KichiVerde said:
Yep, it seems like the 7th generation of console gaming has been all about the cheapest products. Numbers shipped compared to original pricetag. 1. DS -86 million/ $149.99 2. PSP -40 million/ $249.99 3. Wii -37million/ $249.99 4. Xbox360 -23 million/ $299.99 - $399.99 5. PS3 -17 million/ $499.99 - $599.99
It has just been the market trend. Even when you take in to account the Wii launch taking place a year later it still overtook the 360 in part because of the cheaper price tag. Now that the tables have turned I expect the Xbox360 will gain ground on the Wii and distance itself from the PS3.
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Another way to look at it is to say it's a rejection of higher price points. They aren't necessarily buying the cheapest, however they don't want to pay the higher prices.
When prices are raised too quickly on a product, consumers will often reject that product regardless of the value proposition.