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Submitted by Gekko 1297d ago | news

PS Vita is 'too expensive for most,' says Pachter

Sony’s PlayStation Vita is ‘too expensive’ for the most consumers, reckons Wedbush Morgan analyst, Michael Pachter. (Dev, Industry, Michael Pachter, PS Vita, Tech)

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INehalemEXI  +   1297d ago
True at a time like this when mad games are out and the womenz is flocking ...cmon.
Hisiru  +   1297d ago
Has nothing to do with price. Put a brand new God of War or GTA on this thing and you will see people buying 2 vitas. Also, let's see how it will perform in the holiday. I believe COD will be a system seller and there are some unannounced vita games (probably some good surprises), so I think we will see this thing selling very well in the near future.

I wonder what kind of idiot pays Pachter for this kind of job, really. He said some stupid things abour Sony and Nintendo, but people is paying him for it? It's hard to understand.
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Blackpool  +   1297d ago
Why would someone buy 2 vitas for 1 game?
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DigitalAnalog  +   1296d ago
I believe it was a figure of speech that showcases the Vita's value when hit-games enter to it's market.
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MmaFan-Qc  +   1296d ago
its not like if pachter was the ultimate virtue, in fact, most of the time he's speculating like my litle sister usually do.
DivineAssault  +   1296d ago
i dont think he meant buying two vitas literally.. Just that it will boost momentum for ppl to buy it...
Anon1974  +   1296d ago
I won't buy it because of the price. Sure I wouldn't mind having one, but $250 plus whatever extra for the memory...I just don't play mobile devices enough to justify that expense. When I do find myself in a dr's office or with some downtime away from home I find my Android phone is a perfectly capable gaming device, and I've got it on me all the time anyway for business.

If I found myself with a lot of downtime out of the home or my office, then I might consider it but at $250 there's just no way. Maybe $150 and I'd pick one up as a nice to have, but now that smartphones are nicely filling the gaming void for me away from home, even then I probably wouldn't pick one up.
yeahokchief  +   1296d ago
No. I have the money. I just don't want one.

1. I'd rather have an iphone than a vita.

2. I do my gaming on the PS3 at home. I have no use for handheld devices because I don't travel anymore. I'm either at home or work and when i'm at work i'm doing work.

3. I wouldn't even buy one if they put a god of war on it because I didn't buy a psp. Luckily they made a port for those games on the PS3. They were good. Absolutely nothing could get me to buy a PS VITA. I don't want extra junk around my house.

All of that said, it looks like a spiffy device and props to sony for building such reliable and long lasting products. Still have my Ps1 and PS2 in good condition and the PS3 is going strong even after last year's overabundance of awesome top quality games and exclusives.
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Lior  +   1297d ago
No shit
LOGICWINS  +   1297d ago
Hopefully we see some good Black Friday deals for Vita. A white Vita with a 4GB memory card and AC: Liberation for $199 would make it easy for many to pull the trigger.
cpayne93  +   1297d ago
That's the deal I'm waiting for, I'm not getting a Vita until Black Friday. By that time, there will be more games to choose from at better prices than there are now.
LOGICWINS  +   1297d ago
YUP, good things come to those who wait. I'd be kicking myself if I had bought Vita at launch.
cpayne93  +   1297d ago
It's usually pretty pointless to buy a system at launch. You pay too much and your system gathers dust while waiting for games to come out. Better to buy it at a cheaper price with more games later, plus firmware updates will have improved it by the time you buy it.
princejb134  +   1297d ago
i agree i usually wait for over a year to buy a new system
that way if there are any glitches or bugs they have time to fix it
as well as waiting for more games to come out
yabhero  +   1297d ago
I'm getting a WiiU at launch but that's as a gift.
The 3DS is awesome but 250 was too much. 170 is a good price for it. Pretending games are the Vita's only problem is stupid. Tech wise Vita is worth around 220-250. People don't have that money to drop now. A price drop would be a good idea. Cut for 199 would be awesome. It's not likely... It would cost sony too much. I'm worried they will make the same mistake with PS4...
They shouldn't put in so much expensive tech that it isn't profitable...
DarkHeroZX  +   1297d ago
lol or buy an extended warrenty plan for the device. I got until 2014 to get a full refund for my vita at radioshack. That means if a newer cheaper model(maybe even a 720p screen and better battery) comes out I just send it back and buy a new one with the money.
InTheLab  +   1297d ago
An 8gig iPod comes with nothing but a plastic box for $199. You're asking them to give you over $400 worth of gear for the same price?
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NastyLeftHook0  +   1297d ago
the better things in life sometimes come at a higher cost, that's why i don't buy cheap tv's computers, headphones, cars consoles, ect.
#4 (Edited 1297d ago ) | Agree(22) | Disagree(8) | Report | Reply
Cocozero  +   1297d ago
Don't expect a pricecut either because Sony is bleeding money.
NastyLeftHook0  +   1297d ago
Funny, it does not seem like they are bleeding money, if i were to imagine a company bleeding money i would imagine less exclusive games, no ps+ deals or sony not buying gaikai.

