Even though Sony's PlayStation 3 is far behind both the Nintendo Wii and Xbox 360 in console sales, analysts at Strategy Analytics contend that when all is said and done, Sony will sell more consoles than its competitors.
In a report titled, "Taming the Waves: Games Console Life Cycles and Platform Competition," analysts from Strategic Analytics said the PlayStation 3 will have a much longer shelf life than current market leader the Nintendo Wii.
In fact, the analyst firm claims that the PS3 will be a "commercial platform five years after the Wii has been replaced." Because of that, it believes that lifetime PS3 sales will hit 127 million units, while Nintendo will sell a grand total of 103 million Wii units.
"Nintendo has done a great job with the Wii in bringing console games to new audiences," David Mercer, Principal Analyst at Strategic Analytics said in a statement. "But its sales are now falling, particularly in mature markets, and its installed base will peak in 2011."
Mercer believes that PlayStation 3 ownership will hit its "highest point between 2012 and 2014."… Read more