Blackfriars' Marketing

Thursday, August 04, 2005

Sony's PS3 launch slippage too?

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Lest anyone think Sony can do no wrong in the video game business, Engadget has a story saying that one Wall Street analyst believes that Sony will simply cut the price of the PS2 to $100 and wait until 2007 to introduce the PS3. Our view? That would be a poor (and frankly unlikely) strategy for Sony, since it would simply put Sony in the position of marketing solely on price, which it almost never does. Instead, I would bet on a two-pronged approach: Cut the PS2 price to $100 for this Christmas, and introduce PS3 on time in April 2006 at its premium price, just as Sony did with the PS1 when the PS2 came out.