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Analyst: Wii will be a drag on overall softwares sales through the holiday, PS3 has advantage over Xbox 360

“While core gamers who own a Wii own more Wii games on average than casual gamer Wii-owners, the average title ownership spread between the two categories of gamers is much lower than it is for owners of Xbox 360 and PS3 consoles,”

“While we believe the Wii is likely to be a drag on overall software sales through the holiday, the impact should be limited to those publishers which have invested significantly in Wii development, with the biggest negative impact likely to be felt by EA, which (unwisely in our view) heavily invested in Wii development for calendar 2009.”

“With the frontline Xbox 360 console also retailing for $299, we believe Sony now has, for the first time, a significant price advantage at retail… This is particularly true in the minds of serious gamers who are more likely to be considering the PS3 vs. the Xbox 360 Elite rather than the $199 Xbox 360 Arcade version.” – Doug Creutz, Cowen Group analyst

Creutz may have a point about the Wii.  However, I expect that New Super Mario Bros. Wii and the Wii console will be the top seller over the Holidays.

With that said I think he is wrong about the Xbox 360 and PS3.  I will be really shocked if the PS3 outperforms the Xbox 360 in any way.

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-Justin

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