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PlayStation 3 Outsells Nintendo Wii...In Japan

r_pad
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Posted April 7, 2009 - By r_pad

PlayStation 3 Outsells Nintendo Wii...In Japan

This might come as a surprise to numerous readers of TheFeed, but Sony's PlayStation 3 has outsold Nintendo's Wii for the last five weeks...in Japan. Citing data from Media Create, Gamasutra has reported:

"Although Wii sales continue to dominate the home console market in the West, they have been underperforming in Japan for several months. With few new software titles to stimulate demand, the PlayStation 3 has outsold the Wii for the last five weeks, according to Media Create data."

Numerous analysts have predicted that Nintendo's hardware sales are set to fall sharply. Recently, Deutsche Bank analyst Satoru Kikuchi has changed his rating on Nintendo's stock to sell based on this prediction. This last five weeks could be the beginning of the "downwards trend" he anticipated.

Then again, it might not. As I reported earlier today, Credit Suisse believes that it costs Nintendo 45 percent less to manufacture the Wii than it did at launch. A price cut coupled with key software releases could stimulate sales in Japan. It can be argued that the Japanese market has reached its saturation point with the Wii, but I can see the system edging out the competition with a price cut and quality software. Whether it does or doesn't, I don't think the trend means anything to Western markets.

Source

PlayStation 3 Outsells Nintendo Wii...In Japan
http://www.g4tv.com/thefeed/blog/post/694573/playstation-3-outsells-nintendo-wiiin-japan/
http://files.g4tv.com/ImageDb3/144127_S/PlayStation-3-Outsells-Nintendo-WiiIn-Japan.jpg
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