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1 Million Wiis To Be Sold in U.S. By December

Zonk posted more than 7 years ago | from the like-our-shiny-new-icon? dept.

206

Gamasutra reports on comments by Nintendo's Reggie-Fils Aime, who is claiming the company will have sold 1 Million Wii consoles by December 1st. From the article: "Nintendo's previously stated plans called for the company to ship approximately 4 million consoles globally before the end of 2006. It is not clear whether the new figures stated by Fils-Aime are still in line with these numbers, since no estimate for Japanese or European sales were given. Sony's plans call for 1 million consoles sales in the U.S. by the end of March, 2007. When interviewed by Reuters, Fils-Aime also commented on the potential lifespan of the Wii, suggesting that a four, five or even six year lifespan was 'just about right.'"

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206 comments

Not to shout "this isn't news but"... (3, Insightful)

east coast (590680) | more than 7 years ago | (#16918698)

Is there really any question that Wii is going to sell a million units if their available? PS3 would do the same at over twice the price...

Yes but the PS3 is to looking like a disaster (5, Informative)

Anonymous Coward | more than 7 years ago | (#16918786)

I doubt the PS3 would accomplish this (1 million in sales by December) if the units were available. There has been a lot of news out lately in regards to what a disaster the PS3 is turning out to be for Sony. Here is a listing of a few of the problems reported already:

- Poor backward compatilibity with PS1 and PS2 games (http://www.msnbc.msn.com/id/15712585/)

- Numerous high def upscaling issues including PS3 BluRay movies not appearing in high definition properly (http://loot-ninja.com/2006/11/19/ps3-hd-scaling-i ssues-other-annoyances/)

- A very poor online system, as compared to the Xbox Live System (http://www.nytimes.com/2006/11/20/arts/20game.htm l)

- No high definition cables ship with the system, you are stuck with a composite cable unless you pay extra (http://www.nytimes.com/2006/11/20/arts/20game.htm l)

- Poor graphics on side to side game comparison tests: http://www.gamespot.com/ps3/sports/tonyhawksprojec t8/review.html?sid=6161341 [gamespot.com]

- Poor framerates and "tearing" reported on multiple game titles, including Tony Hawk and Mobile Suit Gundam: Crossfire (http://www.gamespot.com/ps3/sim/gundamworld/revie w.html)

- Poor buggy development tools which make development very hard as compared to other current gen systems (http://www.redherring.com/Article.aspx?a=19611&he d=Atari+Founder+Likes+Xbox360%2C+Disses+PS3&sector =Industries&subsector=EntertainmentAndMedia)

- Multiple launch titles cancelled or delayed due to development issues (http://www.gamesarefun.com/news.php?newsid=7200)

With the Xbox 360 already having 7 million units sold worldwide, the Wii approximately 500,000 units, and the PS3 only having sold 200,000 units in North America and 80,000 units in Japan and none in Europe it is hard to see Sony succeeding with the PS3. The PS3 may be the largest disaster yet for Sony this year, with each PS3 losing $306 for Sony (http://www.videogamesblogger.com/2006/11/16/ps3-l oses-up-to-306-per-unit-xbox-360-profits-76-per-sa le.htm) and the PS3 having the lowest attach rate (0.98) in the industry.

Re:Yes but the PS3 is to looking like a disaster (4, Informative)

ThosLives (686517) | more than 7 years ago | (#16918988)

with each PS3 losing $306 for Sony

You know, I doubt Sony counts this as a "loss" - they probably book it as an "investment".

Think of it like this: if I spend $1000 on stock, I didn't "lose" $1000 - I invested it, with the hopes of getting more than $1000 back at some point in the future, but my returns are not guaranteed, just as Sony's returns are not. If Sony thinks that by spending (cost - revenue) per unit now will get them (cost + returns) later through game licensing, they don't consider it a loss, but a risky investment. It's only a "loss" at the end of the product cycle if (total sales - total cost) is negative when they stop selling.

I would think that any business-savvy folks would recognize this, but apparently the media is portraying this in a very one-sided manner and getting quite a few people to bite on the misinformation (units costing more than sale price is probably a fact - but it isn't a useful fact in and of itself).

That said, I don't know if the PS3 will end up being an investment for a gain or for a loss - and neither does anyone else.

Re:Yes but the PS3 is to looking like a disaster (3, Insightful)

99BottlesOfBeerInMyF (813746) | more than 7 years ago | (#16919076)

Think of it like this: if I spend $1000 on stock, I didn't "lose" $1000 - I invested it, with the hopes of getting more than $1000 back at some point in the future, but my returns are not guaranteed, just as Sony's returns are not.

You're more or less right, but there is a difference. If you invest in stock you get something, stock. You made a purchase that may or may not increase in value. When Sony loses money selling consoles they don't have anything. They have arguable increased their potential of selling games and movies. Thus, it is more like paying for advertising than it is investing in stock. This doesn't mean that the return is less likely, only that what they have purchased is more ephemeral. It also means their expenditure may be more exploitable by individuals who happen to want just that hardware, but who don't want any games or movies.

Re:Yes but the PS3 is to looking like a disaster (1)

UbuntuDupe (970646) | more than 7 years ago | (#16919434)

there is a difference. If you invest in stock you get something, stock. You made a purchase that may or may not increase in value. When Sony loses money selling consoles they don't have anything. They have arguable increased their potential of selling games and movies.

Well, true, until you realize that the "something" that is stock, is itself just the potential of it having future value -- just like the $306 loss "investment".

IMHO, the difference is that Sony's loss-leader investment is much less likely to earn a positive return :-P

Re:Yes but the PS3 is to looking like a disaster (1)

99BottlesOfBeerInMyF (813746) | more than 7 years ago | (#16919732)

Well, true, until you realize that the "something" that is stock, is itself just the potential of it having future value -- just like the $306 loss "investment".

Stock is not just the potential of something it is part ownership of a company. While a corporation may be a nebulous thing they do have real assets and cash and debts. So buying stock is a lot like buying gold or some other commodity. The value may go up or down or neither, but it is something purchased. This is how it is different from spending money on marketing, which is designed to persuade, but which does not actually buy anything other than potential.

Re:Yes but the PS3 is to looking like a disaster (1)

UbuntuDupe (970646) | more than 7 years ago | (#16919890)

That's a good point, and I wish fewer people would neglect the "ownership value" (e.g., including voting rights) that come with stock when talking about it's value. Still, I wish you wouldn't keep describing stock ownership as "having something", when the difference you were actually trying to highlight was that buying stock gives you ownership rights, while Sony's "investment" gives it no similar right. However, it can still "sell" what it "bought": Sony could sell to someone else the stream of software license revenues that result from such a loss leader, although that would be impractical due to the difficulties in differentiating sales that would vs. would not accrue from selling at a loss.

