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Forums - Sales - GameStop + Pachter comment on Wii + ps3 shortages

http://news.vgchartz.com/news.php?id=7507

GameStop Executive VP of Merchandising Tony Bartel had some bad news on during the company's investor call this morning. He got asked once again how long the Wii and PS3 shortages would continue, and here's what he had to say:

"Obviously it's a question we ask the platform holders constantly. I can tell you that we do anticipate we will be in this situation, at least with the PlayStation 3, for another couple months unfortunately because we could sell a lot more hardware than what we have on both the PS3 and Wii platform."

"We do believe the Wii will come into stock quicker than the PS3, so we do anticipate that those shortages should abate sometime before the next couple months, but I don't have clarity as to why there is a shortage other than because of the unprecedented hardware demand in December, and I think we are still scrambling to catch up from the surge that occurred."

So, we can expect the shortages to keep bothering us for a few more months. Wedbush Morgan Securities analyst Michael Pachter shares his opinions about the shortages, making some pretty bold statements, as always:

"Nintendo had warned us that February would be a difficult month due to supply constraints, but we believe that the problem runs deeper than that, as sales of staple titles like Wii Fit with Balance Board and Wii Play were well below historical levels,"

"There is clearly strong demand for the PS3 at the moment due in part to its list of exclusives in early 2010 and Blu-ray compatibility. Nintendo's Wii, on the other hand, will not see any exciting exclusives until at least May and its software attach rate continues to decline."

Bold statements, indeed.



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Zas!! en toda la boca de Patcher :p



Here's what I don't get. In December, Wii sold about as much in 1 MONTH than PS3 did for the entire YEAR in America. Nintendo was cleaned out, shortages have been reported why's Pachter having an orgasm about Wii having an underwhelming Febuary (considering the circumstances)? I've no idea. But he's rapidly becoming as big a fool as bruceongames or hiphopgamer.



Bet between Slimbeast and Arius Dion about Wii sales 2009:


If the Wii sells less than 20 million in 2009 (as defined by VGC sales between week ending 3d Jan 2009 to week ending 4th Jan 2010) Slimebeast wins and get to control Arius Dion's sig for 1 month.

If the Wii sells more than 20 million in 2009 (as defined above) Arius Dion wins and gets to control Slimebeast's sig for 1 month.

Arius Dion said:
Here's what I don't get. In December, Wii sold about as much in 1 MONTH than PS3 did for the entire YEAR in America. Nintendo was cleaned out, shortages have been reported why's Pachter having an orgasm about Wii having an underwhelming Febuary (considering the circumstances)? I've no idea. But he's rapidly becoming as big a fool as bruceongames or hiphopgamer.

That's what I wanna know. Where does he get his confidence from? He talks as if he's the man



Why do they have supply issues anyways? Are they just not making enough consoles or are they just not meeting the demand for them?

If so, wouldn't they just make more?



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Wagram said:
Why do they have supply issues anyways? Are they just not making enough consoles or are they just not meeting the demand for them?

If so, wouldn't they just make more?

The PS3 just had a hardware redesign. It's understandable they need some time to catch up with demand after the holidays, the problem was actually far worse when the first PS2 slim came out.

The Wii just had a ridiculous December, few expected the numbers to be quite that high.

The supply will catch up in time, these things happen...



Wow Pachter will say anything to try and confirm a new Wii system or SKU. Guess he thinks if he says the Wii is having issues and its only saving grace is Wii 2 or Wii HD maybe Nintendo will listen to him. Good luck with that Mr Pachter.



good news for MS imo.
might find some buyers not able to find either a Wii or a PS3 will go to them instead



Proud Sony Rear Admiral

I pray for the day that Pachter sings a new tune. He's been crooning that old blu-ray/HD tune, not to mention the Wii-is-declining tune for years now.



I wonder if Microsoft has anything to do with the Wii/PS3 shortages.