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Nintendo Missing Out On $1.3 Billion Due to Wii ShortagePosted 4:53pm Fri Dec 14, 2007 by Aaron Dunlap Tags: Wii, Nintendo, finance, sales, wii shortage
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The New York Times has caught on to the fact that the Wii has been out for a year now and they're still impossible to get without waiting in a line or bruising your scruples on eBay.

From the article:

The unsated demand is costing Nintendo more than face. Estimates from industry analysts and retailers indicate that the company, which is based in Kyoto, Japan, is giving up $1 billion or more in sales in the ever-important holiday retail season, not including sales of games for those unbuilt consoles.

“It’s staggering,” said James Lin, senior analyst at the MDB Capital Group in Santa Monica, Calif., who estimates that Nintendo is leaving $1.3 billion on the table. “They could easily sell double what they’re selling.”


Well gee, maybe they should make some more....

Howard Stringer, head of Sony worldwide and never missing an opportunity to seem like a jackass, says, "I’m happy that the Wii seems to be running out of hardware" and again points out that the PlayStation 3 has finally started to outsell the Wii.

Now that there are no Wiis.

That's a cool thing to be proud of. The alternative is impossible to get, so your product is outselling it. Awesome. Kudos. Ten points to you.


A Year Later, the Same Scene: Long Lines... [nytimes.com]
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screemface

Yeah I heard about Sir Stringer's comments on the Wii shortage.  It's things like this that make me wonder why Sony even does ANY PR.  Between him, Kaz, and, well I don't know, name any Sony employee who has every said something publicly.  It'd be something else if they were ever trying to make a point, but they just make themselves sound arrogant and stupid.  What a disservice they are to their user base (and to the community as a whole).

 On the other hand, are they really MISSING out on $1.3 billion?  I'm not saying they couldn't make it, but look how much profit they've made thus far, I don't think they need MORE money. They're fine.

Reply | Posted: 6:02pm Sat Dec 15, 2007

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