Analysts: Halo 3 to push Xbox business into the black

Goldman-Sachs expects first-week sales of Bungies shooter to reach about $170 million, giving Microsofts gaming division its first profitable quarter. Theres 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 games September 25 launch, with numbers nearly as gaudy.

While Halo 3 is releasing right at the end of Microsofts first fiscal 2008 quarter (which runs from July through September), Goldman-Sachs 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. Thats 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.

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News source: GameSpot

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