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greenmedic88 on 11 January 2008
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Sri Lumpa said:

greenmedic88 said:


Estimate 360 and PS3 sales to be a minimum of 15 and 8 million respectively for 23 million (lower than the actual total based on current weekly sales) combined.

To obtain 50% of the market, the PS3 and 360 have to sell 17 million units combined in 2008. Less, if the Wii is supposed to exceed 50% of the overall market.

Does that sound in any way shape or form reasonable?

[...]

I wouldn't say that's unreasonable, more like virtually impossible.


Huh?!?

You seem ignorant of the fact that the 360 launched in november '05 and had therefore a bit over two years to sell these 15.5-16 millions which means an average of about 7.5 millions a year... just like the PS3 (8.5-9 millions is for 14 months) for a total of 15 millions a year, with a big chunk of these sales stacked in the last two months.

So even if the Wii does not increase production they still would have enough (21.6) to get to 50% marketshare (15 millions + 5.6 millions difference = 20.6).

Now there are more factors like the 360/PS3 selling more this year with GTA4/MGS4 or the Wii possibly selling less (an opinion widely held by PS3 fans for more than a year now) but calling it virtually impossible is laughable at best.

Of course you made a mistake in your yearly sales numbers but now that you have been corrected maybe you might want to reconsider your statement*.

* assuming you see this post as your post is dated from 2 weeks ago. :)


No, my opinion hasn't changed. The Wii sold 16 million and change this year (from 12/31/06 to 12/30/07). So now we have a lot of people predicting growth of up to 50% (assuming 24 million in sales for 2008) and more in some extreme cases. 

With about 25 million combined sales for the 360 and PS3 currently compared to about 20 million for the Wii, projecting a very optimistic 45 million by year's end means sales of the 360 and PS3 will have to stay at about 20 million combined.  Not impossible, but unlikely.

Assume 360 sales stay flat at about 8 million. And assume PS3 sales defy the current change in the rate of sales since November (due to the price drop) and mirror 2007 sales of about 7.5 million. Next, assume no drop in price for the 360 in 2008. Do the same for the PS3. 

Now I can see Nintendo gaining 50% of the market. 

What I don't see are all of the above happening in order for that 50% number to become reality. 

I could be wrong, and 2008 could be nothing but expansion for Nintendo while MS and Sony remain static, but this would defy conventional logic. Not fan logic, but the regular kind.