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Nintendo Wii Starts to Lose Steam

February figures from research firm NPD show that the Nintendo Wii is still selling well in the US, but Microsoft’s (MSFT) Xbox is picking up its pace. The Wii sold 355,000 units during the month followed by Xbox at 228,000. The Sony (SNE) Playstation 3 continued to take a beating, selling only 127,000 units.

Microsoft retains a huge lead based on sales since each product was introduced. It was first to market by several months. Since product launch, the Xbox has sold 5.1 million units while the other two companies are still under 2 million.

If the Xbox and the games that work on its continue to gain share, Sony is in real trouble. The Wii caters to a different, lower price point in the market, and should continue to roll up big numbers. Not so the Playstation.

Douglas A. McIntyre

 

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