Analyst: US Wii sales 'steady' despite Japanese decline

Last week, Nintendo president Satoru Iwata described the Wii's sales status in Japan as "the most unhealthy situation since its launch in Japan." According to Lazard Capital Markets analyst Colin Sebastian, the situation is significantly healthier in the US. "With recent data from Japan indicating a slowdown in Wii hardware, our checks in the U.S. still indicate fairly steady sell-through," Sebastian said. Any perceived drop in hardware sales is attributable to normal "seasonal sluggishness."Even better, production increases mean that, for once, there is enough supply to meet the steady demand. Sebastian reports that Wii hardware is "widely available at retail." If Wii Sports Resort is expected to fix the "unhealthy" situation in Japan, we may expect hardware supply to dip again worldwide when that comes out.Read | Permalink | Email this | Comments