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AAPL Stock: 562.29 ( -3.03 )

GameStop worried about stock of Wii, PS3

updated 04:00 pm EDT, Thu August 17, 2006

GameStop console stock


The pre-order madness continues with news that GameStop will not be taking pre-orders for the Wii or the PS3 until it can be sure of how many units it will have ready. At the moment the company predicts 750,000 Wiis and 1,000,000 PS3's, which is substantially less than it was hoping for. The company is anxious to avoid the mess it got into with the Xbox 360. "We don't want to do what we did last year," GameStop's Dan DeMatteo says, "which was to take way too many [pre-orders] on the 360, and then under-deliver. We want to get closer to keeping a promise to the consumer." The company expects to hear from Nintendo later this month, but has no idea when Sony will have hard numbers.


by MacNN Staff

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