Nintendo wii is one of the popular gaming consoles in the world and also in the USA. However, according to a report of Bloomberg, it seems that it is losing popularity and sells. In fact, what we can see is that there has been significant decrease in sells of Nintendo wii in USA in the last one year. For example, in April 2008, nearly seven hundred and fourteen thousands gaming consoles were sold but in April 2009, the figure is only three hundred forty thousand. Well, Microsoft has seen some decrease in its popular X-Box 360 consoles but the decrease was not that much. However, Sony’s play station 3 has also suffered 32% less sell.
In a time of an economic recession, it is natural and in fact all kind of products are witnessing decline. In fact, a few days ago, we saw unemployment figure and it was not good. Some people are hopeful that economic recession is going to end very soon but if you look at the economic reports of Germany, England and USA then there is little room to be optimistic. For example, the economy of Germany has seen significant amount of decrease. In fact, in the first quarter of this year, German GDP shrank almost by 4%.
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