HappySqurriel on 31 March 2008
| SlorgNet said: The consumer electronics industry is littered with the carcasses of companies who underestimated Sony's cost-reduction prowess. By this November at the latest, the cheapest version of the PS3 will be cut to $299/299EUR, and PS3 sales will skyrocket -- exactly at the point that PS2 sales will finally decline. You have to remember inflation: $300 in 2000 money is the equivalent, of 3% annual inflation, of $400 in 2009. So $299/299EUR is indeed a mass market price. By November 2009, the cheapest PS3 will be $199/199EUR. |
Except (of course) that people expect electronics to work in the opposite direction of inflation; the $1000 laptop from 2000 is similar to the $500 laptop of today, and the $1000 DVD player of 1998 is the same as the $400 Blu-Ray player today.
