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Sony Corporation (SNE)
at 2:47PM PST on January 24, 2009.
Article: Analyst Cuts PS3 Predictions
Cowen Group analyst Doug Creutz is far less optimistic about the course of the PlayStation 3's market share, however. "Our console estimates include a further share shift towards the Nintendo Wii and away from the Sony PS 3," he says. He expects PS3, which sold 3.6 million units in 2008, to sell 4 million units in 2009, compared to his previous forecast of 6.25. Projections for 2010 of 4.5 million units suggest the analyst believes the PS3 could pick up by that time.
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