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PS2 showing no signs of slowing down despite being in its silver years
Mass market not ready for high-def gaming, says analysts

Before the two new console launches in November 2006, it was popular belief that supplies of the Nintendo Wii would be ample and consumers would be able to secure one without much hassle or worry. Today, a full five months following launch, Wiis are still hard to find, and those who do find them can resell them for a greater profit than the retailer.

According to one analyst’s opinion noted by Home Media Magazine, the demand for the Wii could outstrip supply all the way to 2009. “I believe the Wii will continue strong growth although supply continues to be a problem,” said Billy Pidgeon, video game analyst, IDC. “I’d like to see Wii hardware shipping in larger quantities or mass market consumers may cool on it. Having said that, I don’t believe supply will meet demand for the Wii until 2009.”

“Xbox 360 and PS3 need system-selling games ASAP. Halo 3 will help, as will Lair and Heavenly Sword, but that leaves a hole in Q2 which will be filled by Wii, DS and PSP hardware and software. We’ll also see more PC and PS2 software picking up the slack,” added Pidgeon.

Apparently he isn’t the only analyst who feels that the mass market isn’t quickly taking to high-definition gaming. Michael Pachter at Wedbush Morgan Securities thinks that the PlayStation 2 will remain a strong seller thanks to movie license games such as Spider-Man 3 and Harry Potter and the Order of the Phoenix.

“It still seems to be the year of the PS2,” said Pachter. “Notwithstanding all of the other choices, consumers keep buying PS2 games, with barely any drop off. Virtually all of the year-over-year growth is attributable to a slower than expected decline in PS2 software sales.”

These analyst comments came immediately following the release of March video game hardware and software sales figures from NPD, with a particularly strong showing for Nintendo DS and PlayStation 2.



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So how many Wiis is that?
By Doormat on 4/25/2007 11:01:34 PM , Rating: 2
I wonder what they're projecting for total Wii sales until supply meets demand. It seems definate that it will surpass the number of GC units sold, but will it hit 30, 40 or even 50M units by the end of 2009?




RE: So how many Wiis is that?
By jadedeath on 4/27/2007 1:52:26 PM , Rating: 2
They've roughly pumped out a million worldwide per month, as they are totally sold out now and records are showing they're at about the 6 million mark {6 months from the release} so if you figure 1 month=1 million {unless they ramp up production} you're looking at a rough average of 14 million by the end of the year.

Not too shabby, but they've got a long way to go before they come close to reaching last Gen console number totals.

Logan


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