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at 7:22PM PST on October 3, 2007.
RE: Reggie: We won't be able to meet Christmas demand
I'm not saying that Nin is purposely keeping supply short (but I can't understand why they can't ramp up faster...) but merely pointing out that such a concept DOES exist in economic theory.
Also...I don't consider any of the consoles you mentioned as 'substitutes' as each console plays proprietary software (and multiplatform of course) that people are either attracted too or not. There is also a significant enough price difference such that newer systems are not considered direct substitutes (regardless of Shrimpjuice being able to move from a sub 300 to over 600 dollar console in the blink of an eye ;) )
For instance a Wii could be $100 and I still wouldn't buy one because the games do not attract me...the reverse is true too...NIN can extend their period of high console price (and imo it IS expensive for the tech you are getting) by creating a false shortage because they have built a huge following with its GB and DS handhelds and 'unique' IP like the Mario and Zelda series.
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