Re:Yes but the PS3 is to looking like a disaster (3, Insightful)

twistedsymphony (956982) | more than 7 years ago | (#16919910)

I think the GP's point is that you can buy stock, and if you need/want you can resell it and get your money back give or take what has changed. The Money Sony "spent" on console losses cannot be re-sold, similar to advertising you can't un-advertise something.

You also have to consider that it takes quite a hefty amount of game and accessory sales to make that $300+ back. Licensing for 3rd party titles is about $8 a pop, and Sony has arguably the weakest 1st party support out of the three major players so most of their games sales will be for 3rd party games. Even if you consider accessory markup around the 40-60% area you can only sell so many controllers and AV cables before people don't need to buy any more. Blu-Ray movie licensing is probably nothing compared to that of games. They're probably banking on PS3's helping move the format and thus the players that they can make money on. Unlike Microsoft they don't have an online service that brings in money, they also don't have memory cards to bring in money, or a network adapter accessory, etc.

Thinking about it further this money spend really is more like advertising then anything else. They're just doing what they can to get the console out there, to start the word of mouth and get people interested and excited about it so that when there are more games available and the consoles are easier to track down, and Sony's losses per unit aren't as high, they'll sell more of them. It also boosts word of mouth and desire for the Blu-Ray movies which in turn boost sales of the Blu-Ray players that they can make money on. It almost works to their advantage to have so few units out in the wild because it buys them time to reduce the cost of manufacturing, drives up demand from the short supply and the console is still out there for people as a tangible object.

Re:Yes but the PS3 is to looking like a disaster (3, Interesting)

planetmn (724378) | more than 7 years ago | (#16919624)

You're more or less right, but there is a difference. If you invest in stock you get something, stock. You made a purchase that may or may not increase in value. When Sony loses money selling consoles they don't have anything.

Sony bought a customer.

-dave

Re:Yes but the PS3 is to looking like a disaster (1)

99BottlesOfBeerInMyF (813746) | more than 7 years ago | (#16919780)

Sony bought a customer.

That is one way of looking at it, but in my mind a customer is someone who I'm profiting from, not who is profiting from me. I don't consider charging someone less than I paid for something to make them a customer (lot's or room for disagreement here). When they buy games which provide me a profit, they are a customer, but that is only one possibility when they buy the console. Maybe they're just going to pull the blu-ray drive out and put it in something else.

Re:Yes but the PS3 is to looking like a disaster (1)

planetmn (724378) | more than 7 years ago | (#16920276)

Just look at the whole razor argument. Sell the razor cheap, make the money on the cartridges. Same with consumer printers. The printers are cheap, the ink is expensive. Now, I wouldn't call a $600 video game console cheap (I'm still waiting for used Gamecubes to come down in price), but it's the same theory.

-dave

Re:Yes but the PS3 is to looking like a disaster (1)

99BottlesOfBeerInMyF (813746) | more than 7 years ago | (#16920336)

Just look at the whole razor argument.

I understand what they're doing and it is a reasonable business model. The point I was making, however, is that selling a loss leader is not the same as buying stock, but rather is more like paying for advertising because all you're buying is the potential of customers, not a real asset.

Re:Yes but the PS3 is to looking like a disaster (1)

ThosLives (686517) | more than 7 years ago | (#16920874)

I agree that buying stock is not the same as selling a console (at a loss). However, both are valid investements; if you consider selling a loss-leader as "advertisement" then there's no problem; most companies do indeed count advertising as an investment. Also, you don't have to invest in "tangible goods" to be an investment - education also comes to mind as an "intangible" investment...

Re:Yes but the PS3 is to looking like a disaster (1)

freeweed (309734) | more than 7 years ago | (#16920162)

So they'll make it up on volume?

Re:Yes but the PS3 is to looking like a disaster (1)

planetmn (724378) | more than 7 years ago | (#16920318)

As I posted above in reply to somebody else, it could just be the whole "razor" theory where you sell the razor for cheap, and make your money (hopefully) on the blades. Same has been done in the Inkjet market where the printers are cheap, and they hope to make the profits on ink. I don't know if that is what Sony is doing, but it's possible.

-dave

Re:Yes but the PS3 is to looking like a disaster (1)

Apotekaren (904220) | more than 7 years ago | (#16919284)

Too bad they will only start making money on the 6th or 7th game they sell(NEW) to the customer.
I can almost understand why Sony wanted to kill the aftermarket for used games. I said almost.

Re:Yes but the PS3, is it an investment? (1)

WillAffleckUW (858324) | more than 7 years ago | (#16919502)

Too bad they will only start making money on the 6th or 7th game they sell(NEW) to the customer.

Actually, it's $240 loss for the 20GB version, and $306 for the 60GB version, not to mention the loss for those people converting them into Linux servers ....

At that price point, they'd have to sell 6 games for the 20GB, and 8 for the 60GB version, just to break even.

Sony might want to rethink that. Nintendo makes a profit on the console itself, plus I bought three games already, which are only $50 instead of $60 for the PS3 versions, but it's still profit city from the getgo.

Re:Yes but the PS3, is it an investment? (1)

sqlrob (173498) | more than 7 years ago | (#16919748)

You've got it backwards. It $306 for 20, $240 for 60

Re:Yes but the PS3, is it an investment? (1)

WillAffleckUW (858324) | more than 7 years ago | (#16919908)

Are you serious? Oh, so they lose more on the base machine ...

Thanks!

Re:Yes but the PS3 is to looking like a disaster (1)

redragon (161901) | more than 7 years ago | (#16919580)

Yes, it's called a loss-leader. And I don't think it's going to pay dividends.

Re:Yes but the PS3 is to looking like a disaster (1)

RingDev (879105) | more than 7 years ago | (#16919980)

I'm curious as to the odds on that investment. I have never owned a console in my life (I'm a PC gamer), but I've lived with a few stoners over the years.

Those guys had pretty much every console that came out. But I don't think they had more than 5-10 games for any of them. I don't know if they are representive of the average consumer, but if they are, Sony would have to expect a $30+ profit per game sold. That seems a bit out of line considering that most of these games will sell between $45-$65. Does anyone have better numbers or knowledge on the subjet?

