the retail channel. That's nearly one copy for every three Xbox 360s in the world, going by the analysts' projections of an installed user base of 13.2 million by September.

Link: Forum Discussion
View: Full Story
News source: GameSpot

Report a problem with article
Previous Story

No Final Fantasy XIII Until 2008

Next Story

Apple fixes 17 Mac OS X flaws


Commenting is disabled on this article.

i don't get why analysts can make the news, they are not facts and I really don't care about what they think. We just need to sit back and watch.

i read joystiq and before the whole console wars started everyday was 'analyst thinks the PS3 will win, analyst thinks xbox 360, wii will win, etc.

I can't wait. If I wasn't so into the single-player story, I'd still be getting it just for the multiplayer. It's just so damn fun.

This has to be a big moment for everyone who originally came up with such a risky venture. First profitable quarter? I'd get some bubbly and celebrate.