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People, I´ve just read some pages and I´m getting the conclusion that many people here are not considering a key fact on next gen consoles success: consumer economy.
Taking the example of the Vita, and past examples like Dreamcast and 3DO, it´s clear that it´s not just power that matters. Vita may be a powerhouse but it still doesn´t have what it takes to convince new consumers to spent heavy on it. Everyone is talking about power matters, power matters, graphics, graphics, graphics and to tell you the truth, it´s kind of boring talking about the same thing over and over again.
If Sony and Microsoft can´t sustain a new high-tech-high-performance-high-price console, we won´t see it soon and they will have to come with something not so powerful but instead with something that´s acessible and with an affordable price for consumers. Or they will have to take the most advantage possible from their actual consoles in therms of consumer approaching before taking a step on new grounds that are not acessible to customers today.
How risk would be for them to come with a $ 600 console right now? Would people buy it or only their fans? How long would Sony sustain another product with a loss, like they´re sustaing Vita today? Are consoles sales continue to fall in 2013, 2014 ? Nintendo´s bet is, at least, a cheap one, one that is acessible to people and at the same time has some innovations, it may be a hit or not, but it seems like a safe bet for the next three or four years, as much as PS3 and Xbox still have good sales potential worldwide.
Those are not easy questions to answer, but after the case of Vita, production costs and consumer costs will be very, very important not for Sony and MS but for the future of the console market itself.