-Rick

Re:Yes but the PS3 is to looking like a disaster (1)

Chaffar (670874) | more than 7 years ago | (#16919276)

- Poor backward compatilibity with PS1 and PS2 games (http://www.msnbc.msn.com/id/15712585/)
Because msnbc is most definitely THE source of unbiased news about the PS3. No question about that.

Re:Yes but the PS3 is to looking like a disaster (1)

planetmn (724378) | more than 7 years ago | (#16919714)

Because msnbc is most definitely THE source of unbiased news about the PS3. No question about that.

Do you have any evidence of bias? Just because there is a potential conflict of interest doesn't mean that it is acted upon.

-dave

Re:Yes but the PS3 is to looking like a disaster (4, Insightful)

Pluvius (734915) | more than 7 years ago | (#16920202)

One thing that pops to mind is the fact that Microsoft has been far, far worse about keeping its promises of backwards compatibility than Sony has been thus far. That fact is mentioned nowhere in the article. Of course, the article is not an editorial and thus wouldn't be expected to mention such a thing, but it does reveal the biases of the AC who linked it.

Rob

Re:Yes but the PS3 is to looking like a disaster (1)

Meagermanx (768421) | more than 7 years ago | (#16920232)

Microsoft has proven, time and again, that it is out for your best interests.
Why would you even question them?

Re:Yes but the PS3 is to looking like a disaster (2, Informative)

Hassman (320786) | more than 7 years ago | (#16920490)

You do realize that the article linked is a Reuters article. Reuters has nothing to do with MSNBC...kinda like the AP. It just happens to be on MSNBC, which by the way is more NBC than MS.

Say it with me... Think, then post. THINK, then post. I know you can do it.

Re:Yes but the PS3 has sucky games (2, Interesting)

WillAffleckUW (858324) | more than 7 years ago | (#16919364)

Additionally, all the game reviewers (justly) savaged the PS3 games - except for Resistance: Fall of Man, they are so lame as to want to make you barf.

Can't say I blame them - after sitting thru the reviews, I'd be angry at the quality of the release games for the PS3.

Not the same on the Nintendo Wii side - so far, all the games are great! Zelda - well, it's Zelda - my son and his friend were jazzed, but I never really was into that game. But it works well. They still have to master the jumping on pillars thing.

Rayman's Raving Rabbids is everyone's favorite - it's just plain FUN! Plus, those bunnies can dance! If you hate dancing, well, you might not like it, but otherwise this is the gem of release day.

Excite Truck is cool. Glad we got it.

And the bundled Wii Sports is amazing! Boxing tires you out, Golf is cool, Bowling takes a bit to get used to (hint - line up with the sensor bar), and the others are good too.

Re:Bowling doesn't use the sensor bar (2, Informative)

Anonymous Coward | more than 7 years ago | (#16919604)

Bowling takes a bit to get used to (hint - line up with the sensor bar)

That's a terrible hint. For the record I regularly bowl over 200 in Wii Sports' Bowling so I do know what I'm talking about.

None of the Wii Sports games use the sensor bar. It is only used when you are selecting things from menus; even then you can still use the control pad as an alternate. Don't believe me? Try covering up the sensor bar or bowling from another room. It still works the same.

A better (read: useful) tip is to watch your timing on releasing the B button when bowling. You want to release just as your Mii is bringing the ball back up.

Re:Bowling doesn't use the sensor bar (1)

WillAffleckUW (858324) | more than 7 years ago | (#16920246)

So, you're saying I curve because I release the ball to late?

Oh. I thought it was my bowling form.

Hint to everyone: clear off a large portion of space to play the games in, or you'll whack people a bit.

I'll try it on Turkey Day.

How long will you be playing these games? (2, Interesting)

jchenx (267053) | more than 7 years ago | (#16920376)

I haven't picked up a Wii yet (had no intentions of camping overnight for a console), but probably will later this year, primarily just for Zelda.

That said, I've been reading a lot of reviews for these games (Zelda, Excite Truck, and Wii Sports in particular), and it's generally only Zelda that has gotten the big thumbs up. The other two are fun, but it's questionable how long you'll be playing them. One of my biggest concerns is that some of the first Wii games are going to be like the first DS games ... interesting for a little bit, since it uses a new play-mechanic, but ultimately stale in the long run.

Are you finding this to be true? I wonder if it depends on the audience as well. If you're a hardcore gamer, then no doubt games like Excite Truck and Wii Sports are not going to hold your attention very long. But if you're a casual gamer, which is who Nintendo is now targeting, those games might be good enough for you. And hardcore gamers will still have titles like Zelda: Twilight Princess to obsess over.

If it's anything like the DS, it's probably going to take a few months before developers really "get it" in terms of how to use the Wii-mote properly. Already reviews are starting to show that some games (Red Steel in particular) do it badly, while other games do a better job.

Re:How long will you be playing these games? (1)

WillAffleckUW (858324) | more than 7 years ago | (#16920844)

Don't count out Rayman's Raving Rabbids - that's the most fun of all the games I've played!

Oh, and we tried a GameCube game and stuck in two of the GameCube controllers and it was sweet. Graphics were better, load times super fast, and absolutely no probs.

I'm very happy with the games. As to using the Wii-mote - when I did the Wii Age Test, it made me play Tennis - hadn't played the game yet - and I was able to hit more than half of the volleys right off the bat. Same with the Baseball test - I was hitting the ball way more than I'd expect when I'd never used the controller before that day, or the game.

I heard a lot of the PS3 games aren't very PS3-like, more like old-style PS2 or xBox360 games.

Your mileage may vary, of course.

Re:Yes but the PS3 is to looking like a disaster (2)

swanky street (1029822) | more than 7 years ago | (#16919658)

Kind sir, I most definitely agree with you. PS3 seems like it's set up for a heavy drop down into the shitter. As always, there will be loyal fans of the platform who will buy it out of devotion, screaming and bawling kids who just think it looks cool and will practically tear their parents' hair out to get it, and those who just seem to have too much money and want to "try it out." Such will be the market for this new system. Regretfully, the PS3 seems to be taking the same path downhill that the Dreamcast laid out years ago. Let's cross our fingers and hope for the best, like a severe drop in the system's price :P

Re:Yes but the PS3 is to looking like a disaster (2, Insightful)

Total_Wimp (564548) | more than 7 years ago | (#16919868)

I doubt the PS3 would accomplish this (1 million in sales by December) if the units were available.

