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Pachter: Nintendo responsible for industry decline
Posted on Saturday, 13 February 2010 by Speed, source: IndustryGamers
Guilty!
Overall software sales declined for the 10th month in the last 11 and according to him the $30 million decrease in sales was due to shortages in Nintendo hardware:
"We attribute a portion of the large decline to lackluster sales of Nintendo hardware, which we think were caused by supply shortages. Nintendo’s monthly hardware sales have been quite volatile, with outrageously high figures in December for the DS (3.3 million, up 9% year-over-year) and Wii (3.8 million, up 77%) followed by outrageously low figures in January (down 17% and down 77%, respectively). The combined decline in Wii and DS hardware was over 300,000 units, suggesting that the two Nintendo platforms contributed to a year-over-year decline of around $30 million in software sales overall."
Nintendo doesn't mind though, as they were very happy to see their stocks got depleted:"Holiday shoppers depleted our supplies even after our fourth holiday season," boasted Cammie Dunaway, Nintendo of America's executive vice president of Sales & Marketing
Eventhough one can say that stocks shouldn't get depleted, I would be proud to see my stock get depleted as well. After all, it means that people are buying my goods faster than I can produce and that I'm making tons of money! With more to come even due to all the people who are waiting for my next supply!In other news:
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