Topic: Sony May Have Missed PlayStation 3 Goal, Analysts Say (Read 38 times)

PS3Scene · « **on:** November 21, 2006, 09:17:00 AM »

Sony May Have Missed PlayStation 3 Goal, Analysts Say
Posted by XanTium | 21-11-2006 10:41 EST

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Quote

Sony Corp. may have missed its goal of having 400,000 PlayStation 3 consoles in U.S. stores for the video-game player's Nov. 17 debut, analysts said.

The number of machines available was ``even lower than expected,'' Kaufman Bros. Equity Research analyst Todd Mitchell said today in a research note. Analysts including Michael Savner at Banc of America Securities and Anthony Gikas at Piper Jaffray & Co. also predicted a shortfall.

Parts shortages forced Sony to reduce its year-end goal for worldwide shipments of the new console by half, to 2 million, in September.

``We shipped as many PlayStation 3 units into the North American market as possible and continue our efforts in supplying systems to retailers nationwide through the holidays,'' Sony spokeswoman Kimberly Otzman said today in an e-mail.

The company is airlifting in shipments weekly, and aims to have 1 million units in U.S. stores by the end of the year, Otzman said. She didn't say how many shipments were on hand for the launch.

Read More: bloomberg.com

incognegro · « **Reply #1 on:** November 21, 2006, 08:34:00 AM »

1 million? what happened to 2 million by year end?

This must explain my sig (IMG:style_emoticons/default/wink.gif)

BasicAir · « **Reply #2 on:** November 21, 2006, 09:05:00 AM »

This analyst is an idiot because several media outlets have confirmed at least 10+ days ago that Sony has reported they were not able to meet the 400,000 units mark.

I would assume any analyst would have been privy to this information and be keeping up with news but I guess they're too stupid. Idiots.

mc_365 · « **Reply #3 on:** November 22, 2006, 07:43:00 PM »

Analyst must use real numbers from accountable sources when presented as facts.

An estimate was given.

Analyst monitor factors that will determine if the estimate will be met, exceeded, or fell short of.

Finaly the true numbers are counted and those who bet correctly win and if the analyst prediction came true he brags about it.

If the analyst missed the forecast he tries to explain what unforeseen events cuased his error.

Or the analyst just sais nothing and makes his next prediction.

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