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Sony CEO: PlayStation 3 Stock Shortages Are Possible This Year 400°
September 23, 2009 // 8:19 pm - In an interview today, chief executive of Sony Computer Entertainment of America Jack Tretton said he expects the PS3 price cuts and lineup of popular games due ahead of the Christmas holiday will lift the entire video game industry, following some six months of sales declines.

However, he also noted that higher demand for the PlayStation 3 could leave some retailers out of stock.

To quote: "In a very difficult economy, I couldn't be more optimistic about our fortunes for the rest of the year and for the future," he said.

But he noted that higher demand...

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Nintendo President Reggie Fils-Aime warns of Wii Shortages 50°
October 6, 2008 // 9:59 pm - Nintendo of America President Reggie Fils-Aime has again warned that they may struggle to meet the huge demand for the Nintendo Wii this holiday.

To quote: Fils-Aime was cautious on whether the company would be able to meet demand again this holiday.

"I don't know if we'll be able to, but were we to get in a car right now and go to 100 retail locations in the San Francisco area, we would not be able to find a Wii in at least 60 of those stores," he says. "Our hope is that by next week, the Friday after Thanksgiving, and on Dec. 23, you'll be able to...

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Sony makes most of Wii shortages 50°
November 17, 2007 // 3:03 am - Sony is taking advantage of Nintendo Wii shortages and a recent price cut of the PlayStation 3 to double weekly sales of the console in the US.

Sony boss Howard Stringer told the Associated Press news agency: "It's a little fortuitous that the Wii is running out of hardware."

Two weeks after the price cut Sony sold 100,000 PS3s in seven days.

Mr Stringer said the increase in sales of the console was "the breakthrough we have been anticipating."

He added: "Obviously, we've taken so much heat over the year on PS3. Finally, the turning point has...

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Nintendo warns of Wii shortages 50°
November 15, 2007 // 3:57 am - A chronic shortage of Nintendo's popular Wii console could mean disappointment for those putting it at the top of their Christmas list.

The BBC has learned that high street retailers are struggling to keep up with demand for the console, which has been in short supply for months.

Websites such as have been set up to help shoppers find out when stock becomes available.

Nintendo said it was "doing everything possible" to keep up with demand.

Its push to fill the shelves in time for Christmas will see it ship an extra 3.5 million...

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