GameStop on Wii's intentional shortage and PS3's not so great launch

Posted Mar 27, 2007 at 1:52PM by QJ Staff Listed in: News Tags: Colin Sebastian, GameStop, Lazard Capital, Lazard Capital Markets, Microsoft, Sony
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GameStop has something to say about consoles - Image 1Retail chain GameStop this morning had its quarterly conference call and companies Nintendo, Microsoft, and Sony were somehow included in the discussion. Before we go to the interesting part, let us tell you first that the retail chain performed pretty well last year as it generated more than US$ 5.3 billion for the fiscal year of 2006.

Anyway, during the question and answer portion of the meeting, COO Dan DeMatteo mentioned that there's a perfectly good explanation for the the current Wii supply shortage. The number of limited units are rather scarce, DeMatteo explained, because Nintendo intended it to be so.

"I don't think Wii supply is going to be an issue going forward, and it's just my opinion, I think Nintendo intentionally dried up their supply because they made their numbers for the year. Nintendo's new year starts April 1st, and I think we're going to see supply flowing. We were concerned about the dryness of Wii inventory in March, but it looks like April is going to be good," further discussed the official.

CEO R. Richard Fontaine was then asked by Lazard Capital Markets analyst Colin Sebastian about their take on the PlayStation 3 (PS3) PAL launch. The official claimed that the launch was not that good, as reported by their European counterpart. Fontaine admitted, "I think the summary of that was that it was a very good launch falling somewhat short of what GameStop's Euro managing directors would call a great launch."

After that, DeMatteo shared that Nintendo DS Lite was able to sell 5 million units in U.S. alone, prompting the official to call the handheld "phenomenal." The PlayStation Portable (PSP), on the other hand, is pretty much doing good as well with a total number of over 3 million units sold. He added that the much awaited Gran Turismo for the handheld might appear this year.

Lastly, the official somewhat placed his faith on Xbox 360 as he mentioned that the console will see continued growth this year, with around 4 to 5 million new users "jumping in." Currently, the installed user base of 360 in U.S. is at 5 million.

Via Next-Gen

 
 
 

Comments [refresh]

by Segitz - 2007-03-27 13:55
» I dont get it

They sold more than any other console on launch day, EVER, and yet the launch was "no so great"? What do they want? Sell out with a 5 fold increase of consoles available over PS2 and 360?

by me - 2007-03-27 14:06
» i dont get it(@segitz)

how did PS3 sell more? i believe that nintendo beat them.....they had more units available, about 5 times as many in fact, and sold most the 1st day. and they continue to lead. i dont know 360 launch #s, but they're beating the hell outa sony.

by ya - 2007-03-27 14:24
» exactly

in europe over 600,000 ps3s have been sold so far? maybe thats a not so good launch on gamestops little world. after all, all of the gamestop employees hate the ps3

by jt - 2007-03-27 14:32
» blaa blaa

yup we are all sheep

by Xbox is the best - 2007-03-27 15:03
» this month only

sony can't keep up those numbers with that price, just like in January in the usa, ps3 sold almost as much as 360, then in february 360 sold more than twice the ps3, whatever sony sold this month in europe expect less than half that next month, the ps3 is simply too pricey and if sony hopes to compete this generation they have to drop the price this fall by at least $100.

by yea - 2007-03-27 15:15
» yea ok

" The PlayStation Portable (PSP), on the other hand, is pretty much doing good as well with a total number of over 3 million units sold "



sure its going pretty much good....compared to trying to sell *****

by Xbox is the best - 2007-03-27 15:17
» sony

sony sold that many because they had enough in stock ok

by ralph - 2007-03-27 16:09
» No one wants Wii

I said it all along, the demand for Wii is just not there. Nintardo has to fake a shortage to make it look like people are actually buying that garbage, while everyone is actually picking up a PS3. Try to spin that Wiitards.

by hi - 2007-03-27 18:06
» what a liar liar liar

don't shop there you get ripoff. i never buy games or systems from there. Don't even think of selling or trading with them. plus they hardly know about games. guess what kingdom hearts for wii not, "April fools."

by ya for wii - 2007-03-27 18:33
» no

the has sold more than 6 million. thats way more than the PS3. Every wants wii because its fun.

by Laz - 2007-03-27 19:26
» haha

remember though that sony had a lot more stock than nintendo did as sony took unsold consoles from america and japan, which nintendo could not do because there wasn't any spare stock.



so it does not matter how many consoles sony sold at launch, as they were all probably pre-orders... if you compare the pre-orders you will see that nintendo had more pre-orders than anyother console, it's just nintendo couldn't make enough.



and as ralph said that no one want a wii, if no one want one then why have they sold over 6m while the PS3 has sold only 2m, and thats 2m worldwide including the recent launch

by ralph h8r - 2007-03-28 13:08
» u know...

ralph needs to shut the ***** up and face the music....the wii is winning. even if it was a faked shortage, the numbers still show that the wii has sold more.

by ralph h8r - 2007-03-28 13:09
» u know...

ralph needs to shut the ***** up and face the music....the wii is winning. even if it was a faked shortage, the numbers still show that the wii has sold more.

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