PS3 in Holiday '08 'A Case Study on How to Hurt a Brand' – UBS

[FishyJoe]

Dryden said:

Dodece said:
@darthdevidem01

Most costly console ever released. The Neo Geo retailed for $650. Eighteen years ago. Factor in inflation, and you have substantially more expensive hardware. I am not saying that was the most expensive, but it most definitely defeats the PS3. Always be reticent about making wild generalizations, because that is how feet get lodged between teeth.

The Panasonic FZ-1 3DO was $699 at launch in 1993. If you adjusted the consoles of the past 30 years for inflation, the PS3 would actually cost less than the Atari 2600 did. The NES and SMS would both come out at around $365, and their games would be over $75 apiece!

It is strange how that $199-$249 barrier has persisted for 30 years, because the video game business has become a big-time/big-budget industry, but its economy hasn't scaled proportional to other entertainment fields. The games cost 100-times more to make than they did in 1985 but sell for 10-15% less.

Not really strange, the average price of computers have fallen over the years, especially laptops.