Funny, you gave a lot of URLs for articles that say various negative things about the PS3, but not a single article to bolster your main point, that you believe they would have trouble with sales. On the other hand, Sony had 400k units go out the door in minutes on launch day (Please show me figures if you believe it's lower, because everything I read shows the higher number), with lots of frustrated people paying big bucks on eBay because of very high demand.

I had thought that the Wii was going to be 4 million units strong yesterday. I was impressed that they sold out that many units. As time goes on today, I find out that the true number was much lower. The leisurly sell-out of 500k units actually looks kind of bad for Nintendo in the demand are. Based on the launch day alone, it looks like there was much stonger demand for the PS3.

Once again, say all you want about how bad you think the PS3 is and how great the Wii. you may be wrong and you may be right. But don't try to tell me the Wii is more popular at lauch. Unless you got some cool numbers the rest of us have never seen, it's just fantasy talk. Even if you do have the numbers, you'd be hard pressed to tell me week long lines compare to breezing into the store and haveing no problem getting your box, even though the numbers were closer than everyone thought.

TW

Re:Yes but the PS3 is to looking like a disaster (0)

Anonymous Coward | more than 7 years ago | (#16919894)

Wow, looks like we've got the Xbox360 version of the Sony Troll. The PS3 is out three days and now the 360 Troll is claiming numbers about the attach rate - not exactly a good sample size there...

Re:Yes but the PS3 is to looking like a disaster (1)

brkello (642429) | more than 7 years ago | (#16919996)

With the Xbox 360 already having 7 million units sold worldwide, the Wii approximately 500,000 units, and the PS3 only having sold 200,000 units in North America and 80,000 units in Japan and none in Europe it is hard to see Sony succeeding with the PS3.

Did you hack Zonk's computer and steal all his bookmarks?

Seriously though, your statement is jumping the gun here. And mostly comes off as fanboy garbage. Yeah, Sony hasn't sold as many units but it has sold out all of the units it has produced. Ultimately (or obviously), it is the (exclusive) games that matter. It will be a bit of time before the big games hit the PS3. If a release of FFXIII is a flop, then I think you can admit a Sony defeat.

Most of your complaints are things that can be improved with time. All of the issues are mostly overstated by fanboys of other consoles. From all the opinions I have read from unbiased sources (like GI), they seem to be fairly impressed with the system. But it really just comes down to exclusives.

I would like to commend you. I am pretty sure this is a troll/flamebait due to your last comment, but you did link your sources!

Re:Yes but the PS3 is to looking like a disaster (0)

Anonymous Coward | more than 7 years ago | (#16920446)

As I don't own any Sony products and only conceive of buying a PS3 in a year or more (mostly to play the best PS2 games I've missed), I'm no fanboi. But most of what you claim is pretty irrelevant in the broader scheme and in no way determinative, in whole or in part, of Sony failing with the PS3.

"- Poor backward compatilibity with PS1 and PS2 games"

Sony has said various glitches affect about 200 games out of a library of 4000. You can bet the major and popular games are error free. The problem can also probably be solved with a future patch. As a result, I don't see a lot of consumers worrying about this, especially since many of them already have a PS2 handy.

"- Numerous high def upscaling issues including PS3 BluRay movies not appearing in high definition properly"

I believe this only effects certain older TVs and that there are work arounds in those cases.

"- A very poor online system, as compared to the Xbox Live System"

Just like XBox Live or Nintendo's service, Sony's online service is certain to see great improvement over time. The real test for Sony's success will be next Christmas, by which time I'd expect their online service to be pretty good.

"- No high definition cables ship with the system, you are stuck with a composite cable unless you pay extra"

A deal breaker for anyone, especially those have already demonstrated they are willing to pay a little extra for an expensive and pretty TV? I doubt it.

"- Poor graphics on side to side game comparison tests"

If anywhere, you might have a point with this one. Sony is going to have to pull some hot shit out of their arse to justify the cost of the machine. I think escalating the "tech superiority wars" is ultimately bad for gamers and the console market (as does Nintendo, obviously), but that market is also changing. Its no longer about the "console" as a game machine. Soon the consoles will be ubiquitous digital appliances that people freely buy in lieu of a PC. Linux on PS3 and the News/WEather content on the Nintendo Channels merely foreshadows this.

"- Poor framerates and "tearing" reported on multiple game titles, including Tony Hawk and Mobile Suit Gundam: Crossfire"

While definitely unimpressive for a machine that is supposed to be uber powerful, any console gamer is familiar with the gradual improvement in software quality as developers become more accustomed to the hardware. Perhaps this is less true now than when 3D gaming technology itself was a new paradigm, but I think most still accept it.

"- Poor buggy development tools which make development very hard as compared to other current gen systems"

Correct me if i am wrong but I think Sony has more third-party developers signed than either MS or Nintendo. If you build it, they will come. And again, continued developer support will really only start to take a hit next Christmas if big sales of the console fail to materialize.

"- Multiple launch titles cancelled or delayed due to development issues"

Thats nothing new and certainly not particular to Sony, even as compared to the Wii.

The funny thing is, you didn't raise what I think is the biggest hurdle that Sony has to overcome: the fact that many people are still plenty happy with their PS2 and that the PS3 doesn't offer them any particularly radical reason to upgrade or as an alternative to buying into a second platform.

Re:Yes but the PS3 is to looking like a disaster (0)

Anonymous Coward | more than 7 years ago | (#16920500)

I'm surprised that crap like this is getting modded up on Slashdot. Almost every point you made is due to your lack of understanding layered with complete bias.

The "poor backwards compatibility" that you claim happens in about 200 games out of a library of thousands of PS1 and PS2 games. Calling it "poor" is absurd, especially when one considers Xbox360's backwards compatibility.

The "numerous" upscaling issue occurs on older HDTVs.

Which other console ships with a HD cable?

Given the specs, poor graphics and framerate is NOT the result of Sony's hardware. Do you blame the numerous Windows bugs and security problems on hardware, too?

The comment about Sony not being able to sell 1 million units is, to put it bluntly, stupid.

Re:Not to shout "this isn't news but"... (1)

DubbaJ (691044) | more than 7 years ago | (#16918816)

That's the point. They're saying the units WILL be available (as opposed to the PS3).

Re:Not to shout "this isn't news but"... (1)

Fozzyuw (950608) | more than 7 years ago | (#16918838)

I agree, however...

four, five or even six year lifespan

I can say I sure hope it's not a 4 year life span! I could live with 6, where is the decline of the systems popularity due to a new system being launched... Unless said new system is 100% backwards compatible again, like the Wii, so I could trade in my Wii and keep the games I love.

