PS3, Xbox Having Disappointing Christmas Season
Both the Xbox 360 and the PlayStation 3 appear to be having a bit of a rough Christmas. For the PS3, it's all about launch jitters. The worst of these jitters is probably the dubious nomination from TIME magazine, who has cited the console as a 'bust'. The 360, likewise, is having problems meeting expectations, especially those of Michael Pachter. He's the gent that expected big sales this Christmas for the console, and he's now trying to figure out why the 360 fell short. What is, perhaps, a larger problem - lack of penetration for the Xbox Live service - is being discussed by Reuters. While the still laudable number of 4 million subscribers sounds impressive, the article points out that the runaway success of the Wii and the overall ratio of possible to actual subscribers should give Microsoft pause. In short, Sony and Microsoft are having good, but not great holiday seasons. Next year, when there's enough stock to go around and big games on the way, we'll see who really 'has the stuff'.
I will say this to you: take a gander at ebay. PS3s are selling at only a $50 premium. Compare that to the 360 last year and the far more abundant Wii (selling at a $200-250 premium), and you can see that the demand for the PS3 is worryingly low. The media simply isn't talking about it anymore.