According to Shuhei Yoshida, president of Sony’s Worldwide Studios, the price for the company’s new handheld had been decided very early on.
This thing will sell like hot cakes at this price.Can't wait to get it.
Price definitely seals the deal and with the support its getting, man, It's going to be awesome to be a PSVita owner :D
They should have revealed the price when they first revealed the console.
Most companies do the same thing, first by revealing the product (thus making the consumer interested) and then reveal the price at a later date. It's a great selling technique, you make the product desirable by showing off it's features and once the consumer has already been convinced then you reveal the price.
That just makes Sony sound really, really stupid. What if manufacturing costs ended up being much higher or lower than expected? What if, you know, there was some sort of global economic crisis, or string of natural disasters, that left vast numbers of consumers with less disposable income than before? What if inflation continues, but wages remain constant?
Or what if the decided price was used when planning what kind of hardware they would put in the Vita? By deciding it early, they could make sure that they would not include technology that would make them lose money per sold unit.
the answer is so simple that it makes your question sound ignorant imo
You sure sony is the really really stupid here?
Determining a price-point beforehand kept them inline with what they could and could not do with this system. Why spend money developing the thing only to discover in order to make a dollar, they're going to have to sell it for $1000? This was a SMART move on Sony's part.
From what i hear from some interviews the price was the first thing they decided and then they asked developers to pitch ideas.
Sony's has been doing this strategy since the beginning of Playstation 1. Selling the console for a fraction lost but gaining profits overtime when the materials for production becomes cheaper.
The great thing about mistakes is learning from them.
Well it worked out for them. Because the Vita is an amazing piece of tech for only 250 euros. The Vita will end up surpassing the PSP because of this.
Not to mention the massive dev support and no more over-abundance of cheap PS1/PS2 ports as well.
Oh yes the ports. The Minute i get the Vita i will download Finalfantasy 6,7,8,9.
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