Americans have been buffeted with news of our nation's pending recession and the devaluation of our dollar for months now, but in a market with such standardized prices, the American video game industry and game consumers haven't really felt the effect of our economic instability. However, according to industry analyst and prognosticator extraordinaire Michael Pachter, our pecuniary puniness is the cause for the current American Wii Fit shortage -- nearly four times as many copies of the title made their way to Europe, where the Euro, unlike the dollar, is gaining strength.
In Pachter's own words, "We're seeing companies ignore their largest market simply because they can make a greater profit elsewhere." You don't need to be a revered industry analyst to notice that -- the title, which sells for $90 in the U.S., is speedily selling for the equivalent of $140 in Europe. Pachter also remarks that Americans can afford to wait for future shipments of the title, as Nintendo knows "that Americans will be just as fat a few months from now." Words hurt, Pachter. Words hurt.
Reader Comments (65)
Posted: Jun 1st 2008 2:08PM (Unverified) said
Feeling a little weak there Dollar?
You need Wii Fit to tone those muscles and get you in shape!
Reply
You need Wii Fit to tone those muscles and get you in shape!
Posted: Jun 1st 2008 6:35PM (Unverified) said
But he's looking over there at the link to Joystiq mobile!
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Posted: Jun 1st 2008 2:08PM Cheezeman3000 said
Haha effin' 'a' man, he's pretty much got it right. Our McDonalds lovin'... will it never end? *grabs a cheeseburger* Hmm?
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Posted: Jun 1st 2008 2:29PM LaughingTarget said
Average disposable income is generally the bigger consideration. Europe may have over twice the population but is only buying at the same level as the US. It takes an additional 400 million Europeans to even get Nintendo to consider this action.
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Posted: Jun 1st 2008 3:32PM (Unverified) said
They're referring to the number of consoles, retard.
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Posted: Jun 1st 2008 3:37PM (Unverified) said
There may be 700 million in all of Europe, but only the residents of certain European countries buy new game consoles in large numbers. IIRC, the UK and Germany are the two largest markets there.
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Posted: Jun 1st 2008 2:29PM (Unverified) said
Now y'all at least have some time to drop weight till 150 kgs. Or you big boys will break the balance board!
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Posted: Jun 1st 2008 2:55PM R Planteer said
This makes no sense...if its "sold out" then obviously there are more people to buy it so obviously the dollar isnt nearly as weak as these people think so obviously they should ship more units....
This is the most retarded logic ive heard all week...
Reply
This is the most retarded logic ive heard all week...
Posted: Jun 1st 2008 3:04PM (Unverified) said
Tyler Jones, the logic is smart. It is sold out here because america received 4 times less copies then what was given to Europe for sale because when the math is done, Wii fit is being sold for $140 there while it only retails for $90 here
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Posted: Jun 1st 2008 10:06PM (Unverified) said
Well there is actually no recession ... Its all media hype and sensationalist claims ... We are in economic trouble there is no doubt ... Mortgage meltdown, gas prices and jobs going over seas ... However, a recession is two straight quarters of negative economic growth ... We have yet to have even one quarter of economic growth so we are not in a recession
Anytime its an election year things seem worse than ever before ... You know when pundits say our national deficit is around 7 trillion and counting ... Fun fact of the day tells you thats actually the interest on our debt which is actually around 60 trillion (with a T) ... Government spending is somewhere around 8x as large as it was 6 years ago ... We are literally a country who lives in debt and we continue to go further in the tank with every passing day
Short term fixes really are a policy of fiscal conservatism, no wasteful spending, re-organize and manage our foreign policies and try to give tax incentives to companies who keep their facilities in the United States ... I also think we need to go to a national sales tax so everyone pays on the things they purchase and not based on proportional incomes ... Either that or a flat tax but I like a national sales tax so all of the illegal immigrants are actually putting money into the system ...
This election scares the hell out of me ... I voted for Ron Paul in our primary ... He is the only one who knew a flip about bringing our country out of debt
Our dollar is WEAKER than the canadian dollar ... Remember when you were a kid and the back of those magazines said the canadian price? It was always more than double ... Enough with the pre-emptive war and Nation building ... Secure OUR borders not the borders of Iraq!!!
