Analyst: PS3 to keep December momentum, January Wii sales affected by shortages

The PS3 may be in for a great January. One analyst has predicted that the Sony console will keep the momentum it generated in December for another good showing in January. Not so for the Nintendo Wii.

 

 

 

The PS3 may be in for a great January. One analyst has predicted that the Sony console will keep the momentum it generated in December for another good showing in January. Not so for the Nintendo Wii.

 

In anticipation of the January NPD data, Sterne Agee analyst Arvind Bhatia said they expect that the PS3 “will have the best year-over-year growth in January among all consoles.” The official NPD sales numbers are expected to be released next week.

 

On the other hand, Bhatia noted that the Wii’s January numbers may suffer due to hardware shortages. “Our checks show Nintendo’s Wii console is currently experiencing meaningful shortages. We view this as temporary but expect it to have negatively affected January hardware sales,” he said.

 

Bhatia didn’t say a lot about Microsoft’s Xbox 360, but he did credit GameStop’s special free US$ 50 gift card Xbox 360 promotion as having benefited sales for the console.

 

 

 

Via [IndustryGamers]