Sony’s profits are down, while Nintendo’s sales are way up. The Wii video game console is selling faster than Nintendo can keep up with. Following Sony’s announcement of its disappointing results Tuesday, which it partly blamed on huge costs for the PS3 launch, speculation is running rampant about the PlayStation 3’s position in the video gaming market. Sony’s report was that its gaming division had experienced a significant operating loss during the quarter.
Wii Outselling PS3: A New Gaming Order?
Posted by: Katherine Noyes January 31, 2007 02:06 PMSony’s profits are down, while Nintendo’s sales are way up. The Wii video game console is selling faster than Nintendo can keep up with. Following Sony’s announcement of its disappointing results Tuesday, which it partly blamed on huge costs for the PS3 launch, speculation is running rampant about the PlayStation 3’s position in the video gaming market. Sony’s report was that its gaming division had experienced a significant operating loss during the quarter.