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Forums - Sales - Pachter: 50-100% PS3 sales boost in Sep, Wii decline cure = price cut!

Kenology on 11 September 2009
Pristine20 said:
I honestly don't think a price cut would do much for the wii because I've never really seen price as an obstacle to anyone who wanted the console. At $250, it's been "cheap enough" from day one. Ps3 was the console who's price was bitched about everywhere making me think it would benefit from a price cut more than any other console.

A better bet for nintendo may be to release more of their popular franchises and new colors. Also, I think the wii sales should increase during the holidays but I won't claim to be an analyst so take my predictions with a grain of salt

Seems to me you're holding Wii to a different standard or you just HOPE a price cut won't help the Wii.  Again, I bring up the PS2 price cut a couple months back.  Wasn't it "cheap enough" at $129?  And yet, didn't we still see a boost post price cut?

I agree with you that it's better for Nintendo to do new colors (and bundles) as opposed to price cuts though - but only because of value perception, not because it would be magically ineffective simply because it's Wii.



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Seece on 11 September 2009
Pristine20 said:
I honestly don't think a price cut would do much for the wii because I've never really seen price as an obstacle to anyone who wanted the console. At $250, it's been "cheap enough" from day one. Ps3 was the console who's price was bitched about everywhere making me think it would benefit from a price cut more than any other console.

A better bet for nintendo may be to release more of their popular franchises and new colors. Also, I think the wii sales should increase during the holidays but I won't claim to be an analyst so take my predictions with a grain of salt

I agree.



 

saicho on 11 September 2009
Pristine20 said:
I honestly don't think a price cut would do much for the wii because I've never really seen price as an obstacle to anyone who wanted the console. At $250, it's been "cheap enough" from day one. Ps3 was the console who's price was bitched about everywhere making me think it would benefit from a price cut more than any other console.

A better bet for nintendo may be to release more of their popular franchises and new colors. Also, I think the wii sales should increase during the holidays but I won't claim to be an analyst so take my predictions with a grain of salt

that's true. However, at the same time, consumers also expect "older product" receives price drop over time and it hasn't happened to Wii in almost 3 years.



MikeB predicts that the PS3 will sell about 140 million units by the end of 2016 and triple the amount of 360s in the long run.

steverhcp02 on 11 September 2009
kowenicki said:
Well he is right about the Wii isnt he? It is down 50% in the US and 25% Globally.

I cant believe Ninty dont have a sizeable pricecut planned.

My best guess is nintendo is still making oodles of money, and theyre not really concerned without outselling the PS3 and 360 because they still will with the wii this holiday.

Nintendo is selling th emost consoles because theyre not making business decisions based on competitors actions. They make them based on their bottom line in their own bubble. Thats why theyre successful.




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patjuan32 on 11 September 2009
saicho said:
Pristine20 said:
I honestly don't think a price cut would do much for the wii because I've never really seen price as an obstacle to anyone who wanted the console. At $250, it's been "cheap enough" from day one. Ps3 was the console who's price was bitched about everywhere making me think it would benefit from a price cut more than any other console.

A better bet for nintendo may be to release more of their popular franchises and new colors. Also, I think the wii sales should increase during the holidays but I won't claim to be an analyst so take my predictions with a grain of salt

that's true. However, at the same time, consumers also expect "older product" receives price drop over time and it hasn't happened to Wii in almost 3 years.

But, you are forgetting that the HD consoles have had big releases this year, Street Fighter 4 and Resident Evil 5 are a few examples of this, but the Wii has had two major releases, Wii Sports resort and Monster Hunter 3, in japan. You could count the Conduit and Tiger woods 10, But even then it still does not match the number of big games released this year for the HD consoles. In order for the Wii to pick up in sales more games need to be released. This provides value to the console.



If Nintendo is successful at the moment, it’s because they are good, and I cannot blame them for that. What we should do is try to be just as good.----Laurent Benadiba

 

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steverhcp02 on 11 September 2009
patjuan32 said:
saicho said:
Pristine20 said:
I honestly don't think a price cut would do much for the wii because I've never really seen price as an obstacle to anyone who wanted the console. At $250, it's been "cheap enough" from day one. Ps3 was the console who's price was bitched about everywhere making me think it would benefit from a price cut more than any other console.

A better bet for nintendo may be to release more of their popular franchises and new colors. Also, I think the wii sales should increase during the holidays but I won't claim to be an analyst so take my predictions with a grain of salt

that's true. However, at the same time, consumers also expect "older product" receives price drop over time and it hasn't happened to Wii in almost 3 years.

But, you are forgetting that the HD consoles have had big releases this year, Street Fighter 4 and Resident Evil 5 are a few examples of this, but the Wii has had two major releases, Wii Sports resort and Monster Hunter 3, in japan. You could count the Conduit and Tiger woods 10, But even then it still does not match the number of big games released this year for the HD consoles. In order for the Wii to pick up in sales more games need to be released. This provides value to the console.

I agree. But its hard for me to agree to an extent only because Hardware bumps due to software releases usually go hand in hand with new introductions of known Ip's through the generation.

I think a new Zelda would bump Wii hardware considerable just because it will be the first since launch. But SMG and SSBB Mario Kart Wii, Wii Fit etc. already will have lured in those buyers. Perhaps it will increase slightly, but i dont think it would have a long enough effect week to week like a known IP's berth on a new generation.




Get Your Portable ID!

saicho on 12 September 2009
patjuan32 said:
saicho said:
Pristine20 said:
I honestly don't think a price cut would do much for the wii because I've never really seen price as an obstacle to anyone who wanted the console. At $250, it's been "cheap enough" from day one. Ps3 was the console who's price was bitched about everywhere making me think it would benefit from a price cut more than any other console.

A better bet for nintendo may be to release more of their popular franchises and new colors. Also, I think the wii sales should increase during the holidays but I won't claim to be an analyst so take my predictions with a grain of salt

that's true. However, at the same time, consumers also expect "older product" receives price drop over time and it hasn't happened to Wii in almost 3 years.

But, you are forgetting that the HD consoles have had big releases this year, Street Fighter 4 and Resident Evil 5 are a few examples of this, but the Wii has had two major releases, Wii Sports resort and Monster Hunter 3, in japan. You could count the Conduit and Tiger woods 10, But even then it still does not match the number of big games released this year for the HD consoles. In order for the Wii to pick up in sales more games need to be released. This provides value to the console.

The big releases mostly affected Japan market... If what you stated is true, why would PS3 receive a price cut since it has more big releases this year than Wii?



MikeB predicts that the PS3 will sell about 140 million units by the end of 2016 and triple the amount of 360s in the long run.

gustave154 on 12 September 2009

coool



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leo-j on 12 September 2009

Pachter is an idiot, he continually goes against his previous expectations, first off his prediction in the beginning of this generation was that everyone will think the wii has won, then it will do a near 180 around the middle of the generation once the competition gets down to wii's $249 price.

Now he doubts the ps3 can go beyond a 100 percent increase in hardware in September now that its at $299.

Everything he says contradicts his pervious expectations.



 

mM
DaBuddahN on 12 September 2009

Wii price-cut won't do much.