No, it's very simple math:
Nintendo makes about 1.8M consoles a month. The current difference between the systems is 1.7M units. So Nintendo would have to ship every Wii they make to the US to close the gap...
...but they don't. The shipments are generally 40/30/30 (US/Japan/Others), so that means the US gets about 720K units a month. So it would take about two and a half months to make up that difference...
...but the 360 will continue to sell consoles. At the current rate, it's about 320K per month. Assuming the Wii continues to sell out and the 360's sales rate remains the same, it would take a little over four months for Nintendo to close the gap.
As others have pointed out, certain game titles, possible price drops (which I do not foresee happening), and other factors may delay the crossover date. But unlike some, I do expect it to happen this year. The Wii will become the best selling console in the US before the end of 2008.
Numbers are like people. Torture them enough and you can get them to say anything you want.
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