"Microsoft got the jump on the industry with a one-year headstart, but nine months after its the launch, the Nintendo Wii overtook the Xbox 360 on a global basis. While the PS3, has struggled out of the gate, we note that since last fall, the console has been outselling the Xbox 360 in Europe, and in the first two months of this year has even outsold the Xbox 360 on its home turf, in the U.S. (In Japan, overtaking the Xbox 360 was almost immediate). With its strong slate of software scheduled for the coming year, we expect a material acceleration for the PS3 this year, but we believe the Wii will sell more than the PS3 and Xbox 360 combined this year," commented Daniel Ernst of Hudson Square Research.
