bouzane said: A couple quick points. The PS3's entry model may currently cost $250 but you can not compare that to the cost of the PS2 during the PS3 launch for the simple fact that we may very well be over two years away from the PS4 launch. I would assume that the PS3 will have reached a lower price point by that time. The PS3 is currently outselling both of its competitors and its been a while since its last price cut so I imagine that this counts as having momentum. I haven't read much on brand awareness but I was unaware that it was a problem for the PS3, in fact, I thought it was one of the system's strongest assets. Also, what do you base your assumption that the PS3 will be unlikely to foster a similar level of late life-cycle developer as its predecessor? We're talking about a capable piece of hardware which many developers will have years of experience with and an installed user base of at least 80 million. |
How long Sony waits to release the PS4 is immaterial, as sales patterns of the PS3 will be affected by its competition far more than the PS2 was. That the PS3 is "currently outselling its competitors" is also immaterial - the PS2 wasn't just outselling its competitors, it was outselling by a factor of something like 150% of the other two combined - probably more by the end of the generation. But more than that, momentum isn't about sales relative to its competitors. The PS3 isn't selling any more now than it was a year ago - indeed, it's selling less each month than it did a year earlier. The only reason that it's now outselling the Wii is that the Wii lost its momentum.
The capability of the hardware isn't what decides whether developers will support it. If it was, the Xbox would have gotten massive support last generation, and would have kept selling. What sold the PS2 beyond the release of the PS3 was actually what many call "casual gamers" (a misnomer, but let's not worry about that for this discussion). People who kept buying the PS2 did so because it was cheap, and they didn't feel the need to get the latest and greatest, but instead preferred cheap with a huge library of cheap games.
Meanwhile, Nintendo's forecast for the remainder of this financial year says that they're expecting to sell 10.5 million Wiis between April this year and March next year - basically, they're predicting the same as last financial year. If they do a price drop in the next couple of months (I predict early September), they can do it - the Wii is still relatively high in price given where in its life it is (it's still US$150). If they dropped it to $99, it would probably be able to sell 10.5 million just between now and the end of December... especially once you factor in Dragon Quest X in Japan.
EDIT: and I just realised I didn't establish the significance of that observation. If Nintendo meets its forecast, it'll have sold another 9.8 million Wii consoles, which would push it past the 105 million mark before the end of March 2013, and thus it would beat the PS3 to that mark.