PS3 is down. Xbox 360 to dance off with Nintendo Wii
September 28th, 2006 by Kit Allen“Sony Computer Entertainment president Ken Kutaragi was not ambivalent about the pricing of the console — he kept saying it was a premium machine, sold at a premium price. Want a PS3? Work a little harder…Even the Official Playstation Magazine had a bold cover headline that asked, “Is It Worth $600?”…Merrill Lynch estimated Sony would lose more than $1 billion in the console’s first year of existence. By comparison, Sony lost only $458 million during the first year the PS2 was available.”
Code Name Revolution has posted and interesting link to an article dicussing the PS3 and its apparent pending doom.
