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Nintendo, Sony Take Big Financial Hits

The Installer writes with news that Nintendo is seeing a significant financial downturn to match the general slowdown in the rest of the industry. "Sales of the once unstoppable Wii console have tumbled for the first time since its launch three years ago, sending the gaming giant's quarterly profit down 61 percent." Meanwhile, Sony is feeling the pain as well; the company sold 500,000 fewer PS3 consoles than in the previous quarter, and PSP sales saw an even bigger drop. Interestingly, Sony also revealed that the manufacturing cost of the PS3 has now dropped 70% since it was released. The drop in sales has caused the resurgence of rumors about console price cuts.

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  1. Re:The games... by tomhudson · · Score: 3, Interesting

    3 years have passed and I can name 3 games that I'm glad I bought. I can also name off a dozen names I deeply regret having ever bought/rented.

    So please name them ...

    I bought a Wii at the end of February, and in my 30-disk library (all legit, bought and paid for - my Wii isn't modded), I'd have to say that at least half the games are "I'd recommend them".

    Examples: Mario Kart (everyone likes it), Pinball Hall of Fame (a must-have - noisy), Pop Star Guitar (very addictive air guitar), Trivial Pursuit, Namco Museum Remix, Boom Blox (you'll get a work-out), AMF Bowling, Super Mario Galaxy, Prince of Persia, Shaun White Snowboarding (you really need the wii fit to use this one), Speed Racer (for mindless crash-n-burn vegging out), Blazing Angels.

    The people I've seen complain about their Wii don't spend money on games and accessories, then wonder why they don't enjoy it. Buy 4 remotes, 4 wheels, 4 nunchuks, get a decent library of games (catering to various tastes/ages), and you'll see that people will actually PLAY it when they come over. That's the way to get your money's worth out of the console. Not "Oh, the freebie games ere fun, and I rented a couple others, and bought one or two that sucked, so the console is a piece of crap!"