The Wii is selling gangbusters but its going to be a long time before it is approaching PS2 installed numbers...what would the attach rate of the PS2 games be that you mentioned vs what it needs to be for Wii version to sell 2 million copies (I'll assume 25 million Wii sold by Xmas 2008?
Nice find. I have confidence in this stock, especially since this game isn't be coming to PS2 and PS3/360 are too expensive to have the player demographic this game is targeting. That makes the Wii perfectly positioned to garner the bulk of this title's sales. Furthermore, motion controls and extra levels will entice those who already own the PS2 games. The only potential risk is that it's coming out in Fall 2007 and may be drowned out by the likes of Smash Bros and Mario Galaxy, but I think the brand has shown it's strong enough to compete.
This stock seems to be sliding downwards even though the preview recently submitted are positive toward the game. I will also reiterate my previous reasons why I think this game should at least sell 1.5 million copies, if not 2 million. This game should be around 2 million, judging by past sales on the PS2. The first Lego Star Wars sold around 3.2 million copies, while Lego Star Wars: The Original Trilogy sold around 1.68 million copies. Since this will be the first Lego Star Wars for the Wii, I would assume it would have higher sales than if it was the second or third Lego Star Wars for the Wii. Add in that this game is geared toward the audience that the Wii is supposed to be reaching out toward and you have an almost assure 1.5 million, though 2 million seems like what it would end up at.
This game should be around 2 million, judging by past sales on the PS2. The first Lego Star Wars sold around 3.2 million copies, while Lego Star Wars: The Original Trilogy sold around 1.68 million copies. Since this will be the first Lego Star Wars for the Wii, I would assume it would have higher sales than if it was the second or third Lego Star Wars for the Wii. Add in that this game is geared toward the audience that the Wii is supposed to be reaching out toward and you have an almost assure 1.5 million, though 2 million seems like what it would end up at.
Unfortunately that happens with lots of the IPOs. I'm going to agree with you that the stock will most definately rebound over the next week. I'll go one step further than you though and say all those 'make a quick buck' types are going to seriously loose out when this stock hits 2 million easily.
As someone who owns the DS version of Lego Star Wars 2, I can't put the game down, and I imagine Lego Star Wars:The Complete Saga will be the same no matter what platform it is on.
My estimate is that this stock is undervalued by about a million. I think it could easily sell 2 million.
My equation looks like this: Wii + Lego + Star Wars = 2 Million Mother's Basements
I have heard nothing but good things about the Lego Star Wars series from die hard 360 owners, I can only imagine that is easily translated to kids and adults alike on the wii.
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The Wii is selling gangbusters but its going to be a long time before it is approaching PS2 installed numbers...what would the attach rate of the PS2 games be that you mentioned vs what it needs to be for Wii version to sell 2 million copies (I'll assume 25 million Wii sold by Xmas 2008?