Thu, Jan 03, 2013 | 17:33 GMT
Wii U holiday hardware and software sales at GameStop “below expectations” – analyst
Sterne Agee analyst Arvind Bhatia has said in his latest investor note that sales of Wii U hardware and software at GameStop were below expectations over the holiday period.
According to Bhatia, the console and its subsequent software remained “abundant,” in quantity despite suggestions from various sectors citing a possible shortage.
Bhatia also noted the $350 Wii U Deluxe model is moving off GameStop shelves faster than the basic $300 model, due to being a “better value.”
“Our conclusion is the Nintendo Wii U launch has been slightly disappointing,” he said.
The analyst also claimed the attach rate for Wii U software at GameStop was “low,” without revealing any actual figures.