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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.
Will Nintendo fire workers as part of a Wiistructuring?
Are you seriously telling me I can get double karma points for making a double first post?
The major software houses just fancy xbox360 and playstation 3 more... all game developers I know (and I know quite a few) seems to be targeting the xbox and ps, but almost never mention the wii at all. It just don't have the horsepower needed for top games and since they want to release on pc at the same time, they can't really make two versions with huge differences inbetween.
The ps3 has the same problem but has more horsepower underneath and still a big enough market to be targeted, but the xbox360 really has an advantage in being pc compatible.
I'm not really a fanboy of any consoles, I like the ps3 the most but I think the xbox has the best market at the moment. However I'm pretty sure nintendo has the best ecomomy, they never lost a dime selling one of their consoles tho the other depends on selling games to make up for the loss of the console.
At least this is what I'm told, feel free to correct any of my statements.
This is just a thought, but perhaps sales are down because everyone has their console(s) of choice by now.