PlayStation 3's Price More Than 35% of Average Monthly Household Income

Analyst: PS3 To Slow Industry Growth, Nintendo & Microsoft Could Capitalize
A new report from analyst group DFC Intelligence's David Cole has once again questioned Ken Kutaragi's positioning of the PlayStation 3 in the coming console generation, and has also indicated that the console's high price could slow the growth of the video game industry. However, the firm also noted that this could make for an exceptional opportunity for competitors Microsoft and Nintendo with each company's competing consoles.

The full text of Cole's report, which was released on the analyst firm's official website as part of a new report, follows below:

Read Full Story >>