Nintendo accused of holding back Wii stock

i0n · 03-28-2007, 05:52 AM

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

lee.jarratt · 03-28-2007, 05:56 AM

I heard about this a couple of days ago, old news for me

GaryT85 · 03-28-2007, 06:30 AM

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?

Xanthous · 03-28-2007, 10:17 AM

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.

lee.jarratt · 03-28-2007, 10:42 AM

Quote:

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

drroett · 03-28-2007, 03:05 PM

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.

PtonJalken · 03-28-2007, 03:41 PM

Meh, i hate gamespot anyways. good for them. lol

Solard · 03-28-2007, 04:46 PM

muahahah! that means in April, the wii will be MINE!

Mario Famous · 03-28-2007, 05:52 PM

This is good and bad in a way...

ZeLdA1202 · 03-28-2007, 08:26 PM

finally i know when more wiis are coming!!!

chwisch87 · 03-28-2007, 08:41 PM

this is no secret. lol.

Gymdawg · 03-28-2007, 09:13 PM

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.

bubs · 03-28-2007, 09:19 PM

mm do i buy 1 soon or wait till april....... maybe there will be different packages or price reductions?

Adamquest64 · 03-28-2007, 11:13 PM

Yeah, if the first wave of Wiis is like the first PS2s (breaking after 2 years), I'm in trouble.

Solard · 03-29-2007, 06:15 AM

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

ericlewis91 · 03-29-2007, 06:34 AM

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

GaryT85 · 03-29-2007, 07:33 AM

Quote:

Originally Posted by lee.jarratt

Its a shame i have to say it but , IDIOT IDIOT IDIOT.
I feel better now

pardon?

THEMACNUT · 03-29-2007, 09:17 PM

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...

RedProdigy · 03-29-2007, 10:50 PM

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!

Moten · 04-04-2007, 02:41 PM

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

03-28-2007, 05:52 AM	#1
i0n :eek: Join Date: Apr 2006 Location: UK Posts: 2,472 Friends: 14	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 __________________ Admin @ Wii Chat [PM] MySpace \| Facebook Wii Articles and Guides Share Friend Codes Wii Online Stores

03-28-2007, 03:05 PM	#6
drroett Enginerd Join Date: Mar 2007 Location: Lexington, KY/ Milwaukee, WI Posts: 197 Friends: 0	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. __________________ -Tetris DS Tournament- If you own a DS and Tetris DS sign up for the forum Tetris DS Tournament - PM me for details.

03-28-2007, 03:41 PM	#7
PtonJalken Ptowwnaagee! Join Date: Dec 2006 Location: Canada Posts: 1,066 Friends: 0 7740-5070-1158-5119	Meh, i hate gamespot anyways. good for them. lol __________________ Wii on 25/12/06 - Ps3 on 10/07/07 PSWii Owner Brawl: 1976-9887-4438 Bowser Player

03-28-2007, 04:46 PM	#8
Solard WiiChat Member Join Date: Jan 2007 Posts: 331 Friends: 0	muahahah! that means in April, the wii will be MINE! __________________

03-28-2007, 05:52 PM	#9
Mario Famous Mr. Nintendo Join Date: Jun 2006 Location: Mushroom Kingdom Posts: 567 Friends: 2	This is good and bad in a way... __________________


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03-28-2007, 05:56 AM	#2
lee.jarratt Banned Join Date: Dec 2006 Location: Hull, England Posts: 2,713 Friends: 0 7281-5455-6490-2647	I heard about this a couple of days ago, old news for me

03-28-2007, 08:26 PM	#10
ZeLdA1202 WiiChat Member Join Date: Mar 2007 Posts: 28 Friends: 0	finally!!! finally i know when more wiis are coming!!! __________________ i bet nowone reads my signature

03-28-2007, 08:41 PM	#11
chwisch87 Wii-Convert Join Date: Mar 2007 Location: Omaha, Ne Posts: 88 Friends: 0 6294-2382-1290-6912	this is no secret. lol. __________________ My Blog - http://graphicsengine.blogspot.com Youtube Page - http://www.youtube.com/chwisch87

03-28-2007, 09:13 PM	#12
Gymdawg ~I Spy Hypocricy~ Join Date: Nov 2006 Location: Her arms Posts: 1,283 Friends: 0 5981-2669-3238-7379	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. __________________ ~Well, it's been the ruin of many a poor boy and God, I know I'm one ~

03-28-2007, 09:19 PM	#13
bubs WiiChat Member Join Date: Feb 2007 Location: Australia, Perth Posts: 220 Friends: 0	mm do i buy 1 soon or wait till april....... maybe there will be different packages or price reductions?

03-28-2007, 11:13 PM	#14
Adamquest64 WiiChat Member Join Date: Feb 2007 Posts: 581 Friends: 0	Yeah, if the first wave of Wiis is like the first PS2s (breaking after 2 years), I'm in trouble.

03-29-2007, 06:34 AM	#16
ericlewis91 im McLovin Join Date: Dec 2006 Location: London,Ontario,Canada Posts: 2,309 Friends: 0 6031-8713-1077-8188	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 __________________ iMac 2.4ghz Aluminum, 4GB iPhone, 12 iPods!

03-29-2007, 09:17 PM	#18
THEMACNUT WiiChat Member Join Date: Jan 2007 Location: Grande Prairie Alberta Posts: 30 Friends: 0 3236-9379-8590-3355	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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