Sep 22, 03:42 PM

Financial Analysts are not Gamers

We’ve been hearing for months about how expensive the PS3 is and how its price should be lowered. So it was to my surprise when I saw someone complaining when Sony actually did cut the price.
Obviously this highlights the tough spot they’re in, well outlined here Where they must reconcile the industry’s criticism over high price with shareholders’ concerns about taking a huge loss on each new system.

IMHO, this guy’s criticism is a little short sighted – since a successful launch is so critical in the game industry, Sony could be crippled for years in this market if PS3 sales start out weak due to price. Every PS3 they don’t sell is 5-6 years worth of revenue from games, accessories, subscription fees, and micropayments down the drain.

Sorta makes you want to feel sorry for Sony (well… maybe not). No matter what they do, they just can’t seem to get a break!

-Jon
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