Iwata: Wii and PS3 are equal in Japan

Speaking to investors last week during the company's financial results, Nintendo president Satoru Iwata has come out and said that the Wii is going toe-to-toe right now with the PlayStation 3.

"A notable dip can be seen in sales of Wii this year; which is approximately half the size of last year. On the other hand, Sony's PS3 showed a good transition and they increased the unit sales by about 50%," said Iwota.

"Although we held more than a 60% hardware market share through last year - Wii has 42% and PS3 40% share thus far this year - so both machines are neck and neck in Japan."

However, Iwata insists the most recent price-drop for the Wii will help them out, especially in the US.

"We are to regain the momentum during the upcoming sales season, and we are well in the position to do so."

From GoNintendo.