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Hawkeye on 23 November 2008
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dougsdad0629 said:
Hawkeye said:
Did Sony anticipate this economic collapse? Imo their plan blew up in their face and they are screwed. Blu prices are going down because people aren't buying- monery is tighter, so they are much less willing to pay more money to get a better picture quality when what they have works fine. If Blu players stayed $300-$500 this Xmas, the format would virtually die. Prices are falling to as low as $180- this is an attempt to get people to buy it. Retailers have stated that if Blu Ray does extremely poorly this holiday, they will drop it/ scale back. Blu ray isn't on its last leg or anything, but its make or break time.

 

 Apparently, you didn't read the column found at the link I provided.  Blu-ray is doing very well.  Better than DVD at the same point in its life span.  The lower prices have nothing to do with the economy.  It's all about economy of scale.  The fact that there are budget models from brands like Insignia means that the drives themselves have become cheap enough and economical enough to warrant the production of these entry level players.  The home video market has leveled off and become stagnant the last several years.  Blu-ray is successfully bringing about the growth in the market that the studios had always hoped it would.

I did read the "column" (blog) you posted. I disagreed and was refuting it. What I posted is pretty much from the Wall Street Journal. I have read several articles in the Journal that say the same thing I did. I didn't cite them because I don't have any quotes, I am just posting the main point that I remember from the article. 

It is true that Economies of Scale will help Blu Ray- prices fall. However, retailers are pressuring manufactureres to cut prices more than they would like. Blu Ray will be very profitable if it takes off, but the ailing economy may destroy its chances.

I am not biased for/against Blu Ray. I just like thinking about the future and predicting what will happpen. I was planning on buying a PS3 for games and Blu Ray until the crappy economy made me realize that 1. I may not have the money 2. PS3 may crash and burn (or get a downward spiral) and 3. Blu Ray might not take off even as a high end coexistant DVD due to the economy.