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Wednesday, September 10, 2008

Wii Might Repeat Last Year's Sell-Outs

The CEO of GameStop said as part of an interview with Gamedaily

"I've never seen this type of demand before. I know they're making more, but we're still short like everybody else. I think we'll have a continued shortage this Christmas. I don't see a near-term end in sight for Wii shortages, not unless they really ramp up supply. I think they've ramped it up 20 percent or so, but Nintendo is fairly cautious by nature. They ramped it up 20 and it's still evaporating."

I predicted this same thing back on January 31st of this year. I said Wii resale prices will be above $400 this Christmas season. I stand by my prediction but I don't think the price spike will be as bad as last year's. See the chart below for the 2007 Wii prices.


Wii prices increased almost $200 during November 2007. Right now Wii Console's are selling for $250, the retail price. If the GameStop CEO is right, this is probably the lowest price the Wii Console will be the rest of 2008.

2 comments :

mndrix said...

Time to cash out my retirement savings and start buying Wiis.

Quemadura said...

My student loan is going towards a stack of Wiis. lol. I hope you're right, because I think it will be a repeat too.

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