Analysts Say Next-Gen Consoles to Sell Considerably Less Than Current-Gen

*Not official*

A new report from analyst, Piper Jaffray suggests that the next-generation of major consoles should sell considerably less hardware units than the current-generation. Gamasutra report [as cited by GIBiz] that Jaffray also predicts a decline of 53% on software sales during the first 14 months at retail.

Other analysts, Michael Olson and Andrew Connor expect the Wii U to move about 35% of the volume of sales in the first 14 months compared to that of the Wii. They then say the Playstation 4 will achieve around 50% of sales volume compared to the Playstation 3, and lastly the next Microsoft console is projected to attain 55% of the sales volumes for the first 14 months when compared to sales figures for the Xbox 360.

Piper Jaffray predicts these figures after meeting with a few “industry sources,” and believes that social and mobile games will be the major factor that threatens major consoles’ sales, taking a large portion out of the market.

“Unfortunately, we do not expect a console refresh to fully offset the secular declines in console gaming,” said the analysts. “We believe console gaming will continue to be a time-share donor to social networks, mobile games and tablets. We, therefore, favor companies with increasing exposure to social/mobile gaming, including Zynga and EA.”

Jaffray also believes that Sony will launch its next PlayStation around holiday 2013, and Microsoft should follow sometime in 2014.

About r0gue Zombie

Known as Victor Vieira to his mommy, r0gue is a Consoloptipus [con-sol-opti-pus] plural: con-sol–opto-pi • Derived from Latin meaning “he who is too cheap to buy a gaming pc” • Commonly found online. If encountered in natural habitat, presume dangerous [to himself]. • From the ‘alles-terian’ group [will eat anything]. Needs regular feeds.