Nintendo looks at the possibility of overtaking Playstation 2 sales with Wii

Nintendo looks at the possibility of overtaking Playstation 2 sales with Wii

Sony Playstation 2 has been the largest selling videogame console in the history of the industry. Sony continues to sell large number of PS2 units in the market even today.

Nintendo now has a probable contender to the massive popularity and user base of the Playstation 2 gaming console.

Nintendo President Satoru Iwata has said in a statement that their Wii gaming console has the potential to top the legendary Playstation 2 to become the biggest hit in the industry’s history.

Interestingly, Nintendo just recently moved ahead of Sony in market capitalization. They are now one of the 10 most valuable companies in Japan.

Nintendo Wii

Sony Playstation 2

Wii has been outselling the Playstation 3 and Xbox 360 gaming consoles ever since its launch in November last year. The console continues to remain in shortage in the US market.

Iwata said in a statement: “Sony’s PS2 sales of 100 million units is an extraordinary number that our home game console business has not achieved. But if we can make our bid to expand the gaming population a continued success, we could exceed that.”

Market statistics claim that Sony has till now shipped more than 120 million units of the PS2 in the markets around the world. Nintendo had sold 5.8 million units of the Wii by March 2007. They are aiming to sell another 14 million during the current business year.