I would say eBay is your best barometer of supply and demand. People will not pay a premium plus shipping if they can walk into a store and buy one.
I would say eBay is your best barometer of supply and demand. People will not pay a premium plus shipping if they can walk into a store and buy one.
| Avinash_Tyagi said: Well VGC has Wii beating the PS3 in other Europe, although its possible Belgium is one of the exceptions |
I read it in a newspaper article. It said that 2007 was a record breaking year. Never have there been more games and systems sold then in 2007. I forgot the number but it was an impressive number for such a small country.
The PS3 outsold the Wii but with a very small margin. Haven't heard any updated report since. It could be the other way around now for all we know.
With their fiscal year end for 2007 Nintendo announced that they were planning on shipping 14 Million Wii systems between April 1st 2007 and March 31st 2008; currently Nintendo has sold about 15.5 Million units in that time frame, and with the ammount they are selling per week (currently) they will have sold over 18 Million systems. As much as it is a good thing to outperform your projections it is not a good idea to overshoot them by a wide margin. Nintendo also recently announced that they were planning to increase production in the next fiscal year, and it is likely that many of the factories that are producing the Wii would have downtime in order to retool.
If 1.8 Million units per month of production are going to meet demand year round Nintendo can sell no more than 1.3 Million units per month outside of the holiday season; and in order to have a decent supply for the weeks surrounding big game releases they need to preserve stock when they are not under presure.
On top of all of that, January through March is the slowest time of the year and most consoles sell less than 17% of their yearly stock in that timeframe.
In other words, it is way too premature to claim that Nintendo has met demand when stock is not available in store and Nintendo has a ton of reasons to limit the number of units they're shipping.
^the supply will only get worse as SSBB, MK, and then Wii Fot launch. Shortly after, it will be the holiday season so don't expect demand to be met in 2008
DBL post - sorry everybody - is it just my computer or is this site crashing a lot?
Great analysis HappySqurriel. I wonder how big the new production level will be. 2.2 million Wii's a month? I think Nintendo won't rush the next volume increase till the same time they did it last year for strategic reasons you mentioned.
Wiiforever: The site is working superslow here too
Hoping someday VGChartz will meet bandwith demand as well
| Joeron said: Great analysis HappySqurriel. I wonder how big the new production level will be. 2.2 million Wii's a month? I think Nintendo won't rush the next volume increase till the same time they did it last year for strategic reasons you mentioned. |
It hink consideing how well they have oversold 2007's projections I wouldn't be srurised to see them go higher inproduction, but also with a higher shipment projection for 2008 FY
Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!! It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!! Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)
| Joeron said: Thanks for the info Etecoon, glad the Wii is still sold out ^_^ in the rest of the world. Where I live it's been reported that the PS3 is the best selling system. Eventhough I find it weird because the 360 and Wii have the biggest shelf space here. (Not counting DS and PS2) I've seen lots of Wii's in stock where I live (Belgium) except around the holidays. Belgium must be another triangular anomaly besides the Bermuda triangle I guess. |
I can only say he is speaking the truth...
