Sony's Blu-ray fiasco is the gift that keeps on giving. The latest gift: handing the game console market to Microsoft and Nintendo.
The Wall Street Journal reports that US sales of the PS3 fell 19% last month from a year earlier - while rivals Wii and Xbox are likely to see a rise.
The PS3's problem is price: $399 vs $250 for Wii and $199 for Xbox Arcade. Even at $399, Sony loses money on every PS3 sold!
The included Blu-ray player is a big chunk of that cost. Key to Blu-ray's victory over Toshiba's HD DVD, Blu-ray is now sinking the PS3 - in a more lucrative market.