Pachter regrets calling PSPgo a "rip-off"
"A poor choice of words," says analyst.
Respected industry analyst Michael Pachter has publicly apologised for calling the PSPgo over priced.
"I sincerely regret the choice of words in my response to [GameTrailers TV editor and presenter] Geoff Keighley's question in last week's Bonus Round, where I said that Sony is "ripping off" the consumer by pricing the PSP Go at USD 249.99," Pachter told IndustryGamers (picked out by vg247).
"I made a poor choice of words, and I do not think that Sony is doing anything nefarious in choosing their pricing strategy.
"The company has the right to price its products at a point that they think is competitive, and has no obligation to sell products at lower than a competitive price," he added.
Pachter went on to say that Sony has every right to make a profit on PSPgo after loosing around USD 100 on every one of the 22m PS3 consoles sold. He said the PSPgo price is pitched at an iPod Touch level, but that Sony's proposition has "arguably much more value".
Sony, to nobody's surprise, unveiled the PSPgo at E3. The UMD-less handheld costs GBP 250, EUR 250 and USD 250, and launches across Europe and North America on 1st October.
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Comments (98) Latest comment 3 years ago
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GOD NO!!!
NO NO NO!!!
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$ 2,200,000,000?
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Yeah, I twitched a little at that.
I'm quite keen to get a PSPgo. I reckon I'll be more keen when we find out what they're doing with UMD transfer. My ideal would be some way to buy games on UMD and transfer them to a digital format, as that mirrors my preferred way of filling my mp3 player by buying CDs. Seems unlikely though, but I'm slowly coming round to digital sources.
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PSPGo=IQ test
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Smells like it, Ace, doesn't it?
I'm not sure which bit of the price suggests it isn't a ripoff, nor that Sony are 'entitled' to effectively overcharge on the PSPGo because they've so royally ballsed up the release and marketing of the PS3.
But that's just me.
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That would require too much logic.
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This is why Sony needs to be destroyed.
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$ 2,200,000,000?
That is an awful lot, do film compaines have to pay Sony to use a blu-ray disc?
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Agreed. Sony did many great things in this year's E3 reg. PSP - new hardware and a awesome software lineup, but the PSP Go price is a mistake!
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It's true that a company can put the price they want to a product, but then they can't complain if it doesn't sell.
As for me, I'll be perfectly fine with my PSP2000.
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RIP OFF RIP OFF RIP OFF RIP OFF RIP OFF RIP OFF.
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Looks like they are hoping to make up that PS3 loss on every PSPgo they sell!!!!!!!!!
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£250 with no game? Sony can suck my balls
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for ref $250=£151.73 €250=£213, already a massive disparity (even taking into account sales tax and vat)
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That will teach those pesky MS-loving UK people not buying those PS3s! Payback time!
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Isn't that a given? But isn't it also a given that we as consumers have the right to call bullshit when we see it?
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Pachter you are officially banned from ever eating a bag of McCoy crisps because as we all know. Them's MAN crisps and your man credentials have been officially revoked!
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I understood he was criticising Sony for launching the PSP Go at a high initial price because they knew they would snare a sizeable number of PSP fans / gadget fanboys regardless of price.
But surely this is a sensible way to behave if you're in business, especially if you will probably have stock shortages launching at a lower price?
It's not like Sony is a gamer charity, much as I'd like them to be.
If I had 100 of commodity X, and could choose to sell it for either £10 or £15 (knowing that I'd sell out in either case) I know what I'd choose.
Pachter - get yourself an iPhone and download EA's Lemonde Stand. That'll help you out...
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I still think its overpriced, but who pulled £250 out of their arse? AFAIK that's never been on the cards.
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Are any of the guy's comments/views really worth reporting?
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Sony have every right to rip the consumer off to address the losses they made with the idiotic PS3 strategy.
It was the true choice of words, but not perhaps the best for his carreer.
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A nice idea (and still a great machine) utterly shat on by an idiotic pricing strategy. Nicely done, Sony! >
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i wonder how long it will take them to realise ppl dont want to pay silly money these days for consoles, there is a recession on gawd dammit!
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I *had* hoped this would be at least a bit cheaper than the UMD-based PSPs, the release schedules for the PSP are looking rather healthy right now (Assassin's Creed in particular). The PSP is a very nice bit of hardware and I use mine often but it's been pretty bloody barren for software for ages now.
I saw this as an opportunity to give it a shot in the arm with DD. At that price, the general public aren't going to be interested.
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It does seem clear that Sony is not eying competition with DS. They seem to believe that they can co-exist (and they can). With DS being the mainstream, kiddy, girly buy. PSP's the hardcore one.
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1) You're actually getting less for your money. Smaller screen and no UMD drive are a step down on the functionality side. The built in memory helps ease the pain a little but still...
