Squilliam on 04 January 2010
| darthdevidem01 said: false SONY's target was laughed at & we had to hear how they were being stupid not many people believed a price drop would come due to the losses they were making an example: http://news.vgchartz.com/news.php?id=4086 And there were countless threads on this topic |
Well people believed their early comments on profitability more than they thought they would be willing to take further losses to cut the price. People could reconcile a $50 price cut with profitability goals they made but not $100. Since the $100 cut was the only way to reach 13M sales they sided with the earlier promise of profitability.
Tease.
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