How Much Will the PSP's New $169.99 Price Effect Sales?

[jman8]

shams said:

jman8 said:
The PSP is already on track to do better this year than last, and this price drop will ensure that more brisk pace for a few months. If there is in fact a redesign this fall, that will keep sales strong, and that's not even factoring in the solid titles coming out in the last half of the year. This could be a comeback year for the PSP

Actually, sales have been tracking downwards. This is to keep any momentum going. Its a pity for Sony, as the PSP is one item that *is* making them lots of profit. Nintendo aren't anywhere near dropping the price (or profit level) on the DS... yet.

 (and as mentioned, this could well be clearing of stock for a new model- although does this price cut affect existing PSP's in stock? Do retailers get some money back from Sony? If this just covers new stock, won't retailers be pissed - have to sell the older, more expensive PSP's to consumers for less?)

Shams, the data isn't on this site anymore, but PSP sales for January and February of this year are better than last year. With the price drop, I can't imagine the PSP not surpassing the first six months of 2006.