For those who keep perpetuating this myth. Even if we consider the Deluxe model to be the "proper" one the Wii U is still less than the NES when adjusted for inflation.
What about cost of living? Average wages? Oh, we're in the middle of a financial crisis? Somehow inflation is the only thing that matters.
| RolStoppable said: Yeah, the PS3 launched at a bargain price when compared to the 3DO. That's how console prices are judged in the real world, because people are carrying an inflation-adjusted chart around. |
You don't need to carry one around to realize the effects of inflation. The risks and costs of spending a certain amount of money are scaled by how expensive everything else is, and what wages you receive. If your wage is $5 /hr then a $200 console is much more risky to purchase than a $200 console when your wage is $10 /hr. Effectively the second console costs less than the first, becaue the currency is worth less. One dollar in 1985 is equivalent to $2.17 today. This is reflected (at varying degrees) in the costs of everything, video-games (and electronics in general) being some of the most inflation-proof products because of their high competition and consistent progress, but even electronics are subjected to economic rules. A dollar in 1985 can buy much more than a dollar in 2013, while the total purchasing power for performing a task remains the same. That is why adjusting for inflation is necessary when discussing costs.
why is ps3 at $570? Is there some kind of deflation that i don't know about? Are they adjusting for the short supply of $500 PS3s that came out at launch?
currently playing: Skyward Sword, Mario Sunshine, Xenoblade Chronicles X
| RavenXtra said: What about cost of living? Average wages? Oh, we're in the middle of a financial crisis? Somehow inflation is the only thing that matters. |
The question I am answering isn't how affordable the console is, but how expensive it is. The cost will (and has) come down so that demand can meet supply. Nevertheless, it is still factually incorrect to say that the Wii U is the most expensive console released by Nintendo.
| BasilZero said: You cant use that argument unless all those systems release at the same time. To say the WiiU is cheaper because of inflation is saying the WiiU is cheaper than the NES - try telling that to someone right now who bought a NES first hand, wonder what their reaction will be. (Just to let you know the NES US Deluxe bundle was $300 upon its release so no, the WiiU is still the more expensive because the deluxe version was $350 :O). Using inflation to defend a console's price is pointless unless the system you use to argue a price point is still in production and even then, that said console's price would still be cheaper due to cheaper parts and being a old outdated console cause its successor is out and will obviously be more expensive due to newer tech. |
Actually the price adjusted for inflation was the $200 model, not the $300. If we adjust for inflation at $300 the deluxe NES would cost $649.82
http://www.bls.gov/data/inflation_calculator.htm
I'm not defending the WIi U's price-point, I am pointing out a false statement by others. The Wii U's price-point will adjust for whichever demand Nintendo wishes. That is a discussion entirely different from the one of this thread.
RolStoppable said:
True in a sense, but you can also look at that chart and see that the Wii U is the only system that goes against the trend of Nintendo consoles getting cheaper over time. |
And the Wii ($250 - $285 adjusted) vs. Gamecube ($200 - $258 adjusted.)
| johnsobas said: why is ps3 at $570? Is there some kind of deflation that i don't know about? Are they adjusting for the short supply of $500 PS3s that came out at launch? |
My guess is that the lowest model is used for every console, which would be the $500 20GB PS3.
Why does it matter just out off interest?
What about the RDI Halcyon? That console was $2500 when it launched, and that doesn't even include inflation.
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