More trouble for Sony:
Alone among the three major videogame consoles, sales of the PS3 are down about 19% from November 2007, according to the latest stats from the NPD Group. Sony was only able to sell 378,000 PS3s this November, compared to 466,000 last year.
And the problem for Sony isn’t the recession, it’s the PS3. Microsoft (MSFT) put up respectable numbers with its Xbox 360, selling 836,000 units vs 777,000 in November 2007. And Nintendo’s (NTDOY) Wii continues to dominate the market, more than doubling sales from 981,000 to 2.04 million.
Less fun than the Wii, twice as expensive as the Xbox 360. That’s why Playstation 3 isn’t selling.