Saturday, December 15, 2007

Nintendo Wii Shortage = -$1,000,000,000!?!?!?!?

Hundreds of people hoping to buy a Nintendo Wii lined up Thursday at the Nintendo World store in Manhattan.

Nintendo has already gone on record stating that the Wii shortages have been a detriment to the company—that they've lost out on potential sales since much of Nintendo's target casual gaming audience won't bother with it down the line. But while we all know Nintendo has screwed up, I have no clue just how much this mistake cost them in real, speculated dollars. James Lin, senior analyst at the MDB Capital Group, puts the estimated lost sales at $1.3 billion stating that, "They could easily sell double what they are selling." That's the price of success, I guess.

No comments: