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Sony admits: "poor sales" of the PS3 in America

Japanese analyst group Nomura Securities has gone over Sony's sales predictions and outcomes for the holiday season and say that the company will miss its sales goal for the fiscal year by 25 percent. The leading factor for the drop? Nomura claims its the poor sales felt in America over the holidays. Instead of selling 6 million units, Nomura estimates Sony might come through with 4.5 million units sold.

As for the next couple of fiscal years, the sales expectations have been lowered from 16 million to 10 million for the 2007-2008 fiscal year and 18 million to 11 million for the fiscal year ending in '09. Sony remains steadfast in its plan to sell six million units by the end of March, but we've got to step outside of the box and think: is this bad? The answer, of course, is yes. This is a sour prediction of Sony's future, but the sales numbers don't lie. However, looking simply at the numbers doesn't tell you the whole truth.

We've gone over the factors of Sony's poor sales already and think that, given time (of course, that ol' excuse, right?), these factors will disappear and Sony's machine will get adopted by many more people. Now, avid readers, be ye haters or lovers, leave us your thoughts. Extra brownie points if you use proper grammar and actually try to make a point!

[via Gamasutra]

Tags: Nomura Securities, NomuraSecurities, Playstation 3, Playstation3, PS3, Sony

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