2) It's going to be bloody expensive to transition from the PSP - different perhipherals, new cases, new memory stick format. All of that adds up. It's also, btw, one of the reasons the PSP-3000 becomes a LOT less attractive. Any money you put into it now in the form of UMD games, accessories etc is rendered moot if you ever want / need to upgrade.
3) This is a test case to see whether gamers will go for a download-only system. Assuming that Sony have got the piracy thing sorted out (which, if they haven't, is going to see the Go sell by the thousands as the games are designed to run off the internal memory unlike UMD's so you're guaranteed to get the same gaming experience as a legal copy.. just a thought) then the only way to buy games is through Sony's own on-line portal at a fixed price. No more competition and no second hand market is likely to see average prices per game rise. Given this, and the uncertanty about the impact on customers of having a game library that they don't own and can't resell, you'd think Sony would be trying to ship as many as possible to establish the eco-system and convince gamers to give it a go.
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Long live physical media.
Speaking of which, its all about control isn't it. When you get a physical copy of the game, its really really yours to do with as you please. You can buy it, grind it up, bake it in a cake and eat it, poop it out and resell it to a art gallery. Thats fine. The power is with you. Soon we'll all be like Public Enemy
"We gotta take the power back!"
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And no doubt you'll need a US credit card (in fact, I think it needs one already) to pay on their store, so I can't do it that way.
Curse you Sony.
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£250 is a fucking rip off though. "
Sorry but how is that all right?
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Are you new to the world of journalism?
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Just stick "pspgo pre order" into Google, I see multiple reports of £179.99.
I can't check game.co.uk itself right now (stupid internet policy at work), but there seems to be a few places reporting it at as low as £174.99...
Oh yeah, and on the $ to £ direct conversion thing, ummm why isn't the PS3 £399 then?
I did find this though:
[link url=http://www.cdrinfo.com/Forum/tm.asp?m=154423&mp age=1&key=𥬷
]http://ww w.cdrinfo.com/Forum/tm.asp?m=15...[/link]
Seems like the price isn't fixed quite yet. But there's no way its going to be sold at £250 at launch. Not a chance in hell as they'll get grey imported to death.
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Someone from Sony must of threaten legal action
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Yeah but 16 gig is worth fuck all these days. Definitely not worth a 100€ more.
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I don't think this guy knows the first thing about the video game industry.
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Price MUST falls way down.... further down that that... then I ll consider it a maybe!
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Have fun.
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[link url=http://blog.eu.playst ation.com/
]http://blog.eu.playst ation.com/
[/link]
Read the article (posted today) specifically the part about price. Prices are yet to be set for territories that use neither the dollar or the Euro.
ITS ALL SPECULATION AT THIS POINT.
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It isnt though. You have the sliding mechanism which I know doesnt cost anything but you are paying for the research into the technology as well. People are also forgetting it comes with a SEIXTEEN GIG HARD DRIVE. For you to buy a DECENT 16GB pro duo will cost you £100 or there abouts. Sure there are cheaper versions that do not read or write at a decent speed, but for a 16GB extreme 3 or equivalent you are looking at £100. So, you are also paying for the hard drive remeber which sony does not provide in the other. They gave a gig memory card in an edition yes, but small flash cards are cheap. Large ones, or mini hard drives are not. So think on people. Its a decent enough price for what it is but as always people want something for nothing or they just are not thinking about what it is they are paying for exactly/what has gone into it
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It's so sad :'(
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That's bearing in mind the manufacturer has to make a profit aswell as Play, and Sony would be getting a big bulk-buy discount, presuming for a moment they don't make it themselves for even less.
Like I said: I was hoping this would be the start of a cheaper PSP which would rejuvenate the market. Looks like that's not going to happen, and I'll be sticking with my original 'fat' PSP and a 4gb stick.
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First,Sony is not paying retail price for it,mass orders=much cheaper price
Second,PSP Go has 16 gig of "in build" storage-much cheaper than some portable memory stick solution
Third,flash memory prices are dropping like crazy.
If true PSP2 was priced like that people would have second thoughts about it.
This is just an attempt to rip-off hardcore fanboys...
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The fact that Sony are trying to claw back money from a machine they couldn't afford to sell(PS3) has very little to do the price of a totally separate piece of hardware.
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Many ar elike Pachter, jumping to conclusions before the full facts are revealed.
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Really?
I really don't care about spelling much, but if there's one typo that gets to me it's this one. This one pisses me off each time.
For shame, Eurogamer (and Purchese). For shame.
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""The company has...no obligation to sell products at lower than a competitive price,"
"Sony has every right to make a profit on PSPgo after loosing [sic] around USD 100 on every one of the 22m PS3 consoles sold."
That doesn't sound like he's apologising...It's more like an inverse statement and he actually meant every word and it's all a dig at Sony!
Besides, at £250 per pop, I don't need no so-called industry analyst to tell me that it's purely and simply A RIP OFF!!!
