Analysts Think Sony Should Cut the Price of the PS Vita For No Reason
In one of the more peculiar stories I’ve read today, Bloomberg has a report in which a couple Japanese analysts act like it is Sony’s moral imperative to cut the price of the PS Vita just because Nintendo cut the price of the 3DS. Here are some stupid quotes.
“Gamers are increasingly anticipating Sony to lower prices, especially after the 3DS cut,” said Ace Securities Co’s Hideki Yasuda. “Sony is under major pressure to cut the price of the Vita or risk a major failure.”
“If strong titles aren’t there for Vita, there is a risk I might have to cut my estimates,” said Kazuharu Miura, an analyst at SMBC Nikko Securities Inc.
Of course people aren’t going to buy it if there aren’t strong titles. What the f–k do you think happened to the 3DS?
Anyway, I don’t really need to be righteously indignant about how stupid it would be for Sony to cut the Vita’s price in response to the 3DS cut — Kaz Hirai is indignant enough for the both of us.
We have a very good product at a very affordable price. There’s no need to lower the price just because somebody else that happens to be in the video game industry decided they were going to.