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I think not only have we not seen what the demand is for the Wii but I think that demand is increasing somewhat expodentially as new people are exposed to it from their friends and games like WiiFit expand the audience. It will not follow normal VG trends as it is redefining what video entertainment is and who it appeals to. We saw this already when the Wii experienced no slowdown in sales when consoles traditionally do (except somewhat in Japan, but even then it's numbers were high for that time of year). So it's hard to say what it's selling potential is. I still think 55m-65m is probable if Nintendo can continue to increase supply throughout the year.

Otherwise it's a well thought out and excellent projection (and closely mirrors my own).