Destiny 9

Destiny is not Grand Theft Auto: Analyst predicts big dip in September software sales

While the new consoles have sold well since their November releases, new game sales have lagged behind. That’s going to continue, according to one industry observer.

Wedbush Morgan analyst Michael Pachter is predicting that The NPD Group, which tracks sales of new games at U.S. retailers, will reveal that new software generated $435 million last month. That would represent a 42-percent drop in revenues from $754 million in a similar period in 2013. The biggest reason for that tough year-over-year comparison is that publisher Take-Two released its open-world blockbuster Grand Theft Auto V on Xbox 360 and PlayStation 3 last year. And while developer Bungie’s sci-fi shooter Destiny got off to a great start, its sales are nothing compared to GTA V.

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