Words Of Wisdom said:
In this case, you are confusing value with perceived value as is the OP. Buying a console demonstrates perceived value in that the consumer sees enough value there to have it be worth purchase. However, actual value is usually only known after purchase. Was it worth the money? Do you still play it a month later? How often is it used? Answers to these questions are more representative of actual value. |
The OP actually covers actual value also, I stated the benefits and costs of owning the console for it's entire life must be considered. However I looked for what was the most important thing, I looked at the market from a consumer stand point and looked at what a consoles primary job is and I basically echoed what Nintendo have been saying for a very long time, software sells hardware. The proof I believe is in the sales figures, especially if you look at 2008 compared to this year. Nintendo could drop the price to lower the costs to consumers but releasing titles that the consumer would look at and want to buy a Wii for is more beneficial to the company as they stand to make much more profit that way.