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Oh but the anal-cyst says it isn't anymore? Oh great, here have my £££'! /yeah...
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They are?
HA HA HA HA HA HA HA HA HA!!!!!
STUPID ARSEHOLES!!!!
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Rife with sarcasm, no?
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Congratulations to the fantasist who pulled the £250 price point out of his/her ass and got so many people to believe it/comment on it. Am I the only person who actually bothers to check the facts before loudly complaining round here?
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Me either, to be honest I wouldn't sidegrade for a penny more than £150, which is about what its worth in my estimation.
That being said, everytime somebody quotes £250, I just cringe. There's no excuse for such arrant stupidity, its depressing. Are so many people here that dim that they believe everything they read on internet forums sight-unseen just because (presumably) it reinforces their prejudices?
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Me either, to be honest I wouldn't sidegrade for a penny more than £150, which is about what its worth in my estimation.
That being said, everytime somebody quotes £250, I just cringe. There's no excuse for such arrant stupidity, its depressing. Are so many people here that dim that they believe everything they read on internet forums sight-unseen just because (presumably) it reinforces their prejudices?
Well that's a bit harsh as the article itself says it's £250. I can't say I really blame people for believing Eurogamer. Now, I think Eurogamer have made a mistake there but with this article and preorder prices ranging from £229-£249 surely you see why people here might think that it's £250?
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You know, I kinda agree with you. However, you can't blame people for assuming the price is around the £250 range, with it's £230 (from a RRP of £250) preorder price at Amazon, £250 at Play, £230 at Game, £230 at Gamestation, £230 at ShopTo, £230 at GamePlay, etc
I fully appreciate that Sony haven't officially announced PSP Go pricing yet, but the retailers would have a better idea than most of us. Also, it's concerning that Game originally had it priced at £180 and only a day or so later raised the pre-order price to £230. I'm sure they wouldn't do that unless they were given the heads-up that at £179 they'd be losing money.
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Well I'll be... You're quite right (about the article stating the £250 rumour).
Looks like EG need to check more than their spelling in this article.
Because honestly, doesn't it strike you odd that on this single piece of hardware Sony would have a 1:1 price match between territories, when none of their other stuff does?
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I LIKE the PSP-GO!, do not misunderstand. It's a lovely looking piece of kit, achingly stylish. But £230-£250? For, let us not beat about the bush here, considerably less features?! Sony did this with the PS3 as well. Take out features and refuse to budge on price. Look where that got them, oh yes, it forfeited their position as market leaders and now they play second fiddle to Microsoft.
I just do not get it. I really don't. It's like there is no ability to see common sense in the entirity of Sony as a business and corporation. You do not charge MORE for less features, memory is cheap enough these days so that cannot add such value to it.
Not even Nintendo with their unassailable grip on the market do this! The DSi costs more because, oh yes, it has more features (just enough to push it into another market bracket). It dropped the GBA port but seriously, we know people who went to buy a DSi on release couldn't give a rats ass about a console that went obsolete five years ago. It's still a lovely looking piece of kit though.
I... I just don't get it. I'd like to know which planet Sony lives on because I'd love to come and visit, to be so blissfully and completely ignorant when you're stuck and the way out is a sheer vertical wall...
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Well I'll be... You're quite right (about the article stating the £250 rumour).
Looks like EG need to check more than their spelling in this article.
Because honestly, doesn't it strike you odd that on this single piece of hardware Sony would have a 1:1 price match between territories, when none of their other stuff does?
Odd? No. Not odd as such, I think the term is "batshit crazy".
I doubt it's anything like £250 but if I were getting one you can be damn sure I'd be importing it from the US regardless of whether I lived in the eurozone or the UK.
Ah, of course, only digital downloads now. Is it region free like the PS3? Also a UMD disc can contain up to 1.8GB so that 16GB storage doesn't seem that much.
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It confuses me, because when they were blowing everyone away with the PS1 they seemed to be the sensible head in the industry making clever decisions compared with Sega's Saturn hari-kari and Nintendo's cartridge obstinancy re. the N64. How things have changed
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Batshit Crazy? Yep, can't argue with you there!
Only thing I heard/read elsewhere that supports *any* reason for the silly price-point is that Sony are trying to cozy up to retailers who they might be alienating with their direct download approach by giving them a unusually generous margin on the hardware.
Which as a punter might not be bad news as if it gets sold as a loss-leader, i.e. at, or at least close to, wholesale cost.
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[link url=htt p://news.bbc.co.uk/1/hi/technology/8080452.stm
]http://ne ws.bbc.co.uk/1/hi/technology/80...[/link]
However given the tech and doing a side by side with the DSi at £130, I'd guess they are making a good profit at 200 and the extra £15 to offset the PS3 loss (besides the digital downloads). But thats a whole lot better than £250.
Anyway I'm sticking with my DSlite for the time being.
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