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Early PS3 Fallout

April 18, 2007 10:54:04.734

CNET reports that Sony is paying for the PS3 the hard way: layoffs. The root of the problem? The PS3 is way, way above the "what the heck" price point, while the Wii hits it. Meanwhile, Sony has to fight with the bottomless pit of money from Microsoft (XBox 360) - because the XBox and the PS3 are going after the same gaming demographic. Meanwhile, Nintendo has the casual gamer space all to itself, and a price point that says "buy me now!"

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