Here's a thought. PS3 is too expensive. It's out of reach of consumers. It's percieved as an expensive luxury item, much like HDTV's were seen last year. What happens when an expensive luxury item gets a price drop (and I'm talking consecutive price drops over the next couple of years)...it then becomes a bargain. Everybody will want it, as the once expensive luxury item is a cheap luxury item.
This occurs throughout technology pricing. Buyers only come on board with price drops. Say there is a cheap HDTV and an expensive HDTV...when that expensive HDTV comes to the price of the cheaper one....you'll get the one that was once expensive.
This is how I see the Wii. It's cheap now...and will always be percieved as cheap. Yet once the ps3 is cheap, it will be percieved as a bargain, and not as cheap.
As for Europe:
This is Germany
" Hardware sales April 2007:
1. Nintendo Wii - 20,000
2. Playstation 3 -16,000
3. Xbox 360 - 9,500 "
I think Spain was a bit more dramatic than that (bigger ps3 sales) but I can't seem to find them now.
Very good point. Indeed if the PS3 was never announced at such a high price but at a competitive price to the 360 the PS3 would have been enjoying huge sales and support . Sony didnt though which makes me wonder how deep they would have got into losses if they did to not expect things in the future to be much more beneficial for them.
Hypothetically speaking if Sony could indeed suffer such losses until the gains came to compensate them more than enough in the future and didnt due Stringer's short-term strategy expectations then he is the man who killed the PS3 not Ken.