Cut our dependency on foreign Oil by investing in alternative energy sources ... We need a Revolution but the majority of the sheep in this country and brain washed and to fat to give a fuck
Reply
Anytime its an election year things seem worse than ever before ... You know when pundits say our national deficit is around 7 trillion and counting ... Fun fact of the day tells you thats actually the interest on our debt which is actually around 60 trillion (with a T) ... Government spending is somewhere around 8x as large as it was 6 years ago ... We are literally a country who lives in debt and we continue to go further in the tank with every passing day
Short term fixes really are a policy of fiscal conservatism, no wasteful spending, re-organize and manage our foreign policies and try to give tax incentives to companies who keep their facilities in the United States ... I also think we need to go to a national sales tax so everyone pays on the things they purchase and not based on proportional incomes ... Either that or a flat tax but I like a national sales tax so all of the illegal immigrants are actually putting money into the system ...
This election scares the hell out of me ... I voted for Ron Paul in our primary ... He is the only one who knew a flip about bringing our country out of debt
Our dollar is WEAKER than the canadian dollar ... Remember when you were a kid and the back of those magazines said the canadian price? It was always more than double ... Enough with the pre-emptive war and Nation building ... Secure OUR borders not the borders of Iraq!!!
Cut our dependency on foreign Oil by investing in alternative energy sources ... We need a Revolution but the majority of the sheep in this country and brain washed and to fat to give a fuck
Posted: Jun 2nd 2008 12:13PM Tez said
Okay, so a recession technically means two quarters of downturn, but do you see the country turning itself around in that time? I can't say I do. I guess what I meant to say is that while we aren't technically in one yet, it's a pretty safe bet and to keep calling it 'pending' makes it sound like you're saying "Oh well, it's not a recession YET so we're A-Okay."
Reply
Posted: Jun 1st 2008 3:58PM (Unverified) said
The other day I saw five Wiis in a Wal-Mart and two used ones in pawn shop =/ But no Wii Fit.
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Posted: Jun 2nd 2008 6:34AM BurntMeatloaf said
I have never seen a Wii in stock anywhere in my hometown, including in Wal-Mart. A BestBuy in a different town had one, and an elderly woman was in the process of buying it.
I think I'll be spending the rest of my life trying to figure out the obsession with this machine.
Reply
I think I'll be spending the rest of my life trying to figure out the obsession with this machine.
Posted: Jun 1st 2008 3:35PM The Last Metroid said
This is just an early sign of the more to come. Pretty soon America will be getting titles much later instead of the other way around!
j/k
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j/k
Posted: Jun 1st 2008 4:02PM (Unverified) said
I know you were kidding but I think that is very likely to happen.
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Posted: Jun 1st 2008 3:47PM Jawmuncher said
Seems you can always blame shortages on a weak american dollar. May be true, but i'm seeing this excuse a little more often then I'd like.
Reply
Posted: Jun 1st 2008 3:59PM (Unverified) said
There is no recession. And there is no pending recession. For there to be a recession there would have to be 2 quarters in which growth declined. There hasn't even been one quarter of declined growth. Geez turn off CNN once in awhile. The economy is fine unless your in Michigan. As for reduced supply due to weakening dollar and Americans being fat and what not. SCREW YOU. We still own the world, too bad we have 3 socialist on the ballot this year.
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Posted: Jun 1st 2008 5:50PM (Unverified) said
@viscosity, be arrogant all you want.
Hundreds of thousands are still losing their jobs, losing their homes, can't afford health insurance, our dollar is weakening, we ARE fat and... nintendo doesn't watch cnn.
Believe it or not, Nintendo has its own sources. But they're probably as misinformed as CNN right? I mean, why else would they think they can make more money somewhere else? They're being lied to! If only they listen to you viscosity.
And it's nice of you to just brush off Michigan. Survival of the fittest, I guess.
Reply
Hundreds of thousands are still losing their jobs, losing their homes, can't afford health insurance, our dollar is weakening, we ARE fat and... nintendo doesn't watch cnn.
Believe it or not, Nintendo has its own sources. But they're probably as misinformed as CNN right? I mean, why else would they think they can make more money somewhere else? They're being lied to! If only they listen to you viscosity.
And it's nice of you to just brush off Michigan. Survival of the fittest, I guess.
Posted: Jun 1st 2008 7:51PM (Unverified) said
While the two main candidates (and Hillary as well) are all liberal in the American sense, I know my online gaming European friends consider ALL of them to be quite conservative - compared to what they have to deal with on a daily basis.
For those of us who happen to be conservatives first, Republicans second, then yes, they're all quite liberal.
And if you can't afford health insurance, then it's probably because you're used to abusing the system OR you have lots of claims. (And if you don't think that people abuse the system, you're sadly mistaken - those people that get the sniffles and instead of just taking a Tylenol and getting over it and instead run to the ER are the ones that run up the costs for everyone.)
