Dunban67 said:
sc94597 said:
The issue with this is that we don't know how much the current purchasers value the Wii U. It could very well be the case that if XBO stayed at $500 or $400 that it would do Wii U level sales, and if the Wii U were priced (it was close with $350) that much the direhard Nintendo fans who are currently buying the Wii U would still purchase it. In that scenario, as unlikely as it is, both the XBO and Wii U have the same number of people who value it at the high price, and therefore the same value. Again, value is dependent on the individual purchasers. The XBO/Wii U could possibly have some people who value it more at different prices. If both the XBO/Wii U were at $250 you can't say that the XBO will certainly have more people who value it than the Wii U, beause it is quite possible that people planning to purchase a Wii U just can't afford $300 and that is why $250 is the most they are willing to pay for it. On the otherhand people who value the XBO might possibly be able to afford $300 and therefore any gains from a price-cut might be less. So it isn't as simple as, "XBO has more powerful and therefore - pricy - components and therefore it is more valuable."
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You are reaching and ignoring the facts- but you get an "A" for effort
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Please enlighten me. You had a good argument there! Wait nevermind, I don't take economic lessons from someone who can't distinguish economic value from market price.
Edit: For those who are interested, to illustrate my point with a graph.
