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Monday, September 14, 2009

The Love Affair is Over Wii see sales Decline 39%

Sales of the Nintendo Wii has slumped and analyst is predicting the trend to continue. With Sony and Microsoft enjoy the benefits of the newly implemented price cuts, Nintendo may be facing the pressure to cut the price of the Nintendo Wii very soon.

Wii sales were 227,400 during August, down 39 per cent year-on-year, and the downward spiral is set to continue next month, unless Nintendo offers fresh deals or lower prices to consumers.

"With the core PS3 and Xbox 360 models priced only USD 50 higher than the Wii, we expect year-over-year sales of Wii hardware to continue their annual declines until the company either changes its bundle or lowers price," said Pachter.

"Wii unit sales are 50 per cent below last year’s level over the last five months, and we think that September sales will repeat the pattern."

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