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Forums - Sales - Wall Street Journal: Hope Fades for PS3 as a Comeback Player

badgenome on 30 December 2008
JGarret said:
In the hypothetical situation Sony gets out of the videogame business and another company wants in.....which company would you want to compete with MS and Nintendo?

SEGAAAAAAAAA!

Anybody who says otherwise is wrong.



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TheBigFatJ on 30 December 2008
markers said:
the media hurts sony more than the selling a console at a loss, why cant they ever throw in some 'light' in these articles. let the readers know its not all shit on a stick. the ps3 is still a fun console to own, it has games, it plays dvds/blu-ray, you can listen to music.

 

Because the 360 and Wii are fun to own as well.  The 360 plays DVDs.  There are standalone BD players that you can buy and you can buy a 360 and have both for less money than a PS3.

He assumes you know the PS3 is a console and it competes with the 360/Wii.  He's simply stating some facts: Sony is losing money like crazy and everyone who has been watching for a PS3 comeback can stop watching because it isn't going to happen.



Viper1 on 30 December 2008
Ajax said:
analists and experts

they talk bullshit most of the time anyway
look at the financial crisis
how come all those super experts didn't see that one coming

A lot of them, not all, have been saying the economy was spiraling out of control for years.

 



The rEVOLution is not being televised

TheBigFatJ on 30 December 2008
Viper1 said:
Ajax said:
analists and experts

they talk bullshit most of the time anyway
look at the financial crisis
how come all those super experts didn't see that one coming

A lot of them, not all, have been saying the economy was spiraling out of control for years.

 

 

And most of them have been saying the housing bubble would eventually burst, as everyone really knew.  The issue this time is that there were credit swaps occurring where hedged positions were too deep (there'd be several hedges in a row for the same money).  There were a lot of assumptions made: that housing values wouldn't drop dramatically over the next few years (which they have), that Fannie and Freddie would have enough money to cover any kind of drop, etc.

There wasn't enough awareness about what was happening and, as a result, there was insufficient impetus to stop it.