Gamernode: News - Can PS3 and Wii sales overtake X360 sales in 2008?

Can PS3 and Wii sales overtake X360 sales in 2008?

I usually don't heed what analysts or research firms predict regarding the gaming industry because real results can change at the drop of a hat. But they always tend to grow into good conversation pieces so with that said, research firm iSuppli released some facts with Reuters on how PS3 and Wii sales will overtake Xbox 360 sales by the end of 2008.

According to iSuppli, worldwide sales of the PS3 are expected to hit 10 million this year, while worldwide sales of the Wii and Xbox 360 will hit 12.2 million and 7.5 million respectively.

While the PS3 will appear as the underdog and overtake the Xbox 360, analysts are suspecting that the Wii will be the runaway success this year - at this stage, the Wii will hit 30.2 million units. In the month of January, the Wii was the best-selling console with 274,000 units sold, while the PS3 was in second place with 269,000 units sold.

Pam Tufegdzic, iSuppli analyst, said, "In this stage of the new-generation video game console market, consumers are showing they'd rather be entertained and pay less for their consoles than shell out more for the latest and greatest technology."

Even though the PS3 has been struggling lately with its high prices and lack of excellent games, iSuppli predicts that the PS3 will double its base to 20.3 million and to 38.4 million by 2011.

Analysts say the Xbox 360 is currently struggling with other countries such as Japan and Europe, while the other two consoles have sold rather well.

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