The high cost and difficulty of producing the PS3
held back initial sales, but now, a lack of quality software coupled with a price tag that's twice as high continues to fuel the Wii's dominance. Sony's bigger-is-better strategy has completely
backfired, as Nintendo's less powerful, cheap to produce, but more innovative system flies off shelves.
"I doubt you'll see an acceleration of sales until you see a price cut or better software lineup," Pacific Crest Securities analyst Evan Wilson said of the PS3. "The question is how big of a hole has Sony dug itself into." The Wii retails at $250, compared to the PS3, which is $500 or $600, depending on the model. The Xbox 360 costs $300 or $400, depending on the model.