But for a company bleeding money as you say all i seem to be getting are amazing exclusive games, great deals on ps+, and sony buying gaikia.
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Cocozero  +   1297d ago
All those examples are why they are bleeding money, and if they don't pay off don't expect the Playstation brand to be around for much longer.
_Aarix_  +   1297d ago
Well they make them but people like you are too obsessed bragging about it to actually buy them. Are you proud of yourself? Taking down a corporation that you love? Are you?

Ot: not paying $250 for a mini console and dont deny it. Theres dlc and onlines passes...ON A F***ING HANDHELD. Either a handheld is $99 at most or ill pass.
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PoSTedUP  +   1297d ago

sony doesn't make products for broke people.
xtreampro   1297d ago | Immature | show
r21  +   1297d ago
you do know that they're making a profit off the ps vita.
detroitmademe  +   1297d ago
o why does it have to be white Logic?JK anyway yea im waiting 4 a price drop but im very impressed with wat ive seen out of the vita so far.
LOGICWINS  +   1297d ago
user5467007  +   1297d ago
Yeah I mean it's the reason why people were so glad and cheered when the price was annouced at E3... /s
LOGICWINS  +   1297d ago
E3's audience doesn't equal the world. Most gamers still don't know what Uncharted is.
user5467007  +   1297d ago
Not even all the articles we got on it after E3 by differn't game sites...nearly everyone on hear was praising Sony because of the price.
LOGICWINS  +   1297d ago
"Not even all the articles we got on it after E3 by differn't game sites...nearly everyone on hear was praising Sony because of the price."

Oh I see. So "different game sites" that popped up on N4G represent most of the gamers in the world? LOL, stay classy N4G...stay classy.

"yeah so is the ipad but that doesnt stop anybody from paying 500+ dollars for it"

I cringe everytime someone makes this dumb argument in a "Vita is too expensive" article. Let me educate you on why you don't make any sense(and thus why you only have two bubbles)

The popularity of Apple products is cultural phenomenon that was given birth to by Apple's world class marketing. To find any human being between the ages of 12-45 in modernized country that DOESN'T know what an iPOD/IPAD is is like finding a needle in a basket of screws.

Because more people KNOW what an IPAD is as opposed to the PS Vita, logically, more people will want an IPAD rather than a PS Vita.

Most people are willing to spend $500 on something that they KNOW exists(and has positive word of mouth) as opposed to $250 on something that they don't know exists(NO word of mouth whatsoever).

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Ben_Grimm  +   1297d ago
"Because more people KNOW what an IPAD is as opposed to the PS Vita, logically, more people will want an IPAD rather than a PS Vita."

The targeted audience for the Vita and iPhone/iPad are also late teens to thirtysomethings. These smartphones have more uses, impractical and practical than a Vita. This is also the reason why these smartphones sell way more.

You just cant say that most people DONT know the Vita exists. Its more like do people even care.

$500 for an iPhone? I don't know about this, if you are buying one without a contract then yes, maybe even costs more. But with a service plan and contract they are much cheaper.
solidjun5  +   1297d ago

Please. You sorely lack this, in addition to actual "logic."

