psrock said: Can we not turn this thread into every one hates the Wii crap. It's one analyst giving his opinion. |
Nobody said "everyone hates the Wii," I think darth only assumed Arius did. This guy probably fits in the "Wii hate" category, though. Let's look at his reasoning:
One key takeaway from the holiday period is that there is ample demand for console hardware at reduced price points. Not only did Nintendo’s Wii benefit from a reacceleration in unit sales at lower price points ($149 in many stores), but PS3 sell-through is improving and the Xbox 360 is maintaining momentum.
The Wii is $149 in many stores? News to me. Funny how he mentioned PS3 sell-through improving, without mentioning the slim redesign along with its huge $100 pricecut.
While not surprising that the Wii disproportionately sold more units in 4Q, as it remains a popular gift item, the recently reported 3+ million units sold in December exceeded our expectations. However, we remain cautious in modeling follow-on Wii sales in 2010
The Wii exceeds expectations, but they remain cautious about the system. Why? He gives no explanation. Call me crazy, but it looks like the guy just really wants the console to fail.
With an increasing interest in HDTVs and a solid software lineup for Sony's console, we'd expect the PS3 to have a great year in 2010. The Wii, on the other hand, may need to incorporate another price drop to $149 to further entice consumers.
This is the 2006-2007 argument of "HD consoles will overtake the Wii, because HDTV adoption rate will increase!" In reality, this hasn't been the case. The guy then mentions the Wii needs another price drop to entice customers, yet no mention is given for the HD consoles, which have needed multiple cuts in order to sustain momentum - the Wii made it this far with only one.
I can't take this guy seriously. A 20% drop for the Wii is freakin huge.
Also, 2 people have mentioned how the PS3 has always sold more year after year, but this is not a useful trend. Do you think it'll continue to sell better every single year? It simply hasn't reached its peak yet, and assuming it'll increase for 2010 just because it did the same every previous year makes little sense.