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//Wednesday, March 21, 2007


  Stringer: If PS3 fails, it will be down to high price
"Sony's CEO Sir Howard Stringer has commented that if the PlayStation 3 fails in the market it will be due to the high price point attached to the next-gen console.

Speaking in a interview with US TV program CEO Exchange, Stringer likened the console to a Mercedes car and said that it was in a different league to Nintendo's Wii console.

"If we fail, it is because we positioned PS3 sales as the Mercedes of the videogame field," said Stringer.

"PS3 is a different audience and it can be whatever it wants – a home server, game device, even a computer," he added.

Stringer praised Nintendo's latest home console, calling it a "a wonderful device," but he believes it "has a different target audience" to the PlayStation 3." Via gamesindustry.biz .

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