PS3 To Slow Game Industry Growth?

simoniker writes "DFC Intelligence's game analyst David Cole has released a new report on the next-gen video game market, and he's especially harsh on PS3 plans: 'The high price of the PlayStation 3 is going to slow overall industry growth, especially for software,' and '...if Sony does not change its current strategy for the PS3 the system will probably end up in third place in installed base.' He also suggests that 'the PS3 would be more than 35% of the monthly household income' of average families in some world territories. When will the backlash end?" The bottom line is that, even if they ramp up to 200,000 units a month starting this month, they're still not going to hit their 2 million unit goal in time for a November launch. Shortages and the high price tag will mean this is going to be a very weird Christmas console season.

Comments

Sony is about to learn the same lesson as Nintendo

[Bloodwine77]

Nintendo
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Console #1: NES = popular. Nintendo does the Hammer Dance with glee.
Console #2: SNES = uberpopular. Nintendo plans world domination by crushing everybody with their giant ego
Console #3: OOPS!! Where'd everybody go?! WE ARE #1, DANGIT!! YOU CAN'T LEAVE US!! MUHAHAHA!! *CRIES*

Sony
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Console #1: PlayStation = popular. Sony does the Hamster Dance with glee.
Console #2: PS2 = uberpopular. Sony plans world domination by crushing everybody with their giant ego
Console #3: OOPS!! Where'd everybody go?! WE ARE #1, DANIT!! IT'S A COMPUTAH! COMPUTAH!! MUHAHAHAHAH! *CRIES*

Nintendo is just now recovering from their egomaniacal fall and is poised to get back in the game and they are no stranger to the #1 spot.

If Sony follows Nintendo, it'll be another generation or two before Sony gets their act back together.

There are other similarities, such as Nintendo falling down because they stuck with proprietary cartridges instead of jumping on the CD/DVD bandwagon. Sony is now pushing proprietary Blu-Ray technology.