PS3 to lead in market share with 44% by 2011 says analyst [update1]
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PS3 to lead in market share with 44% by 2011 says analyst [update1]
http://www.joystiq.com/2006/08/16/ps...-yankee-group/
PS3 to lead in market share with 44% by 2011 says analyst [update1]
Posted Aug 16th 2006 12:55PM by Blake Snow
From the "more good news for the PS3" feed comes a positive forecast by the Yankee Group regarding the pricey console. The analyst group believes Sony will lead in next-gen market share by 44% in 2011, with Xbox 360 taking a close 40% share, followed by Wii with a wee little bitty 16% share. That's a safe projection considering the PS2 sold a gazillion units this last generation.
Also of note, the group believes fewer total consoles will be sold this next go-around due to higher console prices than were sold during the PS2, Xbox, and GameCube era. I thought the industry was suppose to grow? Either way, the Yankee Group also predicted constant Microsoft price undercutting. Next-Gen writes: "Microsoft is 'well-positioned' to cut the price of the Xbox 360 in spring 2007, potentially undercutting the $500-$600 PS3 by a wider margin. This pricing pressure from Microsoft is likely to continue throughout the course of the PS3's lifecycle, according to Yankee."
Posted Aug 16th 2006 12:55PM by Blake Snow
From the "more good news for the PS3" feed comes a positive forecast by the Yankee Group regarding the pricey console. The analyst group believes Sony will lead in next-gen market share by 44% in 2011, with Xbox 360 taking a close 40% share, followed by Wii with a wee little bitty 16% share. That's a safe projection considering the PS2 sold a gazillion units this last generation.
Also of note, the group believes fewer total consoles will be sold this next go-around due to higher console prices than were sold during the PS2, Xbox, and GameCube era. I thought the industry was suppose to grow? Either way, the Yankee Group also predicted constant Microsoft price undercutting. Next-Gen writes: "Microsoft is 'well-positioned' to cut the price of the Xbox 360 in spring 2007, potentially undercutting the $500-$600 PS3 by a wider margin. This pricing pressure from Microsoft is likely to continue throughout the course of the PS3's lifecycle, according to Yankee."
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Originally Posted by Moog-Type-S
So long as the dictionary is not from Canada. Silly French Canadians.
http://www.websters-online-dictionar...adian-english/
seriously. I see the Wii having a MUCH bigger margin than 16% just because of it's price.
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Sony Shares Tumble 3.1% On Brokerage Downgrade, PS3 Shipments Cut in Half?
http://blog.wired.com/games/index.blog?entry_id=1544568
Wednesday, 23 August 2006
Sony Shares Tumble 3.1% On Brokerage Downgrade, PS3 Shipments Cut in Half?
Topic: Console Games
Man, Sony can't seem to catch a break these days. Just as they're beginning the Tokyo Game Show hype by releasing a list of games to be shown, the news out of Japan is that their stock has dropped 3.1% after Mitsubishi UFJ, a brokerage firm, lowered their rating on the company. Worse for gamers is the reason why:
Not good. Especially when you've got tech industry pundits looking at the PS3 as the One Big Product that's going to determine the future of the company as a whole: Can The PS3 Save Sony?
Sony Shares Tumble 3.1% On Brokerage Downgrade, PS3 Shipments Cut in Half?
Topic: Console Games
Man, Sony can't seem to catch a break these days. Just as they're beginning the Tokyo Game Show hype by releasing a list of games to be shown, the news out of Japan is that their stock has dropped 3.1% after Mitsubishi UFJ, a brokerage firm, lowered their rating on the company. Worse for gamers is the reason why:
Mitsubishi UFJ Securities lowered its rating on Sony to "3" from "2" and slashed by half its estimate on PS3 sales for the current business year ending March 31 to 3 million units, citing difficulties in procuring enough cutting-edge parts.
