With the increase of game sales for the Nintendo DS and the game Assassin's Creed this past year, Wedbush Morgan's Michael Pachter believes Ubisoft will be making an estimated $1.5 billion this fiscal year.
"we continue to expect Ubisoft's lineup of casual games to benefit from strong DS sales, and the push out of several games into next year should position the company to deliver upside to its revenue and earnings guidance for fiscal year 2009," said Pachter
Michael Pachter is a senior vice president with Wedbush Morgan Securities with over 20 years of experience in the financial sector.
Casual games released this fiscal year by Ubisoft included My Word Coach, My Life Coach and Petz franchise.