| Picko said:
As for whether the Wii was priced to low, the demand outstripped supply therefore the price was set too low. There is no debate to be had on that. Simple as that. |
The Wii isn't a commodity in perfect competition. By your logic, all consoles should launch at highly inflated prices, since almost all of them are supply constrained for their first few months on the market. Manufacturers don't do that because it's bad business strategy for consumer electronics pricing to be that elastic.
Malstrom is talking about business strategy, not economics. They're related, sure, and I agree that knowledge of economics is an asset, but there are quite a few other factors at play here.
"The worst part about these reviews is they are [subjective]--and their scores often depend on how drunk you got the media at a Street Fighter event." — Mona Hamilton, Capcom Senior VP of Marketing
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