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Nintendo accused of holding back Wii stock

This is a discussion on Nintendo accused of holding back Wii stock within the Latest Nintendo Wii News forums, part of the Nintendo Wii News category; Dan DeMatteo CCO of GameStop has accused Nintendo of deliberately holding back its stock of Wii consoles. During a conference call following the release of ...



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Old 03-28-2007, 05:52 AM   #1
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Default Nintendo accused of holding back Wii stock

Dan DeMatteo CCO of GameStop has accused Nintendo of deliberately holding back its stock of Wii consoles. During a conference call following the release of fourth quarter sales, DeMatteo stated that he believes that because Nintendo had reached its targets for the 2006 fiscal year, it held back stock to boost performance in Q1 of 2007.

"This is just my opinion – I think they intentionally dried up supply because they made their numbers for the year. Their new year starts April 1 and I think we're going to see supply flowing," he said.

DeMatteo revealed that GameStop is now receiving its stock allocations for April and reveals he does not expect to see such crippling shortages in the coming months.

"Next week we get our first allocations of Wii and DS and we are quite pleased with those numbers. We are concerned about the dryness here in March, but it looks like April is going to be good," commented DeMatteo.

Link: http://www.gamesindustry.biz/content_page.php?aid=23825
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Old 03-28-2007, 05:56 AM   #2
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I heard about this a couple of days ago, old news for me
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Old 03-28-2007, 06:30 AM   #3
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Quote:
Originally Posted by lee.jarratt
I heard about this a couple of days ago, old news for me
yeah good for you...... maybe everyone else hasnt?
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Old 03-28-2007, 10:17 AM   #4
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Quote:
Originally Posted by GaryT85
yeah good for you...... maybe everyone else hasnt?
Indeed. Perhaps this is a ray of hope for those still on the Wii Hunt.
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Old 03-28-2007, 10:42 AM   #5
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Originally Posted by GaryT85
yeah good for you...... maybe everyone else hasnt?
Its a shame i have to say it but , IDIOT IDIOT IDIOT.
I feel better now
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Old 03-28-2007, 03:05 PM   #6
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Interesting ideal but couldnt it also be that Nintendo saw the popularity and shifted their manufacturing. I mean it was more than they expected, I've worked as an engineering in a manufacturing company and you can't just instantly increase production like that, it takes time. It's very possible that they began increasing producting in January/Febuary but stores and purchasers would not see the effects until around now.

If it is true and they've been holidng back the stock as a business desicion it's a decent idea. Either way, more wii's coming is win.
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Old 03-28-2007, 03:41 PM   #7
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Meh, i hate gamespot anyways. good for them. lol
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Old 03-28-2007, 04:46 PM   #8
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muahahah! that means in April, the wii will be MINE!
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Old 03-28-2007, 05:52 PM   #9
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This is good and bad in a way...
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Old 03-28-2007, 08:26 PM   #10
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Default finally!!!

finally i know when more wiis are coming!!!
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Old 03-28-2007, 08:41 PM   #11
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this is no secret. lol.
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Old 03-28-2007, 09:13 PM   #12
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Ooh, big scary corporate business tactics.
Honestly, how can anyone be surprised that any corporation might hold stock to boost stats. Besides, it's not like they have to sell the ones they make.
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Old 03-28-2007, 09:19 PM   #13
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mm do i buy 1 soon or wait till april....... maybe there will be different packages or price reductions?
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Old 03-28-2007, 11:13 PM   #14
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Yeah, if the first wave of Wiis is like the first PS2s (breaking after 2 years), I'm in trouble.
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Old 03-29-2007, 06:15 AM   #15
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Quote:
Originally Posted by Gymdawg
Ooh, big scary corporate business tactics.
Honestly, how can anyone be surprised that any corporation might hold stock to boost stats. Besides, it's not like they have to sell the ones they make.
>.> yea! whos surprised!?

but its still good news for ppz who dont have wiis and bad news for ppz who gruelingly had to wait outside for wiis
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Old 03-29-2007, 06:34 AM   #16
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its true...i work at futureshop

weere not allowed to sell our 13 Wii's in the back until april10? for some reason! they have been there since march 20
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Old 03-29-2007, 07:33 AM   #17
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Quote:
Originally Posted by lee.jarratt
Its a shame i have to say it but , IDIOT IDIOT IDIOT.
I feel better now
pardon?
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Old 03-29-2007, 09:17 PM   #18
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Nintendo is Nothing like sony i had my gamecube since release no problem still running like the day i ripped it out of its package, the same with my DS.... lol my ps2 well lets say i have had 4 of them ...... i must say out of all my nintendo's, and yes i have them all ...lol my original NES is the only one that barly works...
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Old 03-29-2007, 10:50 PM   #19
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Quote:
Originally Posted by i0n
WAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!!!!!!! Nintendo won't give us more Wiis! It's being a meanie Mommy, do something!
Link: http://www.gamesindustry.biz/content_page.php?aid=23825
Fixed!
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Old 04-04-2007, 02:41 PM   #20
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Quote:
Originally Posted by Adamquest64
Yeah, if the first wave of Wiis is like the first PS2s (breaking after 2 years), I'm in trouble.

That's why Nintendo will always win over Sony. They actually make sure their product works before they put it out, rather than just pushing a product to market before it is ready.

::glances in the general direction of Sony::


indeed
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