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Analyst - latest financial data shows that Wii growth may be over, Nintendo knows something big has gone wrong

by rawmeatcowboy
29 January 2009
GN 1.0 / 2.0

“Today’s revision suggests that the roaring pace of Wii growth that we’ve seen until now may be over. The numbers also imply that we are going to see a sudden collapse in the fourth quarter from record margins to some of the thinnest margins Nintendo has experienced for three years. they know something big has gone wrong, and that people are not buying the machines.” - Hiroshi Kamide, KBC Financial Products

So…Nintendo knows that there is a big issue? What issue could there be? Wii sales are sure to drop now that the holiday season is over, but would we really see huge public interest in November and December, only to see no one want the Wii in January? I’m no analyst, but I don’t think we’ll see a complete 180 when it comes to sales.