Is something going on I don't know about?
"Since its 2006 debut, the PlayStation 3 has sold 16.84 million units worldwide, according to new financial documents released by Sony." [http://www.shacknews.com/onearticle.x/55626]
This article is dated Oct. 29, 2008. If the PS3 sells ten million units (or a third of its total sales in the past two years) EVERY month, then the PS3 barely makes it to 150 million units by Jan. 1, 2010.
So why the **** has this stock gone UP $4.00 in the past two months? It was $53.00 on Oct. 12. Now it is $57.00 on Dec. 8th.
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from alpha, il
I've been wondering about the to, from data i can find your right. My geuss is that many people are counting on a huge x-mas sales bump. while i do expect a bit of x-mas bump, however the econmy is worldwide, but it's to pricey. With money tight for most people and wii's new way to play as well as lower price. chances of ps3 dramtily incressing it's markte share seems bleak. Wii's apeal to nongamers took even me back abit, my mother inher 50's, who's gameing only includes windows solite and majong wants one and my grarndfather in he's 80's thought it looked fun. With that in mind that in mind many nongamers are the ones who buy gameconsoles, the Wii's price and more freindly apprence with these shoppers will make and lager scale ps3 x-mas bump hard going.
I think season sales historically would be a good reason; I just don't know with the economy. I prefer the Wii to the PS3, but I know many people are very impressed with the Xbox360's graphics.
(Whatever the reason, $53 up to $57 is a $4 jump, not $5. No biggie, Calculus just makes you wary of little mistakes :D)
from Vienna, Virginia
Thanks for catching the typo.
Even if the PS3 sells 20 MILLION units for both Christmases (which is extremely unlikely) then it still needs to sell 93 million more units from Jan 2009-Nov 2009. This will amost certainly not happen:
1) 20 million need to be sold this Christmas
2) After selling 20 million units for Christmas, they will have to sell 8,500,000 units for eleven strait months
3) After selling 117 million units in 12 strait months, they will still have to sell 20 million in Dec 2009.
4) Let's face it; there are not 150 million people who WANT to buy a PS3!