Sony forecast only 5 million Vita and PSP unit sales in FY14

[joeorc]

spurgeonryan said:

You should keep your investors informed. But it is kinda of something you do not want to tell them. "Hey guys......we are only going to push out 5 million this time". "Oh! For the Vita?" "No, for the Vita and PSP together".

 

Telling them reserved sales projections for a handheld game system with a $249.00 price, and you do not think That if Sony cannot Lower the Price this year because of it , and would start eating into more Profit's.

Do you think its better to tell the investor's that right now and later increase sales project's, than not being able to make them the sales projections if they are way too high? I mean the Investors would want to know your sales projections for the new year. saying you expect lower sales is one thing but you and i both know Question's by investors are going to be asked why they are projectd low.

Sony is selling over 8 million xperia smartphones a sales Quarter, Sony also made the Playstation Mobile Platform. You do not think that maybe Sony is concentrating on making sure the projections are at least with in reason? Sony when first released info about the NGP or the PSVita the Price point was $299.00 and $249.00 many though that price was pretty fair, after which Nintendo reduced the price of the 3DS. once again do you think that did not have any effect on the perception of the PSVita? People than went on to say its too

"costly"

Tac on the perception of Sony as a whole in the market right now, and again do you think that also does not play a role in the viability of Sony in this market?

many time on many forums the Pessimism about Sony's viability in the handheld game system market is pretty much "dead" the vast majority of people posting in this thread are already calling the PSVita a dead platform. At this point Sony has been fighting a negative perception about not just playstation but their entire company as a whole.

The fact that Sony admits this is key signs they are looking to fix these problems. its going to take time and persistance to do so. So why not be upfront with your investors?

if you Admit the problems and not sugar coating it, at least the Investors are more likely to listen to your idea's about how to go about fixing the problems .