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Nintendo Executives Follow 24/7 Wall St. (NTDOY, MSFT, SNE, GME) (7974.JP)
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Just one week ago 24/7 Wall St. suggested that Nintendo (OTC:NTDOY) might try a Hail Mary Pass and offer a voucher with a guarantee if they can ramp more from manufacturing or if it can outsource more capacity. The company launched a deal via GameStop (NYSE:GME) today for "rain-checks" so that if you pay the full console price that you can get your Wii by the end of January. Hmmmmm, sounds awfully familiar…..
If you look at how strong the data is you’d wonder how many Wii systems Nintendo could have sold if it actually had them in stock. The NPD data for the latest release shows the following console sales for last month:
- Nintendo Wii at 981,000 units;
- Microsoft Xbox 770,000 units;
- Sony PS3 440,000.
We noted how American consumers are impatient, but this might just satiate at least some of the demands. This is actually a pretty good number for Microsoft (NASDAQ:MSFT) but shows that Sony’s (NYSE:SNE) PS3 is a dud and still considerably underperforming.
Jon C. Ogg
December 14, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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