heyholetsgogrant
April-11th-2007, 10:31 AM
Sony's PlayStation 3 in race against time
Tue Apr 3, 2007 1:08AM EDT
By Kiyoshi Takenaka - Analysis
TOKYO (Reuters) - After a slow start, the outlook for Sony's (6758.T: Quote, Profile, Research) PlayStation 3 is getting brighter as growing appetite for high-definition TV fuels the game console's sales and production costs come down.
But Sony's window of opportunity is closing quickly if it hopes to catch up with rivals Microsoft Corp. (MSFT.O: Quote, Profile, Research) and Nintendo Co. Ltd. (7974.OS: Quote, Profile, Research) and keep the support of game developers so vital to a console's success, analysts said.
Sony Corp. and other console makers typically lose money on the hardware and generate profit from royalties on software. So the key to making money is to establish a large installed base of consoles and encourage developers to put out a lot of games.
"It's a race against time," said Hiroshi Kamide, an analyst at KBC Securities who covers the $30 billion video game industry. "They must increase their users or it won't be commercially worthwhile for software makers to support itit."
Source: Reuters
http://www.reuters.com/article/reutersEdge/idUST190920070403?src=040307_1130_INVESTING_commen t_n_analysis
US Web sites pull PS3 20GB model
The basic edition of the next-gen console is removed from Sony's US Web site, fuelling speculation that its days are numbered.
By Emma Boyes, GameSpot UK
Posted Apr 11, 2007 4:17 am PT
The official online Sony store in the US, Sony Style, has taken down the 'basic' model of the PlayStation 3 from its Web site, as a number of retailers stop selling the cheaper model of the console in the States.
Today companies including Amazon.com, Best Buy, GameStop, EB Games, and Circuit City were no longer listing the 20GB model on their Web sites.
The 20GB model of the console has a number of differences to the 60GB version aside from the size of the internal hard drive and lower price, including the lack of Wi-Fi connectivity and multiple flash memory card readers, and the chrome trim.
Source: Gamespot
http://www.gamespot.com/news/6168876.html?action=convert&om_clk=latestnews&tag=latestnews;title;2
Tue Apr 3, 2007 1:08AM EDT
By Kiyoshi Takenaka - Analysis
TOKYO (Reuters) - After a slow start, the outlook for Sony's (6758.T: Quote, Profile, Research) PlayStation 3 is getting brighter as growing appetite for high-definition TV fuels the game console's sales and production costs come down.
But Sony's window of opportunity is closing quickly if it hopes to catch up with rivals Microsoft Corp. (MSFT.O: Quote, Profile, Research) and Nintendo Co. Ltd. (7974.OS: Quote, Profile, Research) and keep the support of game developers so vital to a console's success, analysts said.
Sony Corp. and other console makers typically lose money on the hardware and generate profit from royalties on software. So the key to making money is to establish a large installed base of consoles and encourage developers to put out a lot of games.
"It's a race against time," said Hiroshi Kamide, an analyst at KBC Securities who covers the $30 billion video game industry. "They must increase their users or it won't be commercially worthwhile for software makers to support itit."
Source: Reuters
http://www.reuters.com/article/reutersEdge/idUST190920070403?src=040307_1130_INVESTING_commen t_n_analysis
US Web sites pull PS3 20GB model
The basic edition of the next-gen console is removed from Sony's US Web site, fuelling speculation that its days are numbered.
By Emma Boyes, GameSpot UK
Posted Apr 11, 2007 4:17 am PT
The official online Sony store in the US, Sony Style, has taken down the 'basic' model of the PlayStation 3 from its Web site, as a number of retailers stop selling the cheaper model of the console in the States.
Today companies including Amazon.com, Best Buy, GameStop, EB Games, and Circuit City were no longer listing the 20GB model on their Web sites.
The 20GB model of the console has a number of differences to the 60GB version aside from the size of the internal hard drive and lower price, including the lack of Wi-Fi connectivity and multiple flash memory card readers, and the chrome trim.
Source: Gamespot
http://www.gamespot.com/news/6168876.html?action=convert&om_clk=latestnews&tag=latestnews;title;2