Ouch. You might remember that at E3 last May, Sony promised six million units worldwide by the end of the fiscal year. While they haven't revised their own stated figures, it always seemed like a rather optimistic figure given the complicated nature of the machine (Cell processor, Blu-Ray drive). Not to mention the fact that SCEA president Kaz Hirai recently let slip that the $599 machines aren't even in manufacture yet. Not good. Especially when you've got tech industry pundits looking at the PS3 as the One Big Product that's going to determine the future of the company as a whole: Can The PS3 Save Sony?
The company behind the transistor radio and the Walkman finds itself at the precipice. If its new $600 console doesn't blow gamers away, it may be time to say so long.
(You can read the full article in this month's Wired magazine, or wait until it goes online August 29.)
The PS2 has been outselling the 360 since the 360's launch (need to find the link... just read it yesterday evening)... so I'm sure the PS3 will only add to Sony's marketshare.
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Originally Posted by juniorbean
The PS2 has been outselling the 360 since the 360's launch (need to find the link... just read it yesterday evening)... so I'm sure the PS3 will only add to Sony's marketshare.
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Originally Posted by juniorbean
The PS2 has been outselling the 360 since the 360's launch (need to find the link... just read it yesterday evening)... so I'm sure the PS3 will only add to Sony's marketshare.
But the fact that a $129 console (PS2) is going to sell better than one that is $299 is a
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Originally Posted by Sly Raskal
I agree that all the PS3 will do is increase their marketshare and that's all. Right now all Nintendo and MS can do is attempt to take some of that.
But the fact that a $129 console (PS2) is going to sell better than one that is $299 is a
But the fact that a $129 console (PS2) is going to sell better than one that is $299 is a
Originally Posted by Sly Raskal
I agree that all the PS3 will do is increase their marketshare and that's all. Right now all Nintendo and MS can do is attempt to take some of that.
But the fact that a $129 console (PS2) is going to sell better than one that is $299 is a
But the fact that a $129 console (PS2) is going to sell better than one that is $299 is a
And not really. Typically sales of the older systems fall off sharply, especially a system that has been out for as long as teh PS2 has, and has already sold as many units as it has. In addition, if you talk to any 360 fanboy they think Sony is done b/c they haven't released the PS3 yet, not realizing that the PS2 is outselling the 360 b/c a lot of people are simply holding out for the PS3.
Originally Posted by cazzy
Please find me a link so I can feed it to this 360 troll on another forum!
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Originally Posted by juniorbean
Well, $299 or $399... and the $299 version is a waste.
And not really. Typically sales of the older systems fall off sharply, especially a system that has been out for as long as teh PS2 has, and has already sold as many units as it has. In addition, if you talk to any 360 fanboy they think Sony is done b/c they haven't released the PS3 yet, not realizing that the PS2 is outselling the 360 b/c a lot of people are simply holding out for the PS3.
And not really. Typically sales of the older systems fall off sharply, especially a system that has been out for as long as teh PS2 has, and has already sold as many units as it has. In addition, if you talk to any 360 fanboy they think Sony is done b/c they haven't released the PS3 yet, not realizing that the PS2 is outselling the 360 b/c a lot of people are simply holding out for the PS3.
was for what the article stated, not your post.
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Originally Posted by juniorbean
The PS2 has been outselling the 360 since the 360's launch (need to find the link... just read it yesterday evening)... so I'm sure the PS3 will only add to Sony's marketshare.
Beyond the cost reason that has been mentioned ($129 vs. $399). There have been and I believe still are inventory bottlenecks for the 360.
Plus the PS2 has an installed base of about 100 million units, so most of the current sales I would bet are people replacing their dead PS2 units with new ones and isn't significantly adding to the PlayStation's market penetration.
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I think it's just the worry about spending $400 on something that will stop working a few months later. I think it's the price that's really killing the sales onteh 360. I don't think the ps3 will fare much better. While the diehard sony fanboys will easily shell out all that cash for it (for whatever crazy reason) that doesn't mean that most gamers will.
$1000 for two consoles??? holy shit. The last generation of consoles (all three of them) could be had foor less than that at their original starting price. I personally think it was a mistake to try to turn a gaming system into a "multimedia center" or whatever the fuk they call it. I arleady have a dvd player, i just want to play games, so don't force me to buy all this shit that I don't even want becuase YOU think I should.
