Cowen & Company believes that Gears of War: Judgement sold around 425,000 units in the U.S. during March compared Gears of War 3‘s first month sales of over 2 million units in September 2011. Similarly, God of War: Ascension had sales of an estimated 360,000 units in March compared to God of War 3‘s March 2010 launch, which saw 1.1 million units sold.

“We had expected sales trends to improve in March due to a strong core line-up,” wrote the company. “Two historically strong franchises appear to have significantly underperformed.”

Because of this, Cowen & Company expects the leading titles for the month to be Tomb Raider with 696,000 units sold in 33 days and BioShock Infinite selling 665,000 copies in 10 days. When the NPD report comes out, they expect that software sales will be down over 20 percent year-on-year.

Source: GamesIndustry International