Pachter predicts 50% hardware sales decline for May 2009

By Patrick Garratt

americanflag

Wedbush Morgan’s Michael Pachter just put out his May sales predictions for the US market, and if he’s right there’s going to be a lot of wincing later this month.

“We estimate sell-through of 300,000 Wii, 140,000 Xbox 360, and 100,000 PS3 consoles (a 50% year-over-year unit decline for these consoles in May),” he said in a note.

The analyst is estimating another 17 percent drop in revenue, year-on-year, with overall sales down to $450 million compared $540 million in May 2008.

May’s NPD releases this Thursday.

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