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Sony: Blu-ray Could Hurt PS3
Company CEO says PS3's high price was necessary to include the Blu-ray player
By Phillip Swann
 
Washington, D.C. (March 20, 2007) -- If PlayStation 3 doesn't reach the next level, it will be because of Sony's decision to include a Blu-ray HDTV DVD player.

So says Sony CEO Sir Howard Stringer who made the comment in a recent interview with the TV program, CEO Exchange.

Stringer acknowledged that the video game console, which starts at $499, had to be priced higher than Microsoft's XBox 360 and Nintendo's Wii because of the Blu-ray player inside.

"If we fail, it is because we positioned PS3 sales as the Mercedes of the videogame field," Stringer said.
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The Sony chief said the company decided to turn PS3 into some more than a simple game console.

"PS3 is a different audience and it can be whatever it wants: a home server, game device, even a computer," Stringer said.

Despite the cautionary talk, Stringer said that Blu-ray sales are doing well and predicted that the high-def player will ultimately boost PS3.

"(Blu-ray is) selling 3-to-1 versus (HD-DVD)," Stringer said. "We have exclusives with Disney, Fox, Sony and they have the top 15 of 20 movies at the moment...At some point Blu-ray will take over based on this support."

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© TVPredictions.com
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Phillip Swann is president and publisher of TVPredictions.com. He has been quoted in dozens of publications and broadcast outlets, including CNN, Fox News, Inside Edition, The New York Times, The Washington Post, The Chicago Tribune, The Financial Times, The Associated Press and The Hollywood Reporter. He can be reached at swann@tvpredictions.com or at 703-505-3064.

Click TVPredictions.com to read more news and features on TV technology. 

 
 
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