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at 1:58PM PST on January 2, 2008.
ah yes i was being incredibly stupid there, taking into account other territories then it would seem that it has sold approx 15mil in its first 13 months so its not far off the target but i still dont believe that it will last for long enough, either consumer interest will drop or there will be a new system, i think its a big risk for little reward. even if its sales continue on the right path i cannot see this surpassing 105million by far and therefore its incredibly slow equity for possibly no reward unless the price rises on speculation. if you take into account current SE ps3 and 360 price then your looking at well over 200million consoles. considering the rising prices of this generation and the current state of the american economy, the effects arent being seen yet but they will within a couple of years, i cannot see it surpassing last generations total by far and therefore something (possibly the ps3 or 360 depending on how things turn out aswel) will lose out if not all.
personally investing in a long on this stock stinks to me, high risk with seemingly little reward, a short probably isnt worth it either as i dont think it will fall short of the target by much, maybe 20-30%, and it will take a long time for the price to drop.
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