http://money.cnn.com/2005/11/21/technology/playstation_fortune_112805/
Sony's CEO, Sir Howard Stringer, said recently that Sony will sell the PS3 at a loss in order to populate the world with Sony's favored high-definition DVD standard, known as Blu-ray. If millions of Blu-ray PlayStations find their way into living rooms, Sony figures, movie studios will be compelled to embrace it over the rival standard, known as HD-DVD. Yes, brace yourself for another Betamax vs. VHS standards war.
Sir Howard said the PS3 will sell for $300 to $400 and will come with a bundle of games, movies, and TV shows, many of which Sony also makes. The question is whether the titles will be bundled on Blu-ray DVD discs or on a built-in hard drive.
Because the first standalone Blu-ray DVD players are expected to cost $1,000 or so, Sony is essentially giving a free next-generation DVD player to every PS3 customer. That eases the pain (a little bit) for people faced with buying new, high-def versions of their favorite DVDs.
Sony's CEO, Sir Howard Stringer, said recently that Sony will sell the PS3 at a loss in order to populate the world with Sony's favored high-definition DVD standard, known as Blu-ray. If millions of Blu-ray PlayStations find their way into living rooms, Sony figures, movie studios will be compelled to embrace it over the rival standard, known as HD-DVD. Yes, brace yourself for another Betamax vs. VHS standards war.
Sir Howard said the PS3 will sell for $300 to $400 and will come with a bundle of games, movies, and TV shows, many of which Sony also makes. The question is whether the titles will be bundled on Blu-ray DVD discs or on a built-in hard drive.
Because the first standalone Blu-ray DVD players are expected to cost $1,000 or so, Sony is essentially giving a free next-generation DVD player to every PS3 customer. That eases the pain (a little bit) for people faced with buying new, high-def versions of their favorite DVDs.