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Avinash_Tyagi on 19 September 2009
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gamelover2000 said:
Avinash_Tyagi said:
gamelover2000 said:

there are always a lot of people who will wait for a system to be cheaper


Well there are alot of people buying wii's, the price is barely a factor with the Wii (it mightve become a factor when PS3 price cut came in (aswell as 360s price cut) but that ws only a month before then.. in 1 month not many people will be giving the wii 2nd thoughts because of its price because the PS360 just dropped in price..

 

The Wii is not doomed.. not at its current price point or its new price point, but IMO a price cut would be a bad move due to not moving enough consoles compared to the less profit per wii

Yes there are a lot of people buying Wii's but even more who haven't yet, duh, on every supply and demand curve, demand is always greater when the price is lower, unless its perfectly inelastic



 

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)