Re:Not to shout "this isn't news but"... (1)

chrismcdirty (677039) | more than 7 years ago | (#16919972)

Gamecube had about a 4 year lifespan, I'd say. I love it, but I can't think of any games worth buying that came out in this past year. Maybe someone else can enlighten me.

Re:Not to shout "this isn't news but"... (4, Interesting)

blueZhift (652272) | more than 7 years ago | (#16918860)

A million sales won't be a surprise. The fun begins when/if the Wii begins to vastly outnumber the PS3s available. Ramping up really fast will no doubt attract a lot of development that doesn't want to wait around for there to be enough PS3s. This time next year may well tell the tale of who wins this round of console wars.

Re:Not to shout, but dev costs for the Wii (3, Interesting)

WillAffleckUW (858324) | more than 7 years ago | (#16919450)

A million sales won't be a surprise. The fun begins when/if the Wii begins to vastly outnumber the PS3s available. Ramping up really fast will no doubt attract a lot of development that doesn't want to wait around for there to be enough PS3s.

Additionally, it's only $2000 for a dev kit for the Wii, but $20,000 for a dev kit for either the PS3 or the xBox360. I can see developing fun games in a small shop for the Wii on a lark - or even a hobby (ok, I'm not poor) - but $20K? This will probably result in a lot more ports to the Wii than you'd expect - not just because 95 percent of game developers seem to be buying Wii consoles for themselves - but also because it's a new mode of play.

I'd love to play the Lego Star Wars II version of the Wii, with my Wii-mote humming when I use it as a light saber, or pinging when I use it as a phase pistol! Plus, I can see doing force moves with the nunchuk!

Re:Not to shout "this isn't news but"... (1)

brkello (642429) | more than 7 years ago | (#16920046)

This does seem to be the best thing that could happen for Nintendo. When a developer see the numbers of Wii sold, they will want to develop for them. More (quality) games will mean more "must-have" titles thus encouraging more sales. I'm still in wait-and-see mode to determine how well the new controller will work (I never buy first rev consumer electronics). But this is a bright start for Nintendo.

Re:Not to shout "this isn't news but"... (0)

Anonymous Coward | more than 7 years ago | (#16919028)

Well, I was under the impression that there were 1 million Wiis available at launch. So this is news to me.

Re:Not to shout "this isn't news but"... (0)

Anonymous Coward | more than 7 years ago | (#16919098)

Yeah, we just had a giant thread with massive number of people all claiming 1 million+ launch sales for the Wii. So much for that crazy talk. Nintendo can't be anywhere near a million units sold at launch if they are a week and a half away from reaching that target.

Re:Not to shout "this isn't news but"... (1)

HappySqurriel (1010623) | more than 7 years ago | (#16920262)

Yeah, we just had a giant thread with massive number of people all claiming 1 million+ launch sales for the Wii. So much for that crazy talk. Nintendo can't be anywhere near a million units sold at launch if they are a week and a half away from reaching that target.

We know that Nintendo has said that they expect to sell (not Ship) 1 Million units before early December; this would mean that Nintendo has either shipped 1 Million units already or expects to meet that number soon (say, this week). Now, it's pretty safe to assume that Nintendo is being pretty conservative on their sales because they have not recieved any confirmation on how many units have been sold so far; they know that it sold well, and is in a virtual sell-out position but don't have exact numbers yet. (You virtually sell out when 90%-95% of your systems have sold so it is unaviable in most places)

Until we have confirmation (from Nintendo or NPD) there is very little that can be said about how many units were sold yesterday; all we can say is there were far more Wii sold than PS3 sold this month.

So Much For The Bogus Launch Numbers (0, Flamebait)

Anonymous Coward | more than 7 years ago | (#16918788)

So much for the Nintendo fans screaming about the Wii selling 1-1.2 million units at launch. Nintendo drastically cut back the number of units just before launch.

Tear up those multi-million lead over the PS3 Nintendo fans were prematurely bragging about. Sony is saying they will have a similar amount by mid-December too.

Re:So Much For The Bogus Launch Numbers (0)

Anonymous Coward | more than 7 years ago | (#16918978)

Yeah no - In my home town there were 3 stores with well over 70 people lined up at each store.
All the EB stores had around 20-40 people lined up too. I am sure Nintendo has sold over a million units already!

Re:So Much For The Bogus Launch Numbers (2, Funny)

killmenow (184444) | more than 7 years ago | (#16919322)

Parent post brought to you by Sony Employee #3193.

Re:So Much For The Bogus Launch Numbers (0)

Anonymous Coward | more than 7 years ago | (#16919398)

"Parent post brought to you by Sony Employee #3193."

Nope. OP brought to you by REALITY. Everyone be cool and don't go back and read all the wild claims Nintendo fanboys made about the Wii launch numbers in the previous Wii story posted this morning. There are a lot of embarrassed Wii fanboys right now...

Re:So Much For The Bogus Launch Numbers (2, Funny)

Anonymous Coward | more than 7 years ago | (#16920280)

There are a lot of embarrassed Wii fanboys right now...

Well, that beats injured, robbed or dead Sony fanboys.

Re:So Much For The Bogus Launch Numbers (0)

Anonymous Coward | more than 7 years ago | (#16919470)

Re:So Much For The Bogus Launch Numbers (0)

Anonymous Coward | more than 7 years ago | (#16919568)

If you read the article, they say that Sony will have half as many as well. So who exactly is supposed to be laughing here?

Re:So Much For The Bogus Launch Numbers (0)

Anonymous Coward | more than 7 years ago | (#16919682)

Laughing? A few months ago people were claiming Nintendo would have a many millions of unit lead over Sony by the end of 2006. Now that number is down to maybe a million at the end of 2006 assuming both consoles hit their ship numbers. And PS3 production is supposedly ramping up quickly to where they can put out something like a million a month, whereas Nintendo already is at their peak capacity. So as long as sales are supply constrained, Sony will start to rapidly catch up as production moves to full capacity.

Re:So Much For The Bogus Launch Numbers (0)

Anonymous Coward | more than 7 years ago | (#16920066)

And PS3 production is supposedly ramping up quickly to where they can put out something like a million a month, whereas Nintendo already is at their peak capacity.

The PS3 unit predictions keep dropping. First it was going to be four million by the end of the year, then 2 million, now just 1 million. The analysts are predicting a mere 750,000 units by the end of the year. Nintendo has already shipped more units than the PS3 (though we don't know how many), and has now cut their estimates to 2 million by the end of the year.

