Consumer Electronics

Playstation3 Gets Cut To Ribbons

If Sony (SNE) is anywhere close to Mudville, there is no joy there. The sales for Playstation3 sales during December were routed by Microsoft (MSFT) Xbox and the Nintendo Wii.

According to NPD, which seems to be quoted as the research firm of choice in almost every press account of software and consumer electronics, PS3 sold 490,700 units in the US during December. Xbox sold sold 1.1 million of its 360 machines and Nintendo sold 602,400.

There is a theory that if PS3 did not have a supply problem, it would have had higher unit sales. Would have, Could have, Should have.

The old PS2 actually outsold all of its competition hitting 1.4 million units in the US in December.

Makes Wall St. wonder why Sony bothered with the PS3 at all.

Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.

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