Of course, when you're also dealing with such a concentrated population that already has VATs and socialist governments, you'd expect a corporation to send product where they can make the most profit.
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For those of us who happen to be conservatives first, Republicans second, then yes, they're all quite liberal.
And if you can't afford health insurance, then it's probably because you're used to abusing the system OR you have lots of claims. (And if you don't think that people abuse the system, you're sadly mistaken - those people that get the sniffles and instead of just taking a Tylenol and getting over it and instead run to the ER are the ones that run up the costs for everyone.)
Of course, when you're also dealing with such a concentrated population that already has VATs and socialist governments, you'd expect a corporation to send product where they can make the most profit.
Posted: Jun 1st 2008 8:19PM LaughingTarget said
Note to Europeans: Liberal in America is Socialist in Europe. What you call liberal, we call libertarian. FDR long ago hijacked the perfectly good word liberal (used to mean what Libertarian does now, because that is what our founders were) and turned it into a bad word, he didn't want to outright call his New Deal socialist (because it is) as the word would have meant his losing the presidency. A long history of stupid Americans changing their minds with a simple name change. Slap a happy word on anything and we'll eat it up.
There are too many socialist nations on the planet, there needs to be at least one limited government nation for those of us that aren't lazy fuckers.
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There are too many socialist nations on the planet, there needs to be at least one limited government nation for those of us that aren't lazy fuckers.
Posted: Jun 1st 2008 8:45PM (Unverified) said
@ laughingtarget, abrams, don't you guys think you're generalizing a bit too much?
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Posted: Jun 2nd 2008 7:54AM (Unverified) said
@ john. who's whining? you're the one being mean spirited. believe it or not, there are a lot of "liberals" who are quite well off without any aid from the government. So is it wrong that they or we still want our government more involved for the sake of others?
Government should be what you want it to be ( i know that sounds naive). If you ONLY see it as an organization looking over your shoulders, then i can see why you want less of it. But if you remember that government was created for the people, when these "whiners" want assistance, what's wrong with asking for it? They pay taxes, so they have every right to request it.
If trillions were not being wasted on the Iraq war right now, our government... no, our COUNTRY can afford these extra "luxuries," as you would consider it.
The reason i suggested that he was generalizing is because the majority of the people who are asking for more government involvement are requesting it for people other than themselves.
Shame on them for being compassionate.
If you're well off, john, then GET OUTTA DA FUCKING WAY.
Reply
Government should be what you want it to be ( i know that sounds naive). If you ONLY see it as an organization looking over your shoulders, then i can see why you want less of it. But if you remember that government was created for the people, when these "whiners" want assistance, what's wrong with asking for it? They pay taxes, so they have every right to request it.
If trillions were not being wasted on the Iraq war right now, our government... no, our COUNTRY can afford these extra "luxuries," as you would consider it.
The reason i suggested that he was generalizing is because the majority of the people who are asking for more government involvement are requesting it for people other than themselves.
Shame on them for being compassionate.
If you're well off, john, then GET OUTTA DA FUCKING WAY.
Posted: Jun 2nd 2008 8:39AM theBrayn said
@J:
We aren't spending trillions of dollars on the war in Iraq. We're spending about $12 billion/month. What we are spending trillions of dollars a year on is entitlements/welfare. We spend about $1.5 trillion per year on it.
http://controlcongress.com/uncategorized/entitlementswelfare-cost-130billion-monthly
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We aren't spending trillions of dollars on the war in Iraq. We're spending about $12 billion/month. What we are spending trillions of dollars a year on is entitlements/welfare. We spend about $1.5 trillion per year on it.
http://controlcongress.com/uncategorized/entitlementswelfare-cost-130billion-monthly
Posted: Jun 2nd 2008 1:03PM Mr Khan said
The world needs more socialism, the problem is that radical left-wing policies got tied up in the Marxist idea that there needs to be a revolution. Violently destroying every establishment in a nation in the name of bettering it isn't going to do anyone any damn good
If Socialism is undertaken too recklessly, it will fail. But by taking it as a slow series of reforms, it can be brought about successfully. Socialism needs evolution, not revolution. And it's the revolutionaries that bring the evil to the radical left
Reply
If Socialism is undertaken too recklessly, it will fail. But by taking it as a slow series of reforms, it can be brought about successfully. Socialism needs evolution, not revolution. And it's the revolutionaries that bring the evil to the radical left
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