Underdog Nintendo Wii Runaway Winner of Console Wars With 3.6 Million Owners Strong
Our guys have been telling you about a revolution in video games – now the numbers are proof positive they were right! Nintendo’s (NTDOY) Wii console is outselling Sony’s (SNE) Playstation 3 and Microsoft’s (MSFT) Xbox 360 combined this year. What's the trade as Wii sweeps the world?
Jeff Macke says the trade is Activision (ATVI) because Wii sales caught the market by surprise and consequently, Activision is scrambling to meet the demand for more games. They will have 12 new titles for Wii by the end of the year.
Also, Jeff says Wii games cost less to make than Playstation 3 and Xbox games.
Eric Bolling adds retailer Gamestop (GME) will also benefit from the surprise success of Wii.
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