[QUOTE="ramey70"][QUOTE="tango90101"][QUOTE="ramey70"][QUOTE="tango90101"][QUOTE="ramey70"][QUOTE="tango90101"]i wasn't in that thread unless you're blabbering about your theory that the ps3 price cut was "demand induced"...:roll:
i defy you to show ANY statement giving consumer demand the credit for the price cut...
tango90101
It's very simple. PS3 demand was substantially less than Sony anticipated resulting in a leftward shift of the demand curve. This shift resulted in a corresponding lower point in prive level on the supply curve. Lack of demand forced Sony to reduce the price of the PS3. As I said, the price cut was demand induced.
but the ps3 is "selling well" according to sony.... ;)
no need... right?
again...just ONE statement from sony...
I think anyone with a lick of sense knows the PS3 isn't selling as well as Sony had hoped. The company's PR department is in full damage control mode, and they should be. As I tried to explain to you yesterday, you and I were in full agreement as too why Sony really cut the price.
if we were in "agreement" yesterday, why did you post this:
"Yes, an AVP who didn't even understand a simple demand and supply curve yesterday"...
another self ownage...
c'mon...do better...
Because you when I said the price cut was demand induced you questioned that claim, though basic economic law says otherwise. You assumed the demand I spoke of was because the consumer "demanded" that price.
i see your point... i assumed you meant consumer/developer/publisher demand....
kind of weird when you consider the business model this is being run with..... hardly basic anything.... still not sure you're on target...
increased sales leads toincreased losses in this model....
They would be increased losses in the short term. I would imagine Sony is taking a loss leader approach and hoping to recoup cost later with a larger userbase and to a lesser degree increased returns on software and accessory sales. I don't see it paying off for them with the popularity of the Wii and the continued formidable lineup the 360 has in the next coming months. The gaming public can't and won't wait forever.
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