Plus, stop equating bubbles to any common sense. Otherwise you should at 1. Just like your deadreckoning666 account.
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Ben_Grimm  +   1297d ago
"Yeah I mean it's the reason why people were so glad and cheered when the price was annouced at E3 /s"

You were being sarcastic, does this mean you do think it's too expensive?

Anyways I always knew that the people cheering at E3 were not the consumers you find in the real world.
RatchetandClank  +   1297d ago
I think the price is perfect for what all the vita offers, but that doesnt mean people still have $250-$300 to drop on a handheld right now. I would love a vita and would have no problem paying that price IF i had the money to spend.
WeskerChildReborned  +   1297d ago
Doesn't seem that expensive but then again, a $200 price tag would be more atrracting.
MrGunny94  +   1297d ago
Nope didn't had any issue.. Only problem would be the SD cards
MasterCornholio  +   1297d ago
I bought a class 10 32GB Lexor Micro SD card from amazon for 30€ which isnt expensive at all.

What you meant was the Vitas memory which are very expensive because a 32GB one costs 100€ which is 60€ more than the micro SD that i bought for my phone.

PS Vita
2pacalypsenow  +   1297d ago
yeah so is the ipad but that doesnt stop anybody from paying 500+ dollars for it
Mustang300C2012  +   1297d ago
The iPad does so much more than the Vita. No comparison and 3 years on the market and as many as they have sold it really is no comparison. Somy's mistake was marketing it as a hardcore device.
-Gespenst-  +   1297d ago
People mainly buy Ipads because Apple is trendy and having an apple product asserts some kind of status for some reason, even though apple products are all pretty average.
Mustang300C2012  +   1297d ago
It is a joke to say today after 3 years that the iPad is trendy. It fits a lifestyle for all ages and claiming people buy it for $500 or more just to be a trend setter is just laughable. The point is the iPad has a place for people in their lifes for all types of things that it can be used for all ages. The Vita is one demensional and focused one one group of consumers. IMO it came too late and mainstream consumers simply choose to spend their money on alternatives and I don't think a price drop will help it.
MrGunny94  +   1297d ago
I find a iPad the other way i love for my VITA for handheld gaming and applications...
OneAboveAll  +   1297d ago
This is the first time i agree with Pachter. I haven't owned a hand-held since the Gameboy Color. Too damn expensive.
Them_Bones  +   1297d ago
AC:Liberation is the first game on the vita I actually have an interest in but still not enough reason to buy one, if however a GTA game where to be made on it I would change my mind.
Phil32  +   1297d ago
This guy either says something that is so obvious (such as this) or says something that is so stupid and eventually proven wrong like the Wii failing (wrong) and the 3DS's initial price being too small (also wrong). Why anyone pays attention to this man eludes me.
CWVita03  +   1297d ago
I'm tired of everybody always bashing Sony for system prices, better and more capable systems DO cost MORE.
NastyLeftHook0  +   1297d ago
exactly, im not a rich man, infact i make maybe 25k a year but when it comes to quality its best to buy the best most reliable merchandise.
Ramas  +   1297d ago
25k is cool, i make 10$ a year :)
one2thr  +   1297d ago
@Cw fact!
I make about the same as you do and I bought the 3Gg model with a 16 gig and a few games, and as for quality, i've recently played on the demo version Vita at gamestop/bestbuy and the analogs are still tight, heck my girl friend dropped my vita in/on my drive way, and I even dropped it from about 5 feet in the air on hard linoleum and its still running as if i taken it right out of the box, minus a two small scratches on the side from the drive way but besides that, there are NO scratches on my screen what so ever, nor on either front and back sides... The vita is a beast in both the performance, and durability department... And its worth the $350(including warrenty) that I spent on it...
310dodo  +   1297d ago
hes finally correct.

