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.

Editors, what are you doing?

[X43B]

" 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. "

Based on the layout of that quote, I believe the editor said this. If they had actually read the link they quoted, they would know that 200,000 is a first run and Sony plans to produce 2 million units in October alone.

Wow.

Re:Why would that be weird?

[Dionysos Taltos]

As the father of two boys, I can support your theory. My older boy really wanted the XBox 360. However, as the details and pricing of the Nintendo Wii have been released, he's come 'round to my thinking. The motion controllers are what really started to sway him. Now he'd rather we buy the Wii and use the difference in price to buy a few games right off the bat. Which suits me just fine.

Re:Why would that be weird?

[masklinn]

The wiimotes will more than likely be devkit's wiimotes i.e., wired wiimotes. That doesn't limit the gameplay to anything even remotely like traditional gaming, it just means that the customer can't take off with the 'mote.

He obviously bypassed a technical editor.

[BlueCoder]

You really think they are abandoning the PS2 anytime soon? Or perhaps do you think 1000 games are going to be available for the PS3 at launch?

Read your video game industry history. The PS2 will still be sold for the next five years. New games are still going to be created for it because it has the installed base.

The PS3 is the next generation where generations last 10 years and overlap previous and suceeding generations. Consoles are stable computers designed for games, they don't come out with new versions every six months like camcorders. It's expensive now because it has to be as powerful as possible so that it can be viable for ten years. Spend the big bucks now and be smug that you have the best system out there or wait five years and you can get it for $150. Your money, your choice.

Sony did their homework. You didn't.