Sony Computer Entertainment president Jack Tretton has spoken of fiscal 2008 as "a very challenging period of trying to sell future technology."
Tretton told that Sony had successfully met its PlayStation 3 sales target during the last financial year, but he also noted the difficulty of pushing a high-end device at a time when consumers were being particularly cost-conscious. Hopefully last year is as bad as it gets. I think all indicators are that 2009 is going better than 2008. In 2008, we had a 38 per cent increase in sales and we hit our ten million units worldwide goal for PS3 sales... At the worst possible time, if you're hitting numbers and delivering success... my hope is that as our production efficiencies improve and more great games come to market, the horizon has got to be better for 2009 and 2010.
"It's like being out there in a storm - it does cause you to question your conviction, and tie yourself to the mast and weather the storm," he added. "We have hit a very challenging period of trying to sell future technology, a high-end device, but is on the high-end retail pricing spectrum, at a time when people's disposable income is limited. But I think the fact we were successful in that says people are getting the message, that you get tremendous value when you buy a PlayStation product. Yes there are cheaper machines out there, but not ones that deliver the degree of value for the money that ours does."
Having sold ten million PS3 units last business year, Sony is targeting 13 million system sales during the current one. The predicted 30 per cent sales increase has led analysts to forecast a PS3 price cut this summer, but earlier this week Sony CEO Howard Stringer dismissed rumours of an impending price drop as illogical.
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