Vita is way too damn expensive.
$249-$299 or more at the moment would be for a new "console"
not a handheld

I may be in the minority but I use a PSP GO.
I love that thing.
Rainstorm81  +   1297d ago
I assume you got the PSP Go cheap and not at launch... because at launch it was $250 and it isnt nearly comparable to the Vita
310dodo  +   1297d ago
yeah I got my Pearl for $140
maybe a year ago
invested in another memory
love it.

id love a vita just to much cash
specialguest  +   1296d ago
I didn't have an issue with the $250 cost, but it's the added memory card cost that pushed me away. Some deals offer free 4gb, but that's severely not enough space.
Ramas  +   1297d ago
i would buy it for what it costs if the games were 50% cheaper. But if the games are like they are now i would only pay 50% for the vita itself.
one2thr  +   1297d ago
Vita spec list:
-5 inch oled qHD multi touch display (tracks 6 fingers at once, me testing it**) @ 120Hz
-Rear touch pad (also tracks 6 fingers at once**)
-dual analog sticks
-built in mic
-great audio/speakers
-Gps(3g model)
-3 point electronic compass
-Sixaxis motion sensor
-4 core graphics processor
-4core computing processor
-128 MB of Vram
-512 MB of system ram
-fast/fluid operating system
-both front & rear facing camera
-And so much unlocked potiental
-3G(for 3g model)
And it cost too much?...
boybato  +   1297d ago
quality items comes with a premium. except for apple products anyways....
CanadianTurtle  +   1297d ago
Its not the price thats bothering me, its the fact that I know a PSPVita slim will come out in a matter of a couple years.
DragonKnight  +   1297d ago
STFU Pachter. When Vita was announced everyone hailed the price. It wasn't until Nintendo didn't have any choice but to lower the price of the 3DS that people started b*tching that the Vita was too expensive. Because you know, if Nintendo can't sell a marginal upgrade with no good games during launch window at $250, then Sony can't sell an immense upgrade with arguably the best launch lineup of games for a handheld in history right?

GTFO Pacther and all you Vita doomsayers.
one2thr  +   1297d ago
yabhero  +   1297d ago
Honestly how is 3DS a marginal upgrade?
The DS has N64 graphics, the 3DS in the case of Resident Evil is better than Wii. Technically that's a two gen leap, actually it's a 1.25 gen leap. PSP is better than N64 but not quite as good as PS2. The gap from N64 to Wii is larger then the gap from low end PS2 to mid PS3. Yes Vita has more power but the change in power from PSP to Vita is smaller than that from DS to 3DS.
The 3DS line up was OK, not great. The Vita was great... The point here is that 250 is just plain expensive for a handheld. Even as advanced as Vita is. iPad is not the same. It's a fad yes but it essentially a flat computer. Web browsing, word processing, communication, movies, games, HD pictures and videos and many, many apps. The Vita is obviously Bette for games but iPad does more... iPad should sell for 349...
Skateboard  +   1297d ago
You're wrong. Compare the specs of the Vita and 3DS, the difference is huge. Vita is like a PC compared to the 3DS.
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bigcupofSTFU  +   1296d ago

vita's MEMORY CARDS are too expensive. thats it

i know a couple of people who did not purchase it because of the mem card price, and the fact it is mandatory.
Emilio_Estevez  +   1296d ago
It really is, if they would have made it a phone as well it would have done much better.
josephayal  +   1296d ago
Cheap People
smartphones (example galaxy note,iphones etc) can cost $600 each! For $250 the vita is a great price. it has the capability to do everything ... AH! And it is just the beginning
AIndoria  +   1296d ago
*sigh* Can your Vita call someone?
stuna1  +   1296d ago
Yes it can if you have the 3g version with skype on it?

People need to realise that buying a vita is more so an investment! Where-as its value will become apparent the longer it's on the market.
AIndoria  +   1296d ago
Not really talking about that mate. It's too expensive in many countries. For example, in India, it retails for 25000 INR which would be 540 US$. Would you buy a handheld for that price? Also, I should mention that average salary of an Indian employee is around 20000 INR per month.
AIndoria  +   1296d ago
Thank you for stating the obvious.
psp2roundup  +   1296d ago
Here are some prices and ratings numbers from the UK PSN Vita store, doesn't look that expensive to me... http://psp2roundup.blogspot...
deletingthis34675334  +   1296d ago
USEYOURFIST  +   1296d ago
il buy one at the current price, £178 is the best ive seen, but only when there is a few more major titles released for it
jaymart2k  +   1296d ago
Fact - People rather spend $400 on a console then buy a PS Vita for $250.

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