Nintendo Wii HD To Dominate Console Market By 2015

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An analyst is forecasting that Nintendo will continue to dominate the gaming console domain for the next couple of years or so, and that the HD iteration of Nintendo Wii console is there in the offing.

Speaking to Edge Online, Michael Pachter, an analyst with Wedbush Morgan, asserted that the HD upgrade of Wii will help the console beating Sony PS3 and Microsoft Xbox 360 to second and third spots respectively in global sales of consoles by 2015.

Predicting the dominance of Nintendo Wii in game consoles market for the next two years, he said in a statement, “The console’s low price point, innovative control mechanism, and compatibility with standard definition televisions will provide it with a competitive advantage over the next two years”.

He further went on to say that Sony will eventually hit the second spot, primarily because of the company’s victory in the HD DVD format war, while Microsoft Xbox will slip to the third spot, owing to its lack of penetration in Japanese market.

Incidentally, he further claimed that Nintendo Wii will snare a considerable 49 percent share of the game consoles market across the Europe and US by the end of this year, followed by Xbox 360 with 29 percent, and Sony PS3 with 22 percent.; however, Sony and Microsoft are expected to have an equal share of 26 percent each by 2011, he added.

Source: itproportal