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Author: mactango Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 847  
Subject: PS3 Royalties Date: 11/17/2006 8:24 PM
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About a month ago a read a few articles from different news outlets, one of them the Toronto Star, talking about the absurd price of the upcomming playstion 3. Saying how people aren't going to fork out that much money right away even for new technology, especially when they will be able to buy it on sale a few months after it's release. I immediatly rejected that theory because I know that the news and business world doesn't take into account the hardcore gamer mentality that alot of these consumers have.

Well today that theory proved wrong as the PS3 debuted across America. In fact all PS3's were sold out on the same day. Here's some of what I heard on the news, Quote: "All 1 million PS3's enroute to the US before Christmas are alraedy spoken for", and talking about Nov 17 exclusively: "All 400,000 units were sold out before you woke up." Let's see, is money really an object when it comes to gettin first dibbs on a PS3? I just heard on Fox News, some people are selling units on Ebay for on average of 2,700 dollars. 600 so far have been sold, the most expensive 8,000 dollars. And here's an exerpt from on of the recent news articles I've read...listen to what one man said that was waiting in line for a day in anticipation of the PS3 debut: "It's the next step in video games," said Furino, a 43-year-old Bridgeport resident. "It's going to take you places you never thought a video game system could take you before." Does this sound like a person that cares whether the PS3 cost 600, 800 or 1,000 dollars? Read between the lines. And finally check the story out of a 21 year that was shot buy gunmen that becuase he refused to give up his money that was to be used to buy a new PS3. http://www.dailytech.com/article.aspx?newsid=4991 Just take a minute and let that digest. Yes, that's right, a man was prepared to give his own life before he we give up his money for a game.

This console for hardcore gamers is like crack cocaine for drug addicts, I bet the unlucky people that couldn't get one are breaking into seizures and foaming at the mouth outside tech stores. The point is that some of the news journalists just don't understand that these hardcore enthusiasts care more about their pixel filled fairyland in all its eyecandy glory, than price of the system. And of course NVDA will share in profits from PS3 royalties.
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