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at 11:36AM PST on July 16, 2007.
RE: Wii could outsell PS2, says Iwata
I agree with what you're saying. To keep things in perspective, from what I can gather, the PS2 was at about 10 million sales 1 year into it's lifetime.
Here we are at 8 months and the will is only trailing behind that number by between 1-5-2 million, with them selling approximately 1 million in worldwide sales/month.
Nintendo is opening new factories all around the globe, I remember in particular them announcing a couple months ago one in Brazil. When they get all of these factories running their supply will increase (which I believe is a major focus for them ATM with Christmas upcoming) and monthly sales will continue to go up.
Based on what I saw at the E3 Press Conference I believe they are headed in the right direction to keep up their heavy demand well into next year with the launch of Wii Fit and more titles for both the casual and hardcore audiences, and their expansion of online support with things like Wiiware and inproved functionality with the new Mii channel and interaction with DS'.
Also keep in mind that Nintendo is likely to drop the price of the Wii as soon as demand slows, which will cause another sales boom, whether its a 50 or a 100 dollar drop (my money's on $50).
The PS2 sold over 75 million consoles after they hit the $199 price point. With the increase support from 3rd party titles and their focus on games for everyone I think it will be very easy for them to hit the 120 million mark within 3-5 years.
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