Latest in Gaming

Image credit:

Pachter talks Wii supply, forecasts August earnings


We all know Michael Pachter has no problem tossing his two pennies around, and his estimations for the month of August might surprise some of you. When it comes to sales, the Wedbush Morgan analyst sees Nintendo making around $100 million on software. As for hardware, it's a different story, as a decline is expected.

"Because the U.S. has received only around 1/3 of total Wii production to-date, instead of a more normal 40 percent, there has been a severe shortage of Wii supply here that has yet to let up," says Pachter. He thinks that the supposed production increase won't take effect in North America until September.

See also: GameStop CEO sees no 'end in sight' for Wii shortages

From around the web

ear iconeye icontext filevr