Goldman Sachs is reporting (via NPD) that US video game software sales increased 26% yoy in April, “with a high-rated Mortal Kombat franchise release from Time Warner TWX leading sales.”
“This is the first increase since November 2010, which was driven by Call of Duty sales,” Goldman Sachs writes. “However the Easter shift and an easy yoy comp (sales were -22% in April 2010) flattered April comparisons.”
Time Warner closed Thursday at $36.23.
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Posted In: Analyst RatingsCall of DutyConsumer DiscretionaryGoldman SachsMortal KombatMovies & EntertainmentTime Warner
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