Seeking Alpha
Profile|
( followers)  

Market research by NPD Group shows Sony missed its U.S. November launch month PlayStation 3 sales target by more than half at 197,000 units, versus 400,000. An analyst cited supply constraints and commented, "There's no way that Sony will make its forecast for 1 million units in the U.S. this calendar year." Sony plans to sell 2m units worldwide by the end of '06, compared to Microsoft's Xbox 360 at 10m and Nintendo's Wii at 4m, with the latter two saying they may exceed original '06 estimates. In the U.S. in Nov., NPD estimates sales at 511,000 for the Xbox 360 and 476,000 for the Wii. Sony-SNE-Microsoft-MSFT-Nintendo-NTDOY-1yr-chart-12-07-06 Note on Nov. 27, Nintendo said it sold 600,000+ Wii's in the first eight days following its launch "in the Americas." Enterbrain, a Japanese gaming magazine, estimates 372,000 Wii's were sold in the first two days of its Japan launch. The Wii launches in Europe today. Reuters reports Microsoft's CFO said the Xbox 360 has out-shipped its predecessor by more than 1m units in its first three quarters post-launch, at 5.7m units.
• Sources: Bloomberg, News.com-Reuters, Nintendo press release
• Related commentary: Game On: Game Console and Software Stock Update, Heads Roll At Sony On PlayStation Delays, Sony: Holiday Sales Look Strong, Nintendo's Wii Setting the Pace for Next-Gen Game Consoles this Christmas
• Potentially impacted stocks and ETFs: Sony (NYSE:SNE), Microsoft (NASDAQ:MSFT), Nintendo (OTCPK:NTDOY). Gaming software publishers: Electronic Arts (ERTS), Activision (NASDAQ:ATVI), Konami (NYSE:KNM), Take Two (NASDAQ:TTWO), THQ (THQI)

Seeking Alpha's news summaries are combined into a pre-market briefing called Wall Street Breakfast. Get Wall Street Breakfast by email -- it's free and takes only a few seconds to sign up.

Source: Sony PS3 Misses Sales Target, Xbox 360 and Wii May Beat Targets