Nov 30, 2005 9:00 PM

Banc of America Sez: Brace For "Surprisingly Bad" 2005 Sales

My good friends over at Gamasutra, who just started up a new games industry blog called GameSetWatch because they think they are so special, are reporting some hilarious news from Banc of America industry analyst Gary Cooper: Cooper is suggesting that overall revenue will decline 30% from November 2004 figures, and singled out Activision’s True […]

My good friends over at Gamasutra, who just started up a new games industry blog called GameSetWatch because they think they are so special, are reporting some hilarious news from Banc of America industry analyst Gary Cooper:

Cooper is suggesting that overall revenue will decline 30% from November 2004 figures, and singled out Activision's True Crime: New York City game and PlayStation Portable hardware sales as particular disappointments, alongside obvious shortages of Xbox 360 hardware.

For those of you bad at math, Cooper summarized by calling the situation "surprisingly bad."

I know who's not gonna be puttin' on the Ritz this month...

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