MDB Capital Group’s James Lin has come out and made the claim that Nintendo’s inability to ship enough Wii consoles to satisfy demand even a year after the system initially launched means that Nintendo is leaving $1.3 billion of consumer money up for grabs. Nintendo knows it’s a problem, but George Harrison doesn’t believe Nintendo has made a mistake. It’s hard to predict future sales, and they have already increased production whenever possible.
Nintendo does worry that consumers might end up buying competing machines, however, and the recent “successes” for the PlayStation 3 are a clear indication of the threat. Other shoppers, however, are giving up all together. An excerpt from the NYT article:
“I’m frustrated and I’m not going to try anymore,” said Betty Sapien, a San Francisco homemaker, who recently visited a handful of stores, including Best Buy and GameStop, to buy a system for her 9-year-old daughter. “They should have it well supplied. They know it’s going to be a big Christmas present, and it’s been a year” since it went on sale, she said.
Uh oh.
