Sony CEO Howard Stringer Defends High PS3 Price Tag |
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Despite Sony's "high risk" strategy concerning the PS3's pricing, Sony CEO Howard Stringer is confident that the PS3 will come out on top. Though he admits that the price of the next-gen console is high, he quickly stressed that consumers are paying for "potential." Stringer went on to say that if the PS3 lives up to its full potential, the cheaper price of the Xbox 360 and Wii shouldn't be a cause for worry. In fact, he tries to portray the PS3 as an investment, "When you buy into new technology, do you go for a cheaper transitional [product], or do you take a chance on future-proof, higher technology which will keep you going for many, many years?"His words might have calmed the nerves of shareholders who have been mulling over the idea of selling their stocks after a sharp price decrease, but gamers remain skeptical about Sony's strategy. The company continues to trumpet the Blu-ray capabilities of the PS3 even when gamers are more concerned with games, and if the steep price can be justified by those games.
Stringer also claimed that film executives are "beginning to sense, in Blu-Ray, that the pendulum is swinging, and swinging for a clear reason, namely that Blu-Ray discs can store more data." He conceded that Hollywood will determine which format will emerge victorious in the war, and not PS3.
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User Favorites - February
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And as for the price of this console:
"I've waited a long time for one, I worked hard for one, I've scrimped and saved for one, but until I play it, I doubt I'll actually BUY one."
Maybe if there are more launch games by the end of 06 I'll pitch the money for it. Otherwise, I'll just be happy with my PS2 for now.
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Even IF blu-ray doesn't win over hollywood - which seems highly unlikely, the PS3 still has a huge advantage over it's competitors. The 360 won't be using HD-DVD for games so the PS3 can have more content and whatever else it wants to have.
People can cry about the price but i went down to my local game store and every franchise in aust. has stopped taking pre-orders for the 60gb PS3 because of such high demand.
This thing is going to sell like pancakes whether you think it will or won't. It's a playstation... biggest franchises, biggest library and biggest developers. It's close to impossible for it not to do well.
The End.
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PS2 is still going extremely strong too........
.....but neither of them had quite the excessive price tag of the PS3
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