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Analyst cuts PS3 sales predictions

Dela @ Jan 16, 2007 23:52 | 44 comments

According to analyst Nomura Securities, Sony will miss its sales target of 6 million PS3 consoles by the end of March 2007 by 25%. This would lower the total sales to 4.5 million by the end of the Sony's fiscal year. The analyst blames poor sales of the console over the holiday period (caused by several supply problems) for the new predictions.

To emphasize how it believes this will affect sales in the long-term the analyst also gave predictions for the year ending March 2008, with a reduction from the predicted 16 million figure to 10 million. Then to go one year further to the year ending March 2009, it predicts a reduction from the 18 million figure to 11 million.

Sony has shipped over 1 million PS3 consoles to the North American market and according to NPD, has sold 687,000 of those units in the region. The PS3 console is expected to launch in Europe in March 23rd.

Source:

GamesIndustry.biz

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Comment by: hughjars (Jan 17, 2007 13:32)

Quote:
Just go buy a ps3

- No and I've told you why not.

.....and I don't need to have chucked a stack of cash at it to know it's not worth it right now either.

Quote:
isn't there a dual format player out there as well? To me that sounds like the wave of the future.

- Yeah, there is.

A formerly Blu-ray exclusive manufacturer (LG) have announced at CES that they are going dual format.

It is the future, I fully expect most if not all the rest of the CE companies to move away from Blu-ray exclusivity to dual format eventually (certainly at least 1 more before this years end).

Same as movie studios are not moving towards greater Blu-ray exclusivity but towards dual format too.

You might say that's 'even' but you've got to be ignoring that they are coming away from being Blu-ray exclusives to say that.

No point moaning about it or trying to 'shoot the messanger' but the facts are clear, the market doesn't like the PS3 to anything like the degree that was expected, not at that price.

Comment by: LazyWorkr (Jan 17, 2007 14:03)

I bet you were having a similar argument a few years back about dvd format, right? DVD+R is better no DVD-R is better.

Quote:

"(maybe when it drops a couple of hundred and only then as a cheap Blu-ray player if there are still exclusive movie studios at that point)"

Most people buy home theatre systems and players to watch dvd's not game systems.

Also tell me why companies are making dual format players if blue ray is on the way out.

Quote:

"- No and I've told you why not.

.....and I don't need to have chucked a stack of cash at it to know it's not worth it right now either."

You can get your money back. Or just keep complaing about something you know nothing about.

By the way since you have a crystal ball that can see the future, who is going to win the super bowl. Or better yet post some lottery numbers.

Comment by: chubbyInc (Jan 17, 2007 14:28)

The SuperBowl winner is determined by illegal betting, The time with the most bets to win will be the one that loses

Comment by: chubbyInc (Jan 17, 2007 14:30)

Sorry Time = Team!

Dual Format saves consumers money, for the first year or so, So they aren't stuck with something like the Betamax

Comment by: hughjars (Jan 17, 2007 16:00)

Quote:
Most people buy home theatre systems and players to watch dvd's not game systems.

- That's true but sadly for the other Blu-ray CE companies the PS3 undercuts their efforts in price and has a slighly better spec thereby rendering their products pointless.

One can imagine how thrilled they are to have helped develop and fund Blu-ray to end up being shafted like this by Sony.

Quote:
Also tell me why companies are making dual format players if blue ray is on the way out.

- I didn't say Blu-ray was "on the way out".

I said it was heading to be a mainly PS3 propriatary format (and with 96.5% of the sales of Blu-ray equipped machines being PS3 that is plain to see, not a prediction).

The point (your are obviously trying hard to ignore) is that the Blu-ray exclusive companies are moving towards dual format.

One has now declared and others have good reason to follow.

It's the ex-Blu-ray exclusive companies that are hedging their bets and shifting from being exclusive Blu-ray producers to producers of both.

The momentum is with HD-DVD, quite clearly.

You don't need a crystal ball to see that.

Comment by: LazyWorkr (Jan 17, 2007 17:51)

I agree that dual format players are the way to go. But I'm telling you man if you bought a ps3 you would eat your words. It is awesome. I'm sure the 360 is just as awesome though I haven't bought or played one to know for sure. Anyway take care and thanks for the info.

Comment by: kube1984 (Jan 17, 2007 18:14)

Is it just me or are there ps3 on the shelves of all the stores, for the last month I could buy one from a number of places, but since they dont seem to be selling worth a chit on ebay theres no point for me to go buy one, i think slow sales where caused buy more than just a supply problem, the things just arnt selling period

Comment by: hughjars (Jan 17, 2007 19:09)

Originally posted by LazyWorkr:
I agree that dual format players are the way to go.

- I think you're probably right because however this works out one way or another there will probably be a profitable enough market for each format no matter what happens, even if Blu-ray does retreat into being a mainly PS3 proprietary media.

You might be interested in this, they wasted no time and the LG dual format player is already on sale in the US.
I wonder when they'll hit the UK?

http://www.bestbuy.com/site/olspage.jsp?...cat111000050000

Quote:
But I'm telling you man if you bought a ps3 you would eat your words. It is awesome.



- But this is where I think we have been at crossed purposes.

I'm actually quite sure that there is a lot to be impressed about with the PS3.

It's just that by my estimation it's not enough of one thing nor the other right now.
As I said if it get a bit cheaper I may well buy one as a cheap way into Blu-ray.
It's just that right now it's too expensive IMO for what it is.

Quote:
I'm sure the 360 is just as awesome though I haven't bought or played one to know for sure.

- I really wouldn't know (cos I don't own one) but I'm sure you're right, I have seen video of Moto GP game on it and that looked incredibly realistic (and as I often say I reckon the 2 machines (XBox 360 & PS3) are very evenly matched, one slightly good at one thing the other another (although it does appear that developers are having a harder time with the PS3).

