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Drow NewsBot
05-23-2007, 11:30 AM
Pachter: GameStop To Take Majority Of Hit Software Sales


In his latest note to investors on GameStop's newly reported record Q1 earnings, Wedbush's Michael Pachter has said he expects the retailer to capture a "disproportionate share of sales" for 2007's headline titles like Halo 3 and GTA IV, but continue to lose marketshare on new hardware. Speaking on today's results, Pachter said, "We expected the company to report results at or slightly above the high end of its guidance, so the earnings upside was ...



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