GameCube outselling PS2, ..by 20 percent Options

[Mute]

QUOTE

Nintendo console king of the hill at major US retailers Those calling for price drops in the Xbox and PS2 got some major ammunition today, with Nintendo announcing that its recently discounted GameCube is the top-selling console in the US. In a statement, Nintendo cited figures that had the Cube outselling Sony's PlayStation 2 by a solid 20 percent during the week of October 4. The spread was even wider for Microsoft's Xbox--GameCube sales surpassed Xbox sales by a whopping 145 percent. Unfortunately, hard sales numbers won't be available until the next Toy Retail Sales Tracking Service (TRSTS) report. The figures are a vindication for Nintendo's bold price cut last month, which dropped the GC's price from $149 to just $99. It is possible that the high sales numbers will help convince skittish publishers and third-party developers that the platform is here to stay. By Tor Thorsen, GameSpot  [POSTED: 10/08/03 02:10 PM]

I'm smelling Sony pricecut. >=D Hopefully it'll happen soon enough for me to get the system and Castlevania when it comes out.
<_<

However, I also heard that for the first time since Nintendo entered the industry they posted a net loss. Perhaps the boosted sales of the systems will hike up game sales.

[unitself]

I read that, thanks to all of these sales, Nintendo has started back up GC production. In case you (the royal you, that is) didn't know, Nintendo haulted new GC production a few months ago. They said it was because of slow sales and that their warehouses were full of unsold product. But, since they dropped the price by $50, the lunchbox has been selling like hotcakes!

fun fact!
SELL LIKE HOT CAKES - "Hot cakes cooked in bear grease or pork lard were popular from earliest times in American. First made of cornmeal, the griddle cakes or pancakes were of course best when served piping hot and were often sold at church benefits, fairs, and other functions. So popular were they that by the beginning of the 19th century ‘to sell like hot cakes’ was a familiar expression for anything that sold very quickly effortlessly, and in quantity." From "Encyclopedia of Word and Phrase Origins" by Robert Hendrickson (Facts on File, New York, 1997)