The point is, the situation is looking glum for both of them. The real question is, are the two of them actually going to meet their targets for Christmas? Because if they don't, they'll miss their biggest opportunity to distribute their consoles. If history is any indicator, it won't matter in January that their production is ramped up. Demand *will* fall. They both may have to wait until next Christmas to get another big shot at the market.

Re:So Much For The Bogus Launch Numbers (3, Informative)

HappySqurriel (1010623) | more than 7 years ago | (#16920306)

Nintendo has already shipped more units than the PS3 (though we don't know how many), and has now cut their estimates to 2 million by the end of the year

The only numbers Nintendo has ever claimed was 4 Million units sold worldwide by the end of 2006; North America is less than half the market yet Nintendo expects North America to sell half of their anticipated Worldwide numbers, which means either Nintendo is on track or Nintendo is being optimistic.

Re:So Much For The Bogus Launch Numbers (1)

HappySqurriel (1010623) | more than 7 years ago | (#16919794)

Did he actually tell us how many units were shipped? Because I didn't see that anywhere ... We did (however) hear that they intended to sell 1 Million by early December; if they had launched with more than 1 Million units already this could be trivially true. The fact is that there are reports of the Wii selling out and I have yet to hear of a store that had more PS3s than Wiis (in fact I have yet to hear of a store that had less than twice as many Wii units as PS3 units).

Re:So Much For The Bogus Launch Numbers (1)

Anonymous Coward | more than 7 years ago | (#16920026)

RTFsummary. 1 million units IN THE U.S. Probably a lot more worldwide, especially in Japan.

Mod Parrent UP (1)

HappySqurriel (1010623) | more than 7 years ago | (#16920576)

I'd mod you up if I had points ...

RTFsummary. 1 million units IN THE U.S. Probably a lot more worldwide, especially in Japan.

The fact is that most people have claimed "1 Million Units in North America" and this is specifically about the US. The Wii was Launched in North America on Sunday with approximately 10% of the systems going to Canada; in order for 1 Million units to be sold in the United States at this ration 1.11 Million units would have to be sold in North America. If you assumed 1 Million units shipped up front, with 100,000 each following week (all of which sold out) it would be sometime in your third shipment (second restock) that you'd break 1 Million units sold in the United States; completely on track with his statement.

Re:Mod Parrent UP (2, Informative)

Pluvius (734915) | more than 7 years ago | (#16920680)

Excellent deduction, except for the fact that that's not what Nintendo said.

"Nintendo of America president Reggie Fils-Aime has stated that he expects the company will have sold 1 million units in the Americas by early December and 2 million by the second week in January."
[Emphasis added.]

Zonk just screwed up the /. headline is all.

Rob

Compare to GameCube (2, Interesting)

Pluvius (734915) | more than 7 years ago | (#16918894)

That system sold roughly 700K in its first two weeks. Considering the fact that the Gamecube is considerably more popular than the N64 was (thus generating more brand loyalty), going up to 1M would not be an unexpected boost.

Oh, and for the record, the Dreamcast sold about 500K in its first two weeks, and that was outside of the holiday season and limited by supply. As usual, launch figures don't prove much of anything.

Rob

Re:Compare to GameCube (1)

ink (4325) | more than 7 years ago | (#16919696)

The Nintendo 64 sold 32.93 million units, while the GameCube sold 21 million units (and counting, I suppose). This would imply that it wasn't as successful as the '64.

Re:Compare to GameCube (1)

Pluvius (734915) | more than 7 years ago | (#16920044)

I said "popular," not "successful." A lot of those N64 sales came relatively soon after launch, when Nintendo was still the 500-pound gorilla in the industry. (I got an N64 myself when it came out; a stupid mistake on my part.) There's also the fact that that generation was a two-system war; the Saturn might as well not even have existed, unlike the XBox.

As for the GameCube, not only was the media a lot better (being both cheaper and more spacious), but it nabbed more big third-party exclusives, like a couple of Resident Evil games (though not RE4, unfortunately for Nintendo) and the Metal Gear Solid remake. Not a lot, but still much more impressive than the weak showing that the N64 put out.

Rob

Re:Compare to GameCube (0)

Anonymous Coward | more than 7 years ago | (#16920794)

Check gamerankings.com. Out of the top 10 most critically-acclaimed games, three of them are N64 exclusives. The 64 had some very, very good games.
The the cube was more of a disappointment - Wind Waker was a bit dull, Sunshine wasn't as fun as Mario 64, Metroid was OK but somewhat overshadowed by Halo (maybe not deservedly, though I've got to say the Metroid controls were awful). Resi 4 was superb, but the PS2 version had extra content. A bit "meh" all round.

Re:Compare to GameCube (1)

revlayle (964221) | more than 7 years ago | (#16919750)

Not true. The N64 sold (about 32 million) approximately 10 million more units worldwide than the GameCube ever did (about 21-22 million). Also, the N64 sold 500K units in *24 hours* (I have no data to verify if the N64 sold at least another 200K in the following two weeks, however). Yes, this info is easily on Wikipedia - other places too with a bit of research.

They Get it... (1)

Brothernone (928252) | more than 7 years ago | (#16918898)

So far so good. It's the day after launch and most Wii owners are still playing or asleep. I like Reggie's idea for this console and any company that thinks 5-6 years is a good console can only be good news. I think the Wii is really is a great possition to sweep the PS3 aside for sales. It's not just the supply train, but the image. So far the ps3 has had nothing but bad publicity about it's launch. It will be interesting to see if they can really provide the number their shooting for.

Wrong About Sony Numbers (1)

RichardMarks (1011125) | more than 7 years ago | (#16918932)

Sony has stated 400k units were in the initial US launch shipment. And just a day or two ago they stated they have 600k units that are starting to be air shipped to the US at a rate of some 100k a week. The first units of the second wave of PS3s is supposed to be in stores in the next day or two.

That obviously will put the PS3 near one million in the US around the end of December.

Re:Wrong About Sony Numbers (-1, Flamebait)

Anonymous Coward | more than 7 years ago | (#16919046)

You keep repeating this, but you have no links to back that up. I realize you are the AC anti-Xbox 360/Wii troll but even you must see the disaster that the PS3 is shaping up to be.

With the PS3 ebay auction prices plummeting with the all the news of the numerous problems that the PS3 has it is doubtful that Sony will be able to keep the hype up for long. The PS3 is #3 (out of 3) in sales in next-gen systems, behind the Xbox360 and the Wii. No one expects this to change.

