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Posted at 04:07 PM ET, 03/08/2011

Is Nintendo slipping in the console wars?


(Nintendo)
In one analyst’s opinion, the Wii may be falling behind the PlayStation 3 and the Xbox 360. February sales didn’t go so well for Nintendo, according to a memo from Wedbush analyst Michael Pachter. As CNET reported, the analyst said that Nintendo probably sold 305,000 Wii units in the U.S. this February, down 23 percent from the same period last year. When it launched in 2006, the Wii was the fastest-selling console of all time.

According to Pachter’s analysis, sales for all consoles will be down this month compared to last year. He predicted that the Xbox 360 would see the smallest decrease, at 9 percent, while the PlayStation 3 would see a 14 percent decline. The analyst said that Microsoft’s console should continue to see the strongest sales, bolstered by the popularity of the Kinect.

Nintendo America President Reggie Fils-Aime said today in an interview with IGN UK that the Wii is doing just fine, thank you. Wii sales may be dropping off, he said, but it’s normal for sales to peak in a device’s early years and then drop off. The Nintendo executive also said that the company’s focus hasn’t necessarily been on the Wii as of late, referring to the launch of the 3DS and this weekend’s major release of Pokemon Black and White.

“Candidly, we’ve pushed out some Wii launches so that we could focus on our handheld business,” Fils-Aime said.

Pachter said that he also expects all of the major consoles to go through a price cut before the holidays and that he expects the Xbox 360 to be the first to take the price plunge after the Electronic Entertainment Expo in June.

Check out IGN’s interview with Fils-Aime below:

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By  |  04:07 PM ET, 03/08/2011

Tags:  gaming

 
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