Kenology said:
appolose said: So, can we expect a litany of "Wii is doomed" articles in the next few days? |
Wii still > HD Twins = yes.
It'll read "Wii down 50% YoY, has the bubble burst?" and neither Mario Kart Wii nor Smash Bros. Brawl will be mentioned in the article. It'll be epic.
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Found the first one already!
In a troubling month for the game industry, the Wii led the market's downfall by recording an over 50% drop in hardware sales from this time last year, and an over 40% drop from just last month.
Especially disturbing is the complete failure of any third-party Wii software to chart. Indeed, every third-party Wii game was outsold by the now two-years-old New Super Mario Bros. on the DS. Where third-parties saw success on Microsoft's Xbox 360 with solid second-month sales of Resident Evil 5, and great sales for Guitar Hero: Aerosmith (now in its ninth month of release), not a single third-party was able to muster sales of over 90,000 copies on Nintendo's Wii system.
"We think it's clear that third-parties simply can not find success on the Wii" says Kotaku's Brian Crecente, a respected blogger who covers the gaming industry in depth. "When you have games like Madworld that would have sold millions of copies on the 360 or PS3, but which fail to chart on the Wii, you know you have a problem."
"The Wii's bubble has definitely burst" agreed Wedbush Morgan analyst Michael Pachter. "Wii hardware sales are in freefall, and while I hesitate to say that Nintendo's about to drop out of the race, I definitely think they need to release Wii HD sooner rather than later. Introducing killer software like Wii Sports Resort is also a must, as I think the public is finally tired of doing yoga routines on their copy of Wii Fit."
In a sign that investors also believe that it's Game Over for Nintendo, Nintendo's stock has declined roughly 40% since last Summer, and even company president Satoru Iwata admitted in his most recent press release that Nintendo expects Wii sales to flatline this year, with only a modest 2% increase over its 2008 Fiscal Year performance.
In the final analysis, it appears that Nintendo's Wii, and Nintendo itself, are no longer recession-proof.
Source