Decline in Wii sales possible in July, “enhancements” to PSP and DS this year, says analyst

Monday, 11 August 2008 12:42 GMT By Patrick Garratt

It’s NPD week! Lazard Capital’s Colin Sebastian just issued a note saying the firm expects Wii sales to have dropped in the US last month, although the doomsayer may have to wait for their “I told you so” moment for a while yet.

“We believe a sequential decline in Wii sales is possible in July, and would indicate a pre-holiday inventory build rather than a demand issue,” said the analyst. “We also note that the console appears to be in stock at many overseas retail locations.”

Sebastian went on to predict that we can expect hardware “enhancements” to both PSP and DS this year.

“We expect a number of meaningful hardware announcements this fall, likely to include price cuts on the Xbox 360 and enhancements to handheld systems from Sony (PSP) and Nintendo (DS),” he said.

NPD results are out this Thursday, August 14.