TGS 06: Analyst: PS3 price drop a sign of 'weakness'

Iria · Sep 22, 2006, 10:55 PM

Source: GameSpot
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Industry analyst Mike Wallace issued an investor memo today reacting to news that Sony intended to drop the price of the low-end, 20GB PlayStation 3 in Japan.

Wallace, who covers the game industry for UBS Securities, called the move "a questionable business decision and a sign of weakness" on the part of Sony.

SFOSOK · Sep 22, 2006, 11:32 PM

well hell they better do something

TheBlackCat · Sep 23, 2006, 12:39 AM

Of course it is a sign of weakness. Everyone else already knew their position was weak, now Sony simply facing reality.

Sep 22, 2006, 10:55 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	TGS 06: Analyst: PS3 price drop a sign of 'weakness' Source: GameSpot ________ Industry analyst Mike Wallace issued an investor memo today reacting to news that Sony intended to drop the price of the low-end, 20GB PlayStation 3 in Japan. Wallace, who covers the game industry for UBS Securities, called the move "a questionable business decision and a sign of weakness" on the part of Sony.

Sep 22, 2006, 11:32 PM	#2
SFOSOK 939 Goin Strong Join Date: Jul 2005 Location: Ontario Posts: 7,033 Rep Power: 90 System Specs	well hell they better do something __________________ Warning - Explicit Content Preceeding METAL!!

Sep 23, 2006, 12:39 AM	#3
TheBlackCat DriverHeaven Senior Member Join Date: Jul 2006 Location: Searching for the Candle in the Dark Posts: 567 Rep Power: 0	Of course it is a sign of weakness. Everyone else already knew their position was weak, now Sony simply facing reality. __________________ [color=#000000]There is always an easy solution to every human problem—neat, plausible and wrong.[/color] -H. L. Mencken