Most consumes are all about earned value. Sony's basic buisness model for the PS3 said consumers want HD players and they get one along with a great video game console (and a home media center blah). It's basically the exact same model they used for the PS1 (cd player/vcd player) and the PS2 (dvd player). Unlike the previous two systems, however, the PS3 is way to expensive. The average consume cannot afford 600 dollars as that is a boatload of money.
The PS2 by contrast was released at 300 which was considered by many (including myself) to be too expensive even at that. That system was released at the end of 2000 which was only 6 years ago. Six years and inflation has caused gaming consoles to double in price?
I think the real problem is that people look at that 600 dollars and they say to themselves... Hey I can get that or I can get a Wii and a 360 for less money. I think the average casual basically says 600 dollars #)(@ that I'm buying a new TV (or something simlar).
Feel free to go off about the cell and the cost of blue ray players and how I don't know jack about economics but I think the sales numbers speak for themselves.
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