Sony made an annoucement recently that the price of PlayStation 3 will be slashed -100$, but some people speculate whether hundreds bucks is enough to raise interest. Has Sony made a mistake by creating a console with a high end philosophy? The source shows some interesting historical facts about console sales vs. price, and if the history repeats itself Sony may be in some trouble. A high end console, or a media center, is a rather new product concept and perhaps the Joe Average is just not ready for it? On the other hand Sony has been able to sustain very long product life cycles in the past with PlayStations, so perhaps they can repeat the trick and be a winner eventually? The key element might also be the high definition video - oddly the HD televisions are selling like pancakes, but the HD video players are not. People are watching low resolution content with the high definition TVs, but that must eventually change.
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