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Sony Touts PS3 Momentum; But Analyst Bets on Wii

Blake Snow, GamePro

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Sony is confident things will start picking for the PS3 this holiday, though one analyst begs to differ saying it will be yet another Wii Christmas.

"The PlayStation 3 sold 121,000 units at retail for the month of October," Sony said in a statement immediately following the release of October sales data, which showed PS3 trailing Wii and 360 by a wide margin.

"Sony expects a great deal of momentum moving forward this holiday and beyond with the availability of new PS3 hardware and pricing. Based on internal data, the company is already seeing a great spike in sales with a 192 percent lift for the PS3 over the past two weeks."

Analyst Jesse Divnich, however, believes Wii will continue to dominate by a wide margin this holiday despite the recent PS3 price cut.

"Although the grass may look greener on the other side, the market still questions Sony's ability to generate strong first-party sales -- a key factor to any console's success," he said.

For more computer gaming news, visit GamePro. Story copyright © 2007 IDG Entertainment. All rights reserved.

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