Fanboys, start your engines! Wedbush Morgan analyst, Michael Pachter has stated that the PlayStation 3 will be second only to the Nintendo's Wii in the global race for console dominance by 2015. This will be down to the PS3s homeland advantage, and Blu-ray.
A new WM report states, "We think that the PS3 will capture significant market share, primarily due to Sony’s victory in the high definition DVD format war, and will end up in second place by 2015.
"Although Microsoft’s Xbox 360 enjoyed a first mover advantage, we think that its market position will fade to third place due to lack of penetration in Japan."
In the medium term, Wedbush is prepared to put figures to predictions:
"We expect the Wii to capture 49% share of the U.S. and European market by the end of 2009, followed by the Xbox 360 at 29% and the PS3 at 22%.
"By the end of 2011 (the extent of our current forecast), we see Nintendo 'winning' the console war by maintaining its share, with 48% of this market. We expect Sony to pull even with Microsoft, each with 26% market share."
But, remember, these guys are analysts who are close to the industry and, hey, no one is a loser.
"Notwithstanding the projected finish, we truly believe that all three manufacturers should be considered 'winners', with Microsoft selling twice as many Xbox 360s as Xboxes and building a robust Xbox Live business, and with the other two companies generating significant profits from their respective shares. These estimates do not include console sales in Japan, which we expect to be dominated by Nintendo with over 65% market share through 2011."
There's everyone's a winner.