| Non Sequor said: A holiday price cut may make marketing sense if you consider that if you miss a holiday buyer, you're likely not going to get another chance to sell to them until next year. On top of that, you have to understand that a lot of people view a console as a durable good (i.e. a good that most people only replace when their current one no longer meets their needs). If a customer accepts a competitors console on the basis of price or availability, then they may lose interest in the console they originally wanted so long as they have an adequate supply of good games on their current one. |
That's only important if you feel that your stock of consoles outstrips the demand for that console, right now, with the games coming out, Nintendo has no reason to believe that, in addition considering the dismal sales of its competition Nintendo has little to fear from them stealing away its customers
Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!! It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!! Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)