Re:Wrong About Sony Numbers (1)

RichardMarks (1011125) | more than 7 years ago | (#16919206)

Put the tinfoil hat away. Those numbers come straight from Sony exec interviews over the past week.

http://www.usatoday.com/tech/gaming/2006-11-16-ps3 -mania_x.htm [usatoday.com]

Let's see, Sony announces 600k more PS3s are about to be shipped to the US. eBay PS3 prices drop.

I wonder if there is some sort of connection...

Re:Wrong About Sony Numbers (0)

Anonymous Coward | more than 7 years ago | (#16919436)

Even if the exec was being honest, what Sony said (from your link) was "...it will airlift up to 600,000 more units by the end of the year, though it hasn't announced where and when"

Unlike what you said in your post, there is no statement that they are airlifting these to the US, or they are shipping 100k a week here. They also say "up to" 600k. So please find us a link that supports what you are saying.

Re:Wrong About Sony Numbers (1)

RichardMarks (1011125) | more than 7 years ago | (#16919520)

"Us"??? Some random fanboy posting AC on Slashdot. Who cares what you believe.

Amazon and Target have already received the first restock of PS3s on Saturday and various brick and mortar stores are saying Tuesday or Wednesday is when they are receiving their next batches.

Re:Wrong About Sony Numbers (0)

Anonymous Coward | more than 7 years ago | (#16919656)

I said "US" as in the United States, not "Us". There is nothing in the statement that says Sony is shipping 600k units to the United States at a rate of 100k a week like you say multiple times.
You also made another statement above about Amazon and Target getting restock. Where are the links for this information? You keep making statements that are unfounded.

A good statement is factual and founded in reality. For example I can say that the PS3 has an attach rate of 0.98 and I can follow a statement like that with a supporting link: http://www.gamesindustry.biz/content_page.php?aid= 21062 [gamesindustry.biz]

Re:Wrong About Sony Numbers (1)

aesiamun (862627) | more than 7 years ago | (#16919690)

Do you have a source for these numbers? I haven't heard this.

Re:Wrong About Sony Numbers (1)

Guppy06 (410832) | more than 7 years ago | (#16919872)

"Sony has stated 400k units were in the initial US launch shipment."

Sony statements have a long history of being out-of-touch with reality.

Whatever the case, whether you're right or Reggie Fils-Amie is right, hard-and-fast numbers won't be available from either company before the end of the year.

2007 System Launch - a Spectator Sport (1)

Frostclaw (1006995) | more than 7 years ago | (#16919068)

It will be very interesting to sit back and watch how the PS3 and Wii fare.

The limited supply of PS3 systems and the vast reports of scalpers buying up systems for sale on eBay don't give a clear indication of the overall consumer acceptance of the product. It will take a bit yet to see how that pans out.

The Wii sales are interesting too though. I honestly did not expect that system to sell out so quickly.

I don't think the launch for either system will be indicative of their long term success. There are a few great exclusives in the works for the PS3 which will make it a must have for me once the price drops. The Wii looks like fun, so I think I may pick one up after Christmas.

Gamers (1)

Chayak (925733) | more than 7 years ago | (#16919094)

You're always going to have people willing to camp out for a week (one wonders if they have a life...) to get a console that's beside the point as they are the minority. The real base of a system forms when everyone else gets a chance to own the consoles. Here the price of the PS3 is going to hurt it as Mom and Dad will be hesitant to pay or kids save up that much money for just the console when they could buy a Wii and nearly all the launch titles for the same cost.

Hmm (1)

gregtron (1009171) | more than 7 years ago | (#16919168)

If supplies are going to be so limited, I guess I'd better get my whompin' stick and head on down to the forming lines...

The still-unanswered question (1)

Control Group (105494) | more than 7 years ago | (#16919280)

This, unfortunately, doesn't answer my most pressing question - when can we expect a restock?

As someone who elected not to stand in line Saturday night, I don't have my Wii yet, and this depresses me. I keep hearing rumors that there should be more in stores before this Friday, but they're all completely unsubstantiated.

So consider this an open letter (or at least, an open comment among dozens to a category-specific post on a blog that comprises an insignificant percentage of Nintendo's fan base) to Nintendo: when will there be more? When can I get my hot little hands on a Wii?

Re:The still-unanswered question (0)

Anonymous Coward | more than 7 years ago | (#16919576)

When can I get my hot little hands on a Wii?

oh I can help you with that!

*unzips pants*

Re:The still-unanswered question (0)

Turn-X Alphonse (789240) | more than 7 years ago | (#16919680)

If you think you're depressed over not owning a wii I suggest you look up the meaning of depression.

Re:The still-unanswered question (2, Funny)

Control Group (105494) | more than 7 years ago | (#16919874)

I suggest you look up the meanings of "exaggeration," "poetic license," and "dramatic effect."

Re:The still-unanswered question (0, Troll)

G-funk (22712) | more than 7 years ago | (#16920128)

Perhaps you should. There's a difference between "Depression" meaning "sadness, dent, or low pressure zone" and "Clinical Depression (tm)" Meaning "My life didn't turn out the way I thought it would, please drug me"

Re:The still-unanswered question (0)

Anonymous Coward | more than 7 years ago | (#16919956)

My local Best Buy says their next Wii selling date is 26 Nov.

Re:The still-unanswered question, where r they? (2, Informative)

WillAffleckUW (858324) | more than 7 years ago | (#16920040)

This, unfortunately, doesn't answer my most pressing question - when can we expect a restock?

I talked to a lot of different stores, and most of them seemed to indicate monday afternoon is the earliest a restock could happen.

Costco won't even be selling their bundle (Wii, controller, Wii Sports, Excite Truck, Zelda) until Tuesday.

Fred Meyer should restock by Tuesday morning.

I think the EBX guys said something similar.

Sears said something like Tuesday.

So, if you missed out on getting one at midnight Saturday (we were 6th out of the store with ours, plus Zelda, Rayman's Raving Rabbids (cool!)), just check by on Tuesday. We have a controller to pick up ourselves (already got Excite Truck and the 2nd nunchuk).

I'd buy one... (1)

flitty (981864) | more than 7 years ago | (#16919294)

If i could find one. Target= line clear around the building at 7:00 am when i drove by. You sony trolls are rediculous, fuzzy math and believing what every PR person at sony says to get a million units by mid december? I heard they only launched 200,000, also, i doubt they'll meet 100,000 every week, it took them 3 months to make 200,000-400,000. Even if you are right and 1 million ps3's by mid december, so? What games do you plan to play on the thing? RFoM? Enjoy.

I think they'll make it (1)

alexwcovington (855979) | more than 7 years ago | (#16919378)

I wasn't sure about the Wii when I was waiting in line [xanga.com] , but after playing with one I can definitely say that Nintendo has a good shot at #2, if not #1 in North America this time around. But Nintendo has got to get the third-party support to make it happen.

Irrelevant, score me one (1)

botbotbot (969244) | more than 7 years ago | (#16919460)

anyone else notice the "19 of 18 comments" link to this thread? //amy.

she said score... (0)

Anonymous Coward | more than 7 years ago | (#16919756)

eh heh heh heh...

lol ;)

And defective by the droves... (4, Informative)

MrPerfekt (414248) | more than 7 years ago | (#16919628)

Apparently, the firmware update is rendering the online portion of the system busted for many people. Mine is one of the affected units.

See http://forums.nintendo.com/nintendo/board/message? board.id=internet&message.id=2729 [nintendo.com] for more.

I waited 12 hours in line for the system so I'm disappointed by this and the fact that there are no component cables to be found (gotta order them online, joy). But the control scheme doesn't suck which can't be changed and is why I bought the system. Overall, another new tech snafu but I'm not really surprised.

Re:And defective by the droves... (1)

WillAffleckUW (858324) | more than 7 years ago | (#16920096)

Oh, so that's why it took so long once we hooked up the wireless.

I just figured it browned out from all the people who bought the system and registered it the same day, as opposed to the usually resold PS3.

I also heard from some friends that they had problems with their controllers picking up who was Player 1 and who was Player 2 at the beginning (first player presses two buttons then second player presses two buttons). But it works like a dream once you get that done.

Ours works fine, but could be because we stored our Mii avatars on the remotes.

Re:And defective by the droves... (0)

Anonymous Coward | more than 7 years ago | (#16920158)

"I just figured it browned out from all the people who bought the system and registered it the same day, as opposed to the usually resold PS3."

Uh, better watch the smack talk, there are more Wii's on eBay than PS3s...

Re: Are they defective or just console war smack? (4, Informative)

WillAffleckUW (858324) | more than 7 years ago | (#16920312)

Uh, better watch the smack talk, there are more Wii's on eBay than PS3s...

Yeah, but that's cause there were five times as many Wii consoles sold on release day.

Unlike the PS3 lines, where National Public Radio [npr.org] couldn't find more than 5 percent of people who had pre-ordered consoles that hadn't sold them or put them up for auction, most of the people in line to get the Wii consoles intended to play them.

And spent until today doing just that.

It was on the radio yesterday morning.

Re: Are they defective or just console war smack? (0, Troll)

Pluvius (734915) | more than 7 years ago | (#16920450)

Has anyone called you a Nintendo astroturfer yet?

Cuz, you know, it's pretty obvious.

Rob

Re: Are they defective or just console war smack? (1)

Hitto (913085) | more than 7 years ago | (#16920632)

Oh, come on, like Nintendo needs them. Oh, yeah, I forgot, everytime Nintendo is mentioned on /., someone needs to say "ZONK ZONK ZONKED" to sound like a rebel.

How about you? Do you work for Sony? I hear your company's got some baaaaad press, right now...

Re:And defective by the droves... (2, Informative)

NotthatFrankie (1004384) | more than 7 years ago | (#16920184)

The component cables will be found in stores soon (EB games employee says they'll be recieving some tuesday). And I expect the firmware thing to be resolved soon. I'm not the one suffering, though.

What I did find slightly annoying was the fact that they didn't have all the features ready by launch. No browser (it being free was one the reason I got a Wii early), no news and no weather. Bummer. But I'm sure it won't matter down the road.

Back-order? Direct-order? (3, Insightful)

j741 (788258) | more than 7 years ago | (#16919818)

O.K. so they're sold out and Nintendo says more are coming. Great. But I don't want to spend the next few weeks driving around from store to store looking for one. I'd rather just go to Nintendo's website and order one directly and wait until it is available and ships to me without any hassle. But no, there's no way that I can see to order directly from Nintendo. Instead, a consumer MUST use a local retail outlet. Unfortunately, none of the outlets I visited are taking any orders. If they're out of stock, that's it. No other option. This sucks. Why cant they do some kind of 'pay now and we'll send it to you when it's here' ordering process.

Re:Back-order? Direct-order? (4, Insightful)

LKM (227954) | more than 7 years ago | (#16920664)

I'd rather just go to Nintendo's website and order one directly and wait until it is available and ships to me without any hassle

Console manufacturers need the stores' support. They won't compete with them. If Nintendo opened an online store, stores would stock less games and consoles and give them less shelf space. People going to the stores would perceive Nintendo to be the smaller brand and would buy other consoles instead.

The Long Game (1)

GodInHell (258915) | more than 7 years ago | (#16920120)

(no pun intended)

You can't tell by initial launch statistics what will happen to a game system. Expectations were low for the PS1 so its modest early sales were a great success, but by the time the PS2 came out every little problem was "the sony killer!."

Hyperbole aside, all three of the major players have a good entry in this round of the "console wars" and victory will almost certainly come down to who has the better killer-apps.

Halo 3 for the win!

-GiH

Meanwhile, 12408 PS3 systems on sale on eBay. (4, Interesting)

Animats (122034) | more than 7 years ago | (#16920264)

12408 PS3 systems on sale on eBay. And 20574 Wii systems. Way too many. Many of those speculators are going to lose money.

Actual selling prices on eBay are around $350 for the Wii and $750-$800 for the base PS3 today. That's today; there have been significant drops since yesterday. There are still many excessive "buy it now" prices on auctions, and high reserve prices, but those are just asking prices, and are meaningless. Those auctions fail, while the lower priced ones end in a transaction. "Reserve reduced" is now showing for many auctions.

Prices are dropping faster than they did for the Xbox 360.

Re:Meanwhile, 12408 PS3 systems on sale on eBay. (1)

lpangelrob (714473) | more than 7 years ago | (#16920544)

I agree; it's been interesting watching prices on transactions on eBay today.

The morning started with Wiis going at a certain range; $350-$450. Presentation matters, since apparently giant red text makes more people bite. Bigger bites if you managed to grab a component cable at the same store.

Reserves generally aren't being met at $380 sometimes. With a margin of $70-$170 (assuming you bought at $280 after taxes) and shrinking fairly quickly, it would be a good idea to just cash in and be rid of your Wii as soon as you can.

I highly doubt a Wii on eBay will be selling for less than retail anytime soon, but a lot of participants probably would equate a $20-$50 margin as a loss.
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