AS for the Wii, I'm sure many of hte "hardcore gamers" will be saying "oh I'm not gonna buy that. It doens't have good graphics. It's for little kids." That will likely killl some of their sales. I wonder if non-gamers really will end up buying the Wii as nintendo hopes, just as they did with the DS. Hell, last month the DS AND the DS lite both outsold the PSP. I wonder if somethign similar will happen witht he Wii because fo the price point.
we'll certianly see how this turns out. Personally I can't wait to see exact numbers a year from now.
$1000 for two consoles??? holy shit. The last generation of consoles (all three of them) could be had foor less than that at their original starting price. I personally think it was a mistake to try to turn a gaming system into a "multimedia center" or whatever the fuk they call it. I arleady have a dvd player, i just want to play games, so don't force me to buy all this shit that I don't even want becuase YOU think I should.
AS for the Wii, I'm sure many of hte "hardcore gamers" will be saying "oh I'm not gonna buy that. It doens't have good graphics. It's for little kids." That will likely killl some of their sales. I wonder if non-gamers really will end up buying the Wii as nintendo hopes, just as they did with the DS. Hell, last month the DS AND the DS lite both outsold the PSP. I wonder if somethign similar will happen witht he Wii because fo the price point.
we'll certianly see how this turns out. Personally I can't wait to see exact numbers a year from now.
Last edited by ghost_masterCL; Aug 24, 2006 at 07:20 PM.
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Originally Posted by Yumchah
Inventory bottlenecks? Plenty of 360s here and any other city I've been to lately. 
More so during the early days, and I bought it when it first came out, so I haven't done a lot of shopping, but I know that up until a few months ago it was still not consistently in stock at places like amazon.
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The PS2 outsold the 360 during the holidays due to the 360 shortages in the US. In March when the shortages were reduced, the 360 outsold the PS2 for a few months. During the past month or so, the PS2 took the lead again, but it was only by 10,000 units or so.. 280,000 versus 290,000.
You have to realize the 360 costs over 3x as much as the PS2 and many PS2 sales are replacements.
The PS3 will sell well initially, but until the price drops it will have a hard time selling to casual gamers who make up the majority of console consumers
You have to realize the 360 costs over 3x as much as the PS2 and many PS2 sales are replacements.
The PS3 will sell well initially, but until the price drops it will have a hard time selling to casual gamers who make up the majority of console consumers
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Originally Posted by cusdaddy
The PS2 outsold the 360 during the holidays due to the 360 shortages in the US. In March when the shortages were reduced, the 360 outsold the PS2 for a few months. During the past month or so, the PS2 took the lead again, but it was only by 10,000 units or so.. 280,000 versus 290,000.
You have to realize the 360 costs over 3x as much as the PS2 and many PS2 sales are replacements.
The PS3 will sell well initially, but until the price drops it will have a hard time selling to casual gamers who make up the majority of console consumers
You have to realize the 360 costs over 3x as much as the PS2 and many PS2 sales are replacements.
The PS3 will sell well initially, but until the price drops it will have a hard time selling to casual gamers who make up the majority of console consumers
finally someone without any bias.
Originally Posted by cusdaddy
The PS2 outsold the 360 during the holidays due to the 360 shortages in the US. In March when the shortages were reduced, the 360 outsold the PS2 for a few months. During the past month or so, the PS2 took the lead again, but it was only by 10,000 units or so.. 280,000 versus 290,000.
You have to realize the 360 costs over 3x as much as the PS2 and many PS2 sales are replacements.
The PS3 will sell well initially, but until the price drops it will have a hard time selling to casual gamers who make up the majority of console consumers
You have to realize the 360 costs over 3x as much as the PS2 and many PS2 sales are replacements.
