Posts Tagged ‘credit crunch’

nintendo-logo.gifThough the Nintendo Wii has crossed 7 million mark in Japan, a considerable decrease in the sales of this popular family console has been noticed there during the last month.

The Wii has proved quite successful for Nintendo, but some figures from Enterbrain indicate that there is a 24% reduction in its sale at the time when it’s entering in the second year of its life.

The figures show that around 5m units were sold by January this year that comes to 385,000 units per month on average basis, but since that time only two million units have been sold that comes to 292,000 per month.

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In the past, Gaming console have been doing good in shopping rush days ahead of the Christmas and a rise in sale can be expected if things remain unaffected from credit crunch, but how it’s possible? So no need to paint a rosy picture. Read the rest of this entry