Mar 18
GameStop Predicts Wii Shortage for the Next Six Months
Well, who would have guessed that the Wii would still be in short supply after all this time? I wouldn’t have thought so, that’s for sure. If you asked me a year and a half ago, I would have put my money on any of the other systems being in short supply. Nevertheless, here we are with the Wii reportedly in low supply for the next six months.
During its investor’s phone call GameStop COO Dan Dematteo was asked by investors if he saw an end to the post holiday shortages that affected the 360 (were those true?), DS (who doesn’t own one?), and Wii (is Nintendo causing these?). He chose to focus on the Wii since it seems that it is the only system that still might be in shortage, saying that supply “won’t meet demand for the next 2 quarters.” That’s a bit of time, huh? I can’t believe Nintendo would be intentionally doing this still, even though I never believed they were in the first place.
Dematteo also commented on the other systems, saying that the 360 and DS were in good supply while the PSP was getting a bit hard to find. As for the PS3, he said they have plenty of those for all the people out there wanting to pick one up when GTA IV releases… which is also coming out for the 360. I guess it could still spur sales.
GameStop CFO David Carlson also had a word to say about some price cuts coming for both the PS3 and 360. The company is predicting a $50 price cut for each system within the next year. With the positive response the 360 had in Europe after their recent price cut, this can’t be that far from the truth. At least for the 360; do you think that Sony can lose even more money on every system they sell?
Categories: DS, Gaming Industry, Microsoft, Nintendo, PSP, PlayStation 3, Sales, Sony, Wii, Xbox 3603 Comments so far
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yeh we never get wii’s. we usually always have psp’s though.
The formatting is much better here.
I can only hope that the PS3 gets another price cut. Then I might finally be able to pick one up…