Sometimes you just have to pat yourself on the back, which is made quite a bit easier if you have long arms. Today, I bring to you two pieces I wrote a year ago, "A 'Wii' Roundup and Why the PS3 is poised to lose the next-gen battle.
Now, shamelessly, I submit these pieces to you as proof that all of the video game stock market analysts should listen to me as their guru. Okay okay, let's get down and dirty with some quotes.
First, the Wii
The 'Wii' will not pump out graphics in HDTV, will not try to be the center of your living room entertainment experience, and will not cost more than $300 (according to the best guesses of analysts...personally, I feel they're going to launch it at $199). What it will do is become the de facto gaming machine of the next-gen consoles.
So, I got the price wrong by $50, but otherwise, to this point, the Wii has taken the world by storm. I'll have to check in a year from now to see if the prediction still holds up.
Much has been written about this controller and the more I read about it, the more I'm convinced that Sony and MS will soon be copying the idea.
Well, tack one up for Sony copying the idea. We'll just have to wait and see if MS does the same.
People will come around on the 'Wii' name. It's just a matter of time. Those who think it's a horrible name won't care what it's called when they're having the best gaming experience they've ever had.
The name is no longer a problem. In fact, it's widely accepted and easy for people to remember. As far as the best gaming experience they've ever had, if you could see (or read about) the smiles on the faces of those who play Wii Sports tennis for the first time, you'd see what I mean.
And, now the PS3
Sony's annoucement of price, launch plans, and the motion sensing controller, all add up to one thing: third place in the next gen console war.
Not a bad prediction for 6 months prior to the launch of the system that everybody thought was going to blow the Wii out of the Sea of Japan.
Sony is attempting a world-wide launch starting in Japan on November 11 and the rest of the world on November 17. Remember what happened to Microsoft? Shortages, angered die hard fans, stores ripping people off (Best Buy, I'm looking in your direction), and sluggish software sales due to fewer than expected consoles made Microsoft look pretty bad. Unless Sony has some sort of magic carpet delivery service and Santa's elves working on production of the system, there are going to be problems getting the system into the hands of the people.
Can anybody say a six month delay for Europe and Australia?
Sony is in trouble. Many things are working against them. Stiff competition from an established X360, a low priced and revolutionary Wii, a high price point, and predicted shortages will make for a poor holiday season. By the time Sony gets back up on their feet, the X360 will have a firm hold on units sold, and Nintendo will be the darling of the industry.
Booya! Sales comparison. And, there's no denying that Nintendo is the darling of the industry. A year ago, their stock price (NTDOY) was $18. Today it is $40.