If Nintendo lowers the Wii projection to 24 million, what are they going to say to everyone when Q3 ends? They are going to lower it once again? Not even with a pricecut of 50$ Wii can reach what it did in 2008. Even worse is that the pricecut won't be coming before the Holiday season, as I don't think they will announce a pricecut dfuring this report. They can't announce it with too much time before it happens because sales will die down until price drops.

Difficult situation, I think what they will do is cut projections to 20 million, because cutting them to 24 and then next quarter cutting them again will be suicidal.

They don't have to announce a price cut now, they just have to hint at it. "We believe even if our sequels don't lift sales that we can ship 24 Wiis for the year". How, Iwata? "Think about it"

That wouldn't sound very convincing.

Why sony bother with 13 million projection for PS3 if they didn't intent to price drop early? I expect them to lower the estimates.

We should get the next set of information from Sony and Nintendo around 10 hours from now (7 am GMT)

could they possibly announce a price cut at the October event.

@ Source

do you expect nintendo to make more money this fiscal year than they did last fiscal year. $5 billion is a tough target to beat

The only reason Nintendo is down is because of Q2 2008 compared to Q2 2009.

Wii Fit, Smash Brawl, and Mario Kart ( and WiiWare right?) all launched within that timeframe. If they had games of this caliber Q1 and Q2 (which they didn't until Wii Sports Resort) we wouldn't be seeing such a significant decline.

Let's see what WSR and MH3 do to sales over a few months before we talk about price cuts.

I dont think that Sony is going to lower the PS3 target without having seen the effect of price cut on PS3... they clearly hinted in the last conference of a price cut to achieve the target and i think they never planned the price cut in the Q3.. So even if they r 1m down from last yr in the first 4 - 5 months, it should have been expected.

Secondly even if they do 12m+ then it will be considered close to the target... i think Atleast they will wait for Second Quarter before making any adjustment in the target.

500k/month is alot to increase for 8 months straight when you only sell 400,000 systems in normal months. Thats the main reason I think Sony's going to lower their forecast.

I think the biggest factor is how big the holidays r going to be for Sony.. in 2007 they lowered the price by 100 and $400 was still expensive for a console machine with not many exclusive games like MGS or KZ2 or other renowned titles and they still managed to do some very impressive numbers...

Now if they go to $300 and they have some solid exclusives for half price, there are many reasons for people to buy PS3.. i think i will be picking one up... 

Yes economic condition is one big reason of concern for all parties.. but at $300 PS3 is a very sweet deal. and if they threw in a game or two it will be even better. 

I m not saying that its achievable.. but the only thing i m saying that with PS3 Slim, Price Drop, FFXIII Japan launch, GT5 worldwide launch in 2009, there r many factor big enough to help Sony achieve the target.. 

mess up of any one of the factor can make it next to impossible..