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Reporting from the Nintendo Media Summit, Lazard's Colin Sebastian has said he believes Nintendo may be nearing its production target of 1.5 million Wiis a month, with demand still exceeding supply, and said the company is making "aggressive overtures" to attract third parties.

Sebastian said the production numbers come from both comments made by Nintendo, as well as retailers like GameStop.

"Based on our retail channel checks," said Sebastian, "demand still appears to exceed supply, and we believe that shortages could persist through the remainder of the year, including the key holiday period."

As an aside, Sebastian said new reports from Asia "suggest that Sony has reduced production of PS3s, at least temporarily, which may suggest that a price cut is less likely this year. We continue to believe timing of Sony’s first PS3 price cut is likely to accompany a stronger software release lineup as well as further cuts in production and component costs."

full article (via Gamasutra)

That's great new that Nintendo has been able to speed up production, but it's also bad news that shortages may continue throughout the year despite that. There are still of people on the search for Wii.

btw your link doesn't lead to the full article on Gamasutra.

hey drew, i went to your source to read more and it doesn't lead to the article. can you check that out please?

try it now

full article

thank you, would you be willing to put "no price cut for PS3 this Year" to Rumor: no price cut for PS3 this Year?

anything for you GFT..you owe me

eh, it doesnt look right, im changing it to 'opinion'

This is good news for all you without a wii!

(Dose Wenis still need one?)

Wenis has his Wii now.

Awesome, Nintendo. Keep pumping those Wiis out.

If ANYBODY gets a perverted/naughty thought from that, I'm going to get LZ to do that trout thing.

About the PS3: This definitely isn't going to help their struggling sales, that's for true.

Nice to see there trying as hard as they can to meet demand.

they need to go to 2 million a month ASAP

I'm not sure how a sourced article goes from:Lazard: Wii Production Reaching 1.5 Million Per Month to being Wii production increases to 1.5 million per month; no 2007 price cut for PS3.  The information within the article itself states

Opinion is one thing, but you need to tell us it is an opinion.

^^Agrees

lol i like ur sig drew!

thanks, i change em often, but i llike this one too

GO BIG N

W00t for Nintendo!


Helping the Wiiless, no doubt.

from the looks of recent reports, the increase has yet to help the supply issues, maybe next month

i wonder if the search for the wii will continue through the new year of next year.

several articles i read seems to think mid 2008 before supply catches up

christmas season is right around the corner