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Something which was once a dead cert, is no longer.

With the news from Nintendo that the Wii sold 4.5m in 2011, and has hit 39m install base, this leaves them down YoY 2.5m and 6.1m behind the PS2.

Now the PS2 isn't going to grow much more, it's selling 10 - 15k a month, likely less in 2012, lifetime will be something like 46.3 tops.

How do you predict the next few years panning out for the Wii in the US?

A scenario, feel free to nitpick it.

2012: 3m - 1.5m YoY drop, Jan - Oct are incredibly low, sometimes hitting under 100k, few months above 200k. Nov and Dec down yoy (1.3m combined)
2013: 1.5m - another 1.5m YoY drop, all attention is on WiiU now, Wii fails to be the legacy console with cheaper X360 and PS3 deals on the market.
2014 and Beyond: 1m

Total: 5.5m: 800k behind PS2 lifetime