Analyst: Xbox 360 to Relinquish Second Place to PlayStation
No hope of catching Nintendo
An analyst explains research techniques.
According to an analyst writing for Forbes today, "Microsoft has no hope of catching Nintendo in the race for console supremacy and could soon relinquish its place as the No. 2 videogame producer to Sony".
This statement just after he declares, "Microsoft's Xbox bet isn't paying off. Sony's PS3 is struggling."
This is according to Matt Cavallaro "a financial writer for stock market education company BetterTrades". As far as we can see, in the past Matt's written about the automotive trade, credit refinancing and even unemployment.
Matt supports his notions with the following, "Rubbing salt in Microsoft's and Sony's wounds, Wii gamers await what could be the most highly anticipated title of the year, the revival of Nintendo's original Punch Out!"
We'll let Matt finish off with the following, "In its quarterly report issued Jan. 22, Microsoft reported that sales at its entertainment and devices division climbed 3.5%, yet unit sales of its Xbox 360 console are showing signs of giving up ground to the Wii and PlayStation 3."
Stop! How on earth can Xbox 360 console sales "give up ground" to the Wii? It has no ground to give up. Also, looking at Sony's recent earnings report, sales of the PS3 are actually down for the October to December 2008 period (yes, Xmas) compared to last year.
Microsoft's Xbox 360 sold "a record six million" in the same quarter.
Now, we're not saying that the console race isn't still a two horse race - for second place behind Nintendo. We do, however, find it hard to stomach that a professional analysts appears to be so far off base.
This statement just after he declares, "Microsoft's Xbox bet isn't paying off. Sony's PS3 is struggling."
This is according to Matt Cavallaro "a financial writer for stock market education company BetterTrades". As far as we can see, in the past Matt's written about the automotive trade, credit refinancing and even unemployment.
Matt supports his notions with the following, "Rubbing salt in Microsoft's and Sony's wounds, Wii gamers await what could be the most highly anticipated title of the year, the revival of Nintendo's original Punch Out!"
We'll let Matt finish off with the following, "In its quarterly report issued Jan. 22, Microsoft reported that sales at its entertainment and devices division climbed 3.5%, yet unit sales of its Xbox 360 console are showing signs of giving up ground to the Wii and PlayStation 3."
Stop! How on earth can Xbox 360 console sales "give up ground" to the Wii? It has no ground to give up. Also, looking at Sony's recent earnings report, sales of the PS3 are actually down for the October to December 2008 period (yes, Xmas) compared to last year.
Microsoft's Xbox 360 sold "a record six million" in the same quarter.
Now, we're not saying that the console race isn't still a two horse race - for second place behind Nintendo. We do, however, find it hard to stomach that a professional analysts appears to be so far off base.
Companies:
Sony
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Comments
Anonymous 29 Jan 2009 13:39
1/11
This guy could very well be right, but he doesn't seem to be basing it on reality.
VinTheDean 29 Jan 2009 14:56
2/11
The only reason why the Xbox had great sells this season was because of the price drop. Up until the price drop, the PS3 was outselling the Xbox for the year.
You forgot that already?
You forgot that already?
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SuperSaiyan4 29 Jan 2009 16:34
3/11
I laugh at your comments because for the year the 360 was outselling the PS3 or have you missed all the articles saying so?
Steve 29 Jan 2009 18:06
4/11
What exactly is this guy analyzing? It almost seems like he was looking at data from exactly one year ago when xbox 360 was giving up room to the Wii, and when Sony looked like they might get off the ground. He's a turd. In the race for second, Microsoft had a year start, the following year Sony was released and Microsoft sold more machines, then 2008 (The year of the PS3) came and again Microsoft sold more. Maybe he is looking at this logarithmically ?
tyrion 29 Jan 2009 18:57
5/11
SuperSaiyan4 wrote:
I laugh at your comments because for the year the 360 was outselling the PS3 or have you missed all the articles saying so?
I believe the NPD monthly figures show that the PS3 was outselling the 360 in the USA for much of 2008. It wasn't really until September that the 360 got ahead again.
I can't quickly find the raw figures, but this graph shows that they were at least close all year until September except for a PS3 spike in June.
Guy 29 Jan 2009 19:08
6/11
The 360 has a young fan base and will be able to upsell them to a 720 in less than 2 years. This 720 will have a scaleable multi core chip (full backwards compatibility) a ton of resources. This Sony will win after ten years may be true but its due to Sonys weakness of not breaking even and the older fan base. Sony would release the PS4 in a second if they could.
Microsofts is leaner and meaner and has options to use hardware thats better than the 5 year old cell. No chip lasts forever. No chip defines a industry. Hardware solutions to software problems. Its out now and in 18 months in bulk.. they will be cheap enough for consoles.
Microsofts is leaner and meaner and has options to use hardware thats better than the 5 year old cell. No chip lasts forever. No chip defines a industry. Hardware solutions to software problems. Its out now and in 18 months in bulk.. they will be cheap enough for consoles.
jdtart 29 Jan 2009 20:58
7/11
Once again, I could not care less about the numbers. I own all of the systems, and my rankings, in order of both usage and fun, are 1) xbox, 2) ps3, 3) wii. The Wii would have been awesome when I was 10, but now, it only gets dragged out when we have a party and people want to bowl. The ps3 is a phenomenal piece of hardware, but the game library is just not there (yet? maybe?). I mean sure, LBP and Resistance are great, as is Uncharted, but the xbox has SO MANY MORE TITLES. as for the xbox, I am one of the lucky ones that have never experienced RRoD, despite heavy usage, and it is the one I constantly play.
I think the wii gets the benefit of low cost. real hardcore gamers choose the xbox though.
I think the wii gets the benefit of low cost. real hardcore gamers choose the xbox though.
Jim 29 Jan 2009 21:25
8/11
Not interested in console wars or fan boys - but I think it is clear that certain "analysts", particularly those who seem to be experts on everything from cow dung sales to the development of microscope technology, should not be given the time of day, let alone license and salary to write articles on subjects of which they know nothing.
SuperSaiyan4 30 Jan 2009 08:57
9/11
tyrion wrote:
SuperSaiyan4 wrote:
I laugh at your comments because for the year the 360 was outselling the PS3 or have you missed all the articles saying so?
I believe the NPD monthly figures show that the PS3 was outselling the 360 in the USA for much of 2008. It wasn't really until September that the 360 got ahead again.
I can't quickly find the raw figures, but this graph shows that they were at least close all year until September except for a PS3 spike in June.
There must have been 3 months where the PS3 was doing better but some info was released a month or 2 back showing the 360 doing way better than the PS3 especially in Europe...
Anyways I am keen on getting a PS3 eventually again so no losers here who own all systems.
tyrion 30 Jan 2009 14:44
10/11
SuperSaiyan4 wrote:
There must have been 3 months where the PS3 was doing better but some info was released a month or 2 back showing the 360 doing way better than the PS3 especially in Europe...
That's why I clarified with "NPD" and "in the USA" when I showed that graph.
Overall, world-wide, so to speak, I think it's been fairly even over the whole of 2008. The 360 had a great 4th quarter, but had been even or trailing through the rest of the year in the US and Europe (except the UK). Japan, of course, remains a tough nut for Microsoft.
A.T.D. 30 Jan 2009 17:09
11/11
his argument is that nintendo's STOCK is going to outperform microsofts STOCK. If you disagree with that premise, you guys are idiots. the xbox ps3 stuff is white noise