Pachter, simExchange offer conflicting predictions of console sales

Filed under: Business
http://www.blogsmithmedia.com/www.ps...barker225r.jpgApril NPD sales are expected this Thursday, and analysts are ready to offer their key bits of insight. As usual, we cast much doubt on the accuracy of these sales predictions, especially when two of the largest sources offer conflicting reports. Wedbush Morgan's Michael Pachter has once again predicted a victory for PS3 over Xbox 360 this month (he incorrectly predicted a PS3 victory last month as well).

Pachter believes that PS3 will push 290k units, Xbox 360 275k, and the Wii will trounce on both with a whopping 600k. PS3 fans shouldn't rejoice too soon, however. simExchange, another group of analysts, predicts that Xbox 360 will sell 381k and PS3 will sell 363k.

With such contradictory numbers being thrown around, one has to wonder how analysts make these numbers, and why they continue to be relevant. Thursday's revelations of official NPD numbers should see which analyst wins the guessing game.
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