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Sony too Greedy?

Posted by: , 14:01 AEST, Thu May 18, 2006

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Revealing their price for the PS3, analyst say Sony could be slitting their own throat

It's been over a week since Sony revealed that the PlayStation 3 would launch in November at two price points--$499 for a stripped-down 20GB model and $599 for the tricked-out 60GB model. However, the news is still reverberating through the industry, with more and more analysts weighing in on the matter in the form of notes to investors.

The latest firm to join the fray is DFC intelligence, which predicts the PS3's steep sticker price could cost it--and the game industry--dearly. Unfortunately, there is a sinking feeling that things may have spun out of control for Sony and thus price cuts will be slow in coming."

Indeed, DFC says that the PS3's high price will make--or has already made--many consumers side with a next-gen rival. "With a $200 price difference now announced, consumers that were sitting on the fence can feel free to go buy an Xbox 360. More...

Credit: Game Spot


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