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PlayStation 3 gets cut to ribbons

If Sony (NYSE:SNE) is anywhere close to Mudville, there is no joy there. The sales for PlayStation 3 sales during December were routed by Microsoft Corporation's (NASDAQ:MSFT) Xbox and the Nintendo (NASDAQ:NTDOY) Wii.

According to NPD, which seems to be quoted as the research firm of choice in almost every press account of software and consumer electronics, PS3 sold 490,700 units in the U.S. during December. Xbox sold sold 1.1 million of its 360 machines and Nintendo sold 602,400.

There is a theory that if PS3 did not have a supply problem, it would have had higher unit sales. Would have, could have, should have.

The old PS2 actually outsold all of its competition hitting 1.4 million units in the U.S. in December.

Makes Wall Street wonder why Sony bothered with the PS3 at all.

Douglas A. McIntyre is a partner at 24/7 WallSt.

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Last updated: October 07, 2008: 08:19 PM

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