Michael Pachter, of Wedbush Morgan Securities claims the PS3 launch delay is "not a big deal in the long run. The people who were going to buy PS3 and Wii will buy them both still, albeit in a different order. Microsoft and Nintendo have a great opportunity, and my guess is that this delay benefits Nintendo far more than Microsoft, but definitely benefits both.

Retailers in the US are largely unaffected, (but) retailers in Europe have a serious problem, and it will have an impact. They will get some substitution from Xbox 360 and Wii, but not a full offset (likely 50 percent), and then at lower prices. I would expect retailers to suffer some from the delay."