I've bought the XBox 360 HD-DVD add-on to use with my PC as an inexpensive way into high def DVD......at which it excels.

Quote:
Anyway take care and thanks for the info.

- You too, take it easy. ;)

Comment by: ZippyDSM (Jan 17, 2007 22:44)

any clue what the real price cut will be?

Comment by: AIM2Shame (Jan 18, 2007 06:53)

BobbyBlu, you just made your self look like a complete fool. "There returned because there not selling on ebay" Your right people arnt even paying the original RRP on ebay.

No offence but that kind of shows only one thing about the console.

Comment by: plutonash (Jan 18, 2007 10:31)

"The sales figures will get better once people start realizing that adjusting for inflation, 600 bucks isn't all that much for a system that can do so much. It'll be worth it when they release killzone and some of the other better games."

Im sry but that statement is just plain stupid. That would be my car payment, rent, food and alcohol/cigarette budget for a month.

Comment by: ZippyDSM (Jan 18, 2007 10:39)

plutonash

got that right 400 is my limit on console and PC for that matter :P

Comment by: LazyWorkr (Jan 18, 2007 11:45)

Quote:
"Im sry but that statement is just plain stupid. That would be my car payment, rent, food and alcohol/cigarette budget for a month."

Well I guess you should quit smoking and drinking and then maybe you could afford more things. You call my statment stupid look at what you just said. You would rather develop lung cancer than spend 600 dollars on a game system. What a edited by ddp. Talk about edited by ddp your money away.

Comment by: hughjars (Jan 18, 2007 12:25)

With the pricing on Euro, UK and Irish PS3s just announced they may as well go ahead and cut those projected sales numbers again!

Comment by: plutonash (Jan 18, 2007 12:41)

Thats right. When I go to bars and socialize with real people I tend to drink and have a couple of cigarette. I know its a far cry from you sitting you basement parents playing ps3 in the dark but its a start. So what if I smoke at most the luxury part of that equation is about 50 bucks a month. Big wippie doooo!!! I could get the $500 ps3 after taxes but with no game. That would be really fun watching the crappy transfer of talladega nights that looks like an upscale all. So I like many other people have bills to pay inflation or not. Get a life go out meet real women beside the the ones you meet on WOW.

Comment by: LazyWorkr (Jan 18, 2007 13:03)

What smoker can go out, socialize at bars, eat, drink, and smoke on only $50 a month? What, do you go out once a month. It really doesn't matter to me one way or the other I'm glad people like you smoke, it shortens the amount of time people like me have to deal with you. As for the bar thing, been there done that. When you get a little more mature you'll realize it's all just a waste. Oh and my parents don't have a basement so I guess that's why my wife and I bought a house. You truly are a edited by ddp. All this flak because I said I like my ps3, I have to deal with a pathetic person such as yourself.

Comment by: LazyWorkr (Jan 18, 2007 13:25)

Oh and also, what kind of car and apartment could you have for less than $600 a month? What do you drive a 1979 pinto and live in a trailer next to a nuclear power plant or some high voltage power lines. Maybe that's why you're edited by ddp . It's either the radiation or the magnetic field, huh? Well I guess if you only make $7200 a year sony didn't really figure you in to their equation.

Comment by: pcanisius (Jan 18, 2007 13:48)

Quote:
"Oh and also, what kind of car and apartment could you have for less than $600 a month? What do you drive a 1979 pinto and live in a trailer next to a nuclear power plant or some high voltage power lines. Maybe that's why you're edited by ddp. It's either the radiation or the magnetic field, huh? Well I guess if you only make $7200 a year sony didn't really figure you in to their equation."

have you ever been to college? i'm pretty sure including smoking, drinking, my apartment and my bills is covered by my lowly 400$ per month.

this is ontop of buying games for my roomates PS3. before you talk crap think, you sound less stupid

Comment by: LazyWorkr (Jan 18, 2007 14:22)

You're the edited by ddp that comes out barking at me. You'd think since you were in college you'd be a little more mature. So edited by ddp.

Comment by: ddp (Jan 18, 2007 15:04)

LazyWorkr, lightning struck!!! all posts edited. anybody else wants to go??!!

Comment by: plutonash (Jan 18, 2007 15:07)

I think Lazywkr or whatever the hell his name is also Bobbyblu they both say the darnest things. When did housing,a car note, and food become a luxury. I think EVERY single person on this board would consider those necessities in life since people a.)generally like sleeping in houses rather the street B.)people need cars to travel to work and such C.)and this may be news to you but people need to eat. The luxury part would also be money I spend on entertainment for myself thats the 50 bucks. Do I have spell that out phonetically so you understand you . Also why would it matter if I made 7200 (I make much more) a year I'm in college with a future future and xtra +600 plus burning a hole in wallet. Im interning right now at Campuseai doing video editing hence the huge amount of free time I have. Go ahead google them I even provided with a why to whois me since you think your such the internet badass and it my way or the highway. Go ahead bang away on you keyboard all red faced thinking you doing your "masters" bidding. It isnt going to sell one ps3 hell you have done the opposite. ATTN: This is what a rabid fanboy looks like.
PS: there this thing called a roomate that can help with rent, weird stuff ah who would have thought?

Comment by: ddp (Jan 19, 2007 17:11)

plutonash, knock it off!!
6. No foul language, insults, personal attacks or otherwise rude messages.

Comment by: borhan9 (Jan 20, 2007 01:01)

So they blame it on shipping problems not Nintendo taking a piece of their pie. I say Well done to Nintendo.

Comment by: ggo70 (Jan 21, 2007 16:59)

You two knock it off or I'm telling your mom's

Comment by: UHALL (Jan 24, 2007 23:51)

shh... I think big brother is listening

   

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