Quick Jump Daily Digest
Thank you for your interest in the Quick Jump Daily Digest. Get notified of all new content on QJ in our free Daily Digest. To subscribe, enter your email address below and click the subscribe button.
Pachter: Blame weak dollar for Wii shortage in the U.S. |
Listed in: Wii Tags: Michael Pachter
Ó
Since the Nintendo Wii is selling like hotcakes, talks about shortage of the white hot console are rampant. For Wedbush Morgan analyst Michael Pachter, this isn't very surprising and the root cause is apparent - the weak dollar is to blame, since Ninty would rather sell the motion-sensing machine in countries with stronger currencies.In an interview with The Dallas Morning News, Pachter explained that Nintendo is being perfectly rational by shipping more Wii units to Europe where the Euro would net the company better income.
The revered game industry analyst said he believes Wii shortage in North America will be taken care of when European demand for the console subsides. If Pachter is right on the money, that means the U.S. shortage problem may last until late this year before Nintendo ships surplus units from Europe.
| 72.7% of voters think this story ROCKS! |
|
|
Comments
Reply
And we know the Wii shortage has NOTHING to do with anything but Nintendo's greed. Create an artificial shortage and you're guaranteed the "right" to sell your console at its original price as long as you want.
Reply
Reply
Reply
Reply