Wall Street Journal foresees problems for Playstation 3

Citing a subpar holiday season and Sony’s Playstation 3 still being the most expensive console, an article in the Wall Street Journal this week indicates there is almost no way the PS3 can catch the Xbox 360 or Nintendo Wii in sales. In early results, November 2008 sales of Sony’s controversial console were down 19 percent from the same period in 2007.

During that same time, the Nintendo Wii’s sales doubled and Microsoft Xbox 360 went up 8 percent according to stats supplied by research firm NPD. That makes Sony’s corporate goal of selling 10 million PS3s by March 2009 seem like a long shot. The article also notes that at $399, the PS3 is…