Analyst says PS3’s in stock = Not Good
Jan 12th, 2007 by J. Bakalar
Just yesterday I was in a Wal-Mart and an EB Games; do you know how many Playstation 3’s I saw? 11! That’s right, almost a dozen 60GB Playstation 3’s were on the shelves, waiting to be claimed. And just think, two months ago one of these bad boys was worth upwards of $2000. That is simply unbelivable. Wal-Mart had 7 in their glass display while EB told me 4 were in the back (1 of them was returned). While Sony fanboys may still be sore from the shock of this, it should come to no surprise to those who look at this industry from a practical and logical point of view.
Read what
GameDaily BIZ reports industry analyst PJ McNealy is saying about the current surplus. It basically boils down to this:
- Lack of new exclusive games - This is pretty obvious. Resistance can’t hold the reigns forever.
- The $600 price point - It is hard for gamers to justify spending that much money. Most people even thought the Xbox 360 was too expensive when it launched.
- Blu-Ray has yet to take off - Let’s be honest, HD-DVD has yet to make its mark either. Thus, it’s tough to market these formats to consumers.