Sony is one of the greatest name in the field of gaming . It has been given an outstanding boost for the video game industry of multi billion dollar.A survey is conducted which results that in 16 months,PlayStation 3 outsold Nintendo's Wii in Japan for the first time .Sales of Japanese of the PlayStation 3 surged 80% in just 5 weeks to March 29 from a year earlier to 146,948 consoles , while demand for the Wii plunged almost 63 percent to 99,335 , said by the publishing firm Enterbrain Inc.Some of the experts said that :
Nintendo has already sold so many Wii consoles that it appears to be struggling to find new buyers, but it should continue to enjoy strong demand for games and accessories.
Okasan Securities analyst Masashi Morita said that:
PS3 hardware sales picked up due to brisk-selling software.But I don't see any drastic change in the industry landscape
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In 2006 , the Wii launched , at that time it was known for its innovative motion-sensitive controller which has appealed to people buying a video-game machine, for the first time.
Handsomely , strategy has paid off and rewarding Nintendo with surging profits in recent years.In 2008 , in United States of America more than 10 million Wii machines were sold , which is a record sale for a new video game.Osamu Hirose, an analyst at the Tokai Tokyo Research Center said that :
The market for the Wii is saturated. People who already have a Wii console may as well go for another game console, such as the PS3.But it also means Nintendo has more potential to grow because it can start selling software once people have its hardware consoles.
According to the forecast , Nintendo has a 10.6 percent fall in net profit to 2.3 billion dollars in the year to March 2009, so that it would be more respectable performance than Sony.
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