The recession has finally bitten Nintendo, with April – June 2009 net sales down 40% from the same quarter last year. Part of this discrepancy will be due to the "blockbuster" titles that released last year in the equivalent quarter – Mario Kart Wii and Wii Fit, but aside from this the effects of the economy and potentially some "saturation of the market" will be having an effect.
Meanwhile, Sony has also reported declining sales for their consoles. PS3 sales dropped from 1.6 million in Quarter 1 last year, to 1.1 million in the same quarter this year. PSP sales are down from 3.7 million to 1.3 million. But the news wasn’t all bad. The PS2 rose from 1.5 million Q1 last year, to 1.6 million in 2009!