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Pachter – Star Wars: The Old Republic Sales, No Need For Concern

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Posted on January 20, 2012 AT 11:14am

THE BUZZ: Wedbush analyst Michael Pachter has said that there is no need to worry over the current sales figures of Star Wars: The Old Republic.

“EA shares have been under assault over the past two months (and especially the past week), as many of our competitors have opined that the company’s MMO, Star Wars: The Old Republic, was tracking well below ‘consensus’ expectations,” Pachter wrote in his latest investors note. ”Some of our competitors have suggested that the ‘consensus’ first quarter sales estimate was 3 million units, or over a million above our own estimate, which we believe is not only unrealistic, but borders on the absurd.”

“Activision Blizzard’s World of Warcraft, the most successful MMO of all time, sold 1.5 million units in its first month, and an additional 2.5 million units in its first year, representing sales of around 50,000 units per week after the first few weeks,” he added.

EGM’s TAKE: Over the past few days there has been rumors and mumblings that Star Wars: The Old Republic is struggling, however this is not the case. As Pachter says the game has shipped almost two million copies since launch, more than the most successful MMO of all time World of Warcraft. The game’s forums are a hive of activity proving that their are plenty of active players. Sure, like any MMO it probably hasn’t retained all of those purchasers but you can’t write it off after just one month. BioWare has long terms plans for the game stretching into 2013 and beyond, so things can only get better from here on out. Once the opening bugs and issues have all been ironed out the game should do perfectly fine.

“We continue to expect Star Wars to have a meaningful impact on revenue and earnings growth in upcoming quarters. As mentioned previously, we expect sell-in of 2 million units in Q3:12 (with an additional 1 million units next year),” Pachter concluded.

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Matthew Bennett, Associate Editor
Matthew Bennett finally got his big break with EGM three years ago, following years of volunteer work for various sites. An ability to go many hours without sleep and a quick wit make him ideal for his role as associate editor at EGMNOW.com. He often thinks back to the days when the very idea of this career seemed like nothing but an impossible dream. Follow him on Twitter @mattyjb89. Meet the rest of the crew.

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