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Analyst: PS3 continues to set records, Wii and software sales down


Sterne Agee analyst Arvind Bhatia says that Sony is in for a good 2010 -- he expects the PlayStation 3 to experience its largest year-over-year growth from last month's sales among all consoles, and for Sony to beat its own record from the month before for the console's best sales ever. The PS3 appears to be on a roll, and January sales are expected to continue the trend.

Bhatia also says that the Wii's sales are being hurt by "meaningful shortages," and points out that just 28% of the stores NPD checked in January had Nintendo's console in stock. Bhatia also suggests that Xbox 360 sales would be up slightly, due to a big GameStop promotion, and that software sales would be down in general. Not unexpected, given that January almost never matches up to the frenzy of the holiday season, but 2010 has already started off with a bang in terms of quality releases. NPD's official info, released soon, will let us know if there were sales to match.

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