Wii and PS3 sales slide
Nintendo's profits slip as Sony drops into the red
Sales of Nintendo’s Wii and Sony’s PlayStation 3 have experienced sharp declines during the last three months, both firms’ first quarter financial reports have revealed.
Nintendo sold just 2.23m Wii units worldwide during its first financial quarter, ended 30 June. The Japanese gaming giant shifted 5.17m Wiis during the same period last year.
PS3 sales during Sony’s first financial quarter – also ended 30 June – totalled 1.1m units, compared to 1.6m units during the same period in 2008. PlayStation Portable sales also dropped from 3.7m to 1.3m units during the respective quarters, Sony admitted.
Remarkably, Sony’s aging PS2 – the slimmed down version of which was unveiled back in 2004 – actually sold 1.6m units during the quarter, a far greater number than the flagship PS3 achieved.
Sony’s kept pretty quiet about reasons for the hardware declines, perhaps because the entire company recorded an operating loss of ¥25.7bn (£162m/$268m/€190m) during the three month period – down from the whopping ¥73.4bn in profit it made during the same period last year.
Nintendo, on the other hand, has admitted that “slowing demand for its Wii console” contributed to its overall 60.6 per cent drop in net profit – down from ¥107.3bn (£682m/$1.1bn/€800m) in Q1 ’08 to ¥42.3bn during Q1 ’09. ®
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COMMENTS
re: obvious really...
I don't get why people think the PS3 is expensive. It's like £280 with Killzone2 included. A similar spec Xbox (obviously minus Blu-Ray, Wifi and with chargable online play £40/year) is £230. So you you want to play online, then it's really only £10 cheaper to buy an Xbox (obviously only taking year 1 costs into account), and you still miss out on Blu-Ray, Wifi, and get crappy build quality thrown into the Xbox mix too.
I really can't understand why ANYONE would buy a Xbox Elite. It simply dumbfounds me. It's not like the games are actually worth having either (PS3 seems to by far and away have the better exclusives these days).
obvious really...
The Wii sales are dropping simply because of market saturation, even my parents have one. The PS3 is just too damned expensive for most folks. Only Gamers or Blu-ray loyalist are going to cough up for one of those.
@Kevin...
"Nintendo's main game problem is that I hardly ever see a advertisement for Wii games vs seeing Xbox and PS3 adverts non stop. "
Wut? Seriously, every second advert is for the Wii, wether it be that annoying one where some semi-attractive female sits on a couch with her mum, animal crossing is it? Or Wii Sports resort, or wii motionplus, or raving bunnies of some sort, or pro evo when it came out, or wii fit, or mario kart with z-list celbrity family redknapp. You see my point, I think the last ps3 ad I saw was for Fallout3.
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