The PS3 will sell well initially, but until the price drops it will have a hard time selling to casual gamers who make up the majority of console consumers
Of course with the price of the PS2 more then half as much as the base 360 it will sell more, however I disagree with the last statement. Casual gamers typically don't spend more then $200 for a system. This is the market the Wii will capture. Anyone who ponies up $300 for a 360 wouldn't think twice about spending another $100 for a PS3 if they decided to go that route. The new systems (360 and PS3) are not really marketed towards casual gamers. With the exception of the Wii... those days are over.
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Originally Posted by juniorbean
How do we know that many PS2 sales are replacements? Do you have numbers for this? I know 6 people including myself with PS2s, and all 6 of us are on our original PS2s that we bought on launch day. That I know for a fact. I also know many people at my job who have never replaced their PS2. I don't have an exact number, but if I had to guess I'd say around a dozen or so.
That is amazing, I don't think I know a single person who bought the PS2 when it first came out that still has their original one. Maybe if they left it in the box for the last 6 years.
They have sold about 45 million PS2 units in the US. And there will be about 3-4 million units sold this year. I find it very hard to believe that those sales are new market penetration, and would be willing to bet that they are mainly people replacing dead units. Especially considering their record:
http://www.gamespot.com/news/6139482.html
^ LOL, yeah, I knew about the good old Disc Read Error. I knew there were widespread problems with it... but didn't realize it was so widespread that knowing that many people who haven't had problems was amazing. Several os us even modded ours to play back-up copies, and we still are going strong...
I still think most of the sales are new purchases. All of the spoiled boys and girls may have been part of the 45 million, but since the price has dropped to $129 it's much easier for Mommy and Daddy to swallow, and Junior ends up getting his PS2 after all. I know several neighbors who wouldn't buy a PS2 for their kids (poor kids were playing N64
)... but since the price dropped, several received some for birthdays, etc....
I also picked up a second one for my bonus room. This way I don't need to carry the system up and down anymore... just the game. I'm sure I'm in the minority, however, I doubt I'm the only one who puchased an additional system. Think of all the ricers who bought a 2nd one for their Civics!!
I still think most of the sales are new purchases. All of the spoiled boys and girls may have been part of the 45 million, but since the price has dropped to $129 it's much easier for Mommy and Daddy to swallow, and Junior ends up getting his PS2 after all. I know several neighbors who wouldn't buy a PS2 for their kids (poor kids were playing N64
)... but since the price dropped, several received some for birthdays, etc....I also picked up a second one for my bonus room. This way I don't need to carry the system up and down anymore... just the game. I'm sure I'm in the minority, however, I doubt I'm the only one who puchased an additional system. Think of all the ricers who bought a 2nd one for their Civics!!
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Originally Posted by Silver™
That is amazing, I don't think I know a single person who bought the PS2 when it first came out that still has their original one. Maybe if they left it in the box for the last 6 years.
They have sold about 45 million PS2 units in the US. And there will be about 3-4 million units sold this year. I find it very hard to believe that those sales are new market penetration, and would be willing to bet that they are mainly people replacing dead units. Especially considering their record:
http://www.gamespot.com/news/6139482.html
They have sold about 45 million PS2 units in the US. And there will be about 3-4 million units sold this year. I find it very hard to believe that those sales are new market penetration, and would be willing to bet that they are mainly people replacing dead units. Especially considering their record:
http://www.gamespot.com/news/6139482.html
I am not bias by any means. I am not an Xbox guy or a Playstation guy...I am a gaming guy. I have the PS2 and I had the original Xbox as you can see in the pic. I bought the 360 and will buy the PS3 because I won't choose sides, so I will buy them both. I think the 360 has huge upside, but to date, they have not put out many titles that you could write home about. 9+ months have passed and we still have not seen the 360’s full potential. It seems like Microsoft has put all their eggs into one basket...ie Halo 3. Heck, we don't even have Gears of War to play yet!
If history repeats, the PS3 will have better games unless Microsoft gets on the ball. Before the 360 launched, Bill Gates said he brought on board better game developers for the 360?!?!!? Where are the great games these new developers made????
Last edited by cazzy; Aug 25, 2006 at 01:34 PM.
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