Pachter: Wii will be "number one console" in 2008
by Blake Snow | 01/04/2008 | 8:43:48 AM PST print comments [ 40 ] digg this! Share on Facebook Popular analyst Michael Pachter says Nintendo will continue their console dominance through 2008, though Microsoft and Sony will improve their fortunes over last year.
"For 2008, I have both the 360 and PS3 selling 5.0 million units in the U.S.," Pachter said in an email to GamePro. "If I'm right (always a big "if"), that means that PS3 sales will probably start the year behind 360 sales on a monthly basis, then start to pass them some time very late in the year."
The investment analyst expects Xbox 360 to sell slightly better this year over the 4.5 million units shifted in 2007. By comparison, the PS3 will double its U.S. sales, he believes, once a mid-year price cut happens.
Regarding the Wii, Pachter says, "I was way too low on Wii [in 2007], with a forecast of 6.4 million this year. That will end up being the number, but only because Nintendo was so supply constrained. Had they shipped enough units, the number may have been as high as 9 or 10 million.
"My estimate for 2008 is 8 million, so sequentially the Wii will show growth and will be the number one console. Had the Wii been in ample supply in 2007, the numbers would likely have shown a decline in 2008, but alas, that was not the case, so we'll never know."
What do you guys think is going to happen THIS 2008 With All THe Consoles