Games That Sell While Others Languish

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I think this was the other part of the New York times article I report on earlier. New York Times has an article surrounding recent reports from Nintendo and Sony concerning their financial gains and losses.

The Wii, which uses an innovative wireless controller to translate the players’ motions onto the screen, has upset the order of the video game world. In electronics stores and elsewhere, there are growing signs that the Wii has taken the lead in buzz and sales over another new console, the Sony PlayStation 3, which offers new superlatives in processing power and graphics.

The competitive picture became clearer on Tuesday, when Sony reported disappointing profits that industry analysts attributed largely to the expensive and shaky rollout of the PlayStation 3 and lukewarm demand for the complex machines. By contrast, Nintendo said last week that its own third-quarter sales were up 40 percent from a year earlier, buoyed by Wii sales.

Hit the link for more.

New York Times

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