Nintendo Wii to make double the revenue of PS3 at launch?

Posted on Monday, Nov 06 2006 @ 05:11 CET by Thomas De Maesschalck
TG Daily predicts the Nintendo Wii will make double the revenue of Sony's PlayStation 3 at launch:
In the United States, Sony is promising 400,000 units of the PS3 at launch. Nintendo is promising around 2 million Wii's for the US - GameStop alone is expecting 750,000 Wii's allocated at launch time.

Now, if we give Sony the benefit of the doubt and say that every PS3 in the US will be sold at the higher $600 price point, and the Wii is obviously at $250 across the board, that means that Sony stands to have revenues of $240 million; Nintendo $500 million, presuming they sell all their consoles. Sony will obviously make much less than $240 million as not everybody is going to be buying their PS3 at $600.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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