7th gen is a huge wake-up call to Sony

[Jordahn]

twesterm said:

RVDondaPC said:
Everyone that talks about the price forgets that it was impossible to predict that the whole worlds economy would collapse like it did when the PS3 was launched let alone the years leading up to it as the decisions were being made in it's development stage. Even at it's high price tag it's managed to put up a fight selling more consoles faster than the 360. In hingsight it was the wrong decision but at the time it was very much a good decision. Had the world's economy stayed as it was the PS3 would be doing much better. I doubt it would have beaten the Wii but it would have been a bit closer.

 

When do you think the PS3 launched and when do you think the economy went to hell?  I assure you, the economy had nothing to do with the first 2 1/2 years of the PS3's life, people just didn't want to spend $600 on a toy.

 

Unfortunately, this it too much of a blanket statement.  The PS3 was outselling the 360 for quite a period from the start of the 2007 Christmas shopping season until the 360 pricedrop this past fall.  Also during the entirely of its lifetime, the PS3 wasn't always $600.  So to say "people just didn't want to spend $600 on a toy" has a lot of truth.  But the bigger picture here is that during "the first 2 1/2 years of the PS3's life," the PS3 wasn't always $600.  It's a combination of both the economy and competitive pricing is what stopped PS3 WW sales from exceeding 360 sales.  But for a third place console, there is still a healthy demand for the system.