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Sony Corporation (SNE)
Pachter Watch: Sony May Be "Overly Ambitious"

GamesIndustry - May 16, 2007


Submitted by pilias_simber (122) at 8:28PM PST on May 18, 2007


Michael Pachter told GamesIndustry.biz that Sony's inclusion of Cell and a Blu-ray drive in the PLAYSTATION 3 may have been "overly ambitious" and says that consumers are "balking" at the machine's high price. Balking? He must be referring to dropping sales of the PS3, which sold just 82,000 consoles in April according to NPD sales data released yesterday and the downward trend in weekly Japanese sales. The fix? Price drop! Pachter told GI "It's more likely than not that they will break with tradition and cut prices below manufacturing costs." Lordy. All this talk of gloom, doom and price drops. Can Sony get enough of the games shown at this week's Gamers Day and find room financially for a price drop before the console reaper takes it to videogame heaven? Wait a second, Pachter, weren't you just pegging the PS3 to be the "dominant console" based on the inclusion of a Blu-ray drive? My head is spinning!



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