[QUOTE]Wii "is not hurting us" says Sony's Stringer
29 August 2008 12:31 by Andre "DVDBack23" Yoskowitz | 55 comments
Wii is not hurting us says Sony's Stringer Sony CEO Howard Stringer was recently asked if the PlayStation 3 was suffering as a result of the Nintendo Wii's very strong sales but he said it was not despite the fact that Nintendo probably has the "superior business model".
"The Wii is a well-made device that has found a new target group. For a while, we held the same target group with the SingStar karaoke game. But perhaps we neglected to pursue that avenue," Stringer said. "PlayStation games are rather designed for those who play a lot. Although it's a different strategy, it pays off. We currently have a production bottleneck with the PlayStation 3."
"You also know, however, that our business model is not perfect, and that we make a loss on every console we sell," he confessed. "Nintendo makes money with the hardware alone, which may be a superior business model. But the Wii is not succeeding at our expense - it is not hurting us."
Stringer continued, "We are already making more money with the games than we are losing with the hardware."
In a funny confession, Stringer also admitted that it would take the company a very long time to recover the estimated $3 billion USD that it spent bringing the PS3 to the market.
"It will certainly take some time... We are currently at the stage in which we need to get a grip on the production costs. That takes time." [/QUOTE]
[url]http://www.afterdawn.com/news/archive/15284.cfm[/url]
--------------------------------------
As per usual the Sony monkeys are smoking some powerful weed...lets see if Zippy ca out smoke them! :D
A example
Game market is made of about 45% causal gamers,30% hardcore(causal) gamers and 25% non gamers, non gamers are the full spectrum of people who buy a game and let it get dusty rarely buying more games?
With casual being the brunt of "gamers" guess who's buying the WII mofos?!?!!? And do not tell me if the WII was not there all that money displaced by it would not be going to the 360 or the PS3, there go its COMPETING!!!!!!!!
Just because you dislike the WII and do not think its worthy of your time dose not misplace the fact that it is competing because the brunt of WIIs market say 50-70% would be spending money on either a 360 or a PS3 if the WII was not there, to say it's not competing is a fallacy of the gleeful fanboy.
Now I will give you it's not directly competing for neck and neck placement in the industry but... it dose not have to it is making such a profit normal rules do not apply simply remove the WII from the market you have millions if not billions that would be spent world wide for the other game systems, because of this fact it is competing.
