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Industry News
Analyst: Holiday Game Sales Could Help 20% Growth For 08

Gamasutra - December 26, 2008

Submitted by mrahaju (36) at 11:59PM PST on December 26, 2008

Lazard Capital Markets analyst Colin Sebastian said : "Our latest channel checks indicate that video game sales overall remain stable through mid-December, consistent with historical industry performance through economic downturns," he says. Software sales, Sebastian says, are still well on track to clock a minimum 20 percent growth for 2008 -- beating analyst targets set at the beginning of the year.