Blast From the Past: Lord of the Consoles: 600,000 Nintendo Wii’s Sold!

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Almost 10 years ago, exactly on Nov 29, 2006

With much focus on Sony’s PS3 release, we’ve forgotten to take a look at the most likely champion of the consoles. Nintendo Wii has sold over 600,000 units in only 8 days!
That’s 75,000 a day or 3125 an hour or 52 a minute!!!!! (On an average scale of course)

The decisive factor was probably due to two things:

1- It’s low cost in comparison to PS3s. Wii costs $250 which is about half the price of a PS3 even after discount!
2- There were simply more units to sell.

“We’ve shipped retailers several times the amount of hardware the other company was able to deliver for its launch around the same time — and we still sold out,”

– Nintendo of America President Reggie Fils-Aime said in a statement.

I guess the first rule of business is: “supply and demand.” Nintendo has them both!