Satoru Iwata, President of Nintendo, spoke to investors last week in regards to the company’s current financial reports. Surprisingly enough, Iwata revealed that Nintendo and Sony are currently going toe-to-toe in sales between the company’s Wii and Sony’s PlayStation 3. This is shocking considering the huge lead Nintendo held at the halfway point of this year.
“A notable dip can be seen in sales of Wii this year; which is approximately half the size of last year. On the other hand, Sony’s PS3 showed a good transition and they increased the unit sales by about 50%,” said Iwota.
“Although we held more than a 60% hardware market share through last year – Wii has 42% and PS3 40% share thus far this year – so both machines are neck and neck in Japan.”
Iwata remains confident, however, that the recent price drop will help push the company’s sales for this upcoming Holiday season. However, with Sony releasing their Japanese-exclusive Final Fantasy XIII in December, it should give Sony a strong push to sell even more consoles than expected.