Is Sonys PS3 Really a Sinking Ship?
CNN has declared Sony’s PS3 “a sinking ship” riffing off last Thursday’s “plummeting” NPD sales results. CNN bases its gloomy diagnosis on Sony’s sales plunge of 19 points, compared to sales in November 2007. That’s a fair criticism, but it isolates a superficially negative statistic while ignoring the fact that this November only included two days of post-holiday sales (11/28 – 11/29) compared to last year’s eight total (11/23 – 11/30). I’m speculating here, but if you could adjust for that difference, it’s very likely PS3 sales would have increased, however slightly, year-over-year. What’s more, Sony rightly points out that the PS3 has seen hardware sales grow 60% year-to-date. I realize the PS3 wasn’t selling well in 2007, so that figure’s less impressive than it sounds, but growth is growth, any way you slice it. What’s more, look at PS3 and Xbox 360 units sold in total worldwide, and Sony pretty much throughout 2008 has actually been playing catchup. Then there’s the PlayStation b
