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Wii and Xbox 360 Sales Neck and Neck in December, says Analyst

Wii and Xbox 360 sales are forecast to be very close in December, according to Wedbush Morgan Securities Michael Pachter. Pachter forecasts sales for Wii, Xbox 360, PS3, and PS2. He also believes Wii supply and demand will finally balance out in April 2008.

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xsteinbachx3333d ago

i wish i could be analyst, and just make sh*t up, and hope it's right.

Captain Tuttle3333d ago (Edited 3333d ago )

And believe me, they have access to a hell of a lot more information than a bunch of kids surfing gaming websites.

Edit:
What's the matter PS3 Limps...need your diaper changed? You need to lighten up man.

ItsDubC3333d ago

WTF is wrong w/ u?

Reported as offensive. Learn some social skills.

antoinetm3333d ago (Edited 3333d ago )

to Captain Tuttle :

Studies show that analysts are often wrong and that their predictions are basically useless a few hours after their report have been published.

Go figure what to do when half the analysts are bullish and the other half bearish.

creeping judas3333d ago

do you have a link to this study?
it would make a good read.

antoinetm3333d ago (Edited 3333d ago )

you can read this one : http://papers.ssrn.com/sol3...

tho its not the one i had in mind, but i cant remember the reference.
(somebody did a review of those papers in class a few days ago)

Also, "a random walk down wall street" by B. Malkiel
presents some good arguments against fundamental analysis.
similar infos can be found here : http://www.forbes.com/1999/...

on another note, SSRN also has papers that are pro-analysts so you can decide for yourself, but i think that there are too many sources of biais.

+ Show (3) more repliesLast reply 3333d ago
Danja3333d ago

I can see the PS3..360 ..Wii ..PS2..PSP , and DS..seling well this holiday...

The DS will easily sell the most..then the Wii...PSP will be right behind them..and the PS3 and the 360..will be neck and neck...too close to call right now..and the old faithful PS2..will probably sell close to a million in the month of December...!!

Am I an analyst now..??....where's my paycheck...this job is hard..!!

Ju3333d ago

No you are not an analyst. As such you need to put at least the same effort into the excuse as into the prediction. (getting payed twice). ;) (Sorry, no offense to all the analysts here on site).

gamesblow3333d ago

Right now, at my store, we're selling more PSP's than most anything. We're still sold out of DS from last week... but PSP's are really moving at my store. Ps3's and 360's had a good week, but not near as good as the PSP. It's Sony's big seller this year, bank it. Ps3 will do good, but not as good or even near as good if what we're experiencing is true for everywhere else.

PS3 Limps on and on3333d ago (Edited 3333d ago )

PS3 needs to sell half of what 360 does in "North America", or it's a sign that PS3 will fail to be competitive this generation.

Danja3333d ago

Just remember that NA doesn't count for everywhere else..!!

The PS3 has been outselling the 360 everywhere else outside of NA..but the 360 remains competitve...so ur logic is flawed..

and im sure the PS3 will definetly give the 360 a run for it's money in NA and worldwide sales this holiday....and how about we make those kinda predictions next holiday season...cuz the PS3..is just in it's first year alot of the most wanted/must get games aren't even out yet..!

socomnick3333d ago

NA does matter for Microsoft for one simple reason its only the beginning if it can take over NA sales then the rest of the world will follow.

Danja3333d ago (Edited 3333d ago )

UMM you do realise that they had the entire global market to themselves..for an entire year right....and there sales have slowed everywhere else other than NA after the PS3/Wii launched....so apparently the rest of the world...isn't really following ..!!

and yes I will agree that NA does matter to M$ more than it would for Sony/Nintendo but that's because it's really the only country where there console is selling well...if they don't pass 15 mill by the end of next year in NA...then they haven't really expanded there user base that much

EDIT:@thrillhouseuk

and how long has the 360 been on the market compared to the PS3..??you do know that the PS3 launched back in March in the UK..?

PirateThom3333d ago

Seriously, here in Europe, we really don't care what North America does in terms of, well, anything.

Most sales of the XBox were US... the rest of the world didn't care.

thrillhouseuk3333d ago

Danja, I hate to inject some reality here, but in the UK, by far the biggest market for games in Europe, the 360 is a much bigger seller than the PS3, which remains a distant 3rd.

PirateThom3333d ago

But overall, in PAL territories, PS3 is outselling 360, making the UK an exception, not the rule.

+ Show (3) more repliesLast reply 3333d ago
razer3333d ago

Since Wii shelves are basically empty at all retailers and the 360 is in ample supply. If they only manage to sell the same as an out-of-stock product then those numbers might not be that impressive.

I'm sure they will be decent.

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