Guest guest Posted November 20, 2006 Report Share Posted November 20, 2006 In a message dated 11/20/2006 5:30:18 PM Eastern Standard Time, ravenmagic2003@... writes: SONY is selling the PS3 gaming systems.NINTENDO is selling the Wii gaming system. Nintendo is not operating their sales of Wii at a loss.Raven Thanks for the correction. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 20, 2006 Report Share Posted November 20, 2006 SONY is selling the PS3 gaming systems. NINTENDO is selling the Wii gaming system. Nintendo is not operating their sales of Wii at a loss. Raven > > I'm sure that we have all heard stories about how much the PS3 is selling > for. The basic model is around $400 and the top of the line is $600. On Ebay, > they have sold for as much as $5,000 with the average in the $2,000s. What is > interesting is that the company is actually losing money on each platform. > This loss is around $300 averaged for both models. > > Why is Nintendo selling these machines at such a loss? Because they plan to > make their money on the games played on it. A quick look on Bestbuy shows that > pretty much all the games are going for $59.99, or $60 (the .99 thing is a > sales gimmick). Figure that the typical gamer will buy at least 5 or 6 games > and you just about make up that loss. There are plenty of others who will buy > many more than that too. I'm not sure just how many Nintendo will have to > sell, or get royalties on rentals, to pay off each system since each game has > its own developement and marketing costs. Still, they must have figured that it > will pay off. > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 21, 2006 Report Share Posted November 21, 2006 In a message dated 11/21/2006 12:25:57 AM Eastern Standard Time, no_reply writes: I heard that the marketing for this thing was around $130 million or therabouts, thus the high price of the product. I have not seen a single ad for it, so I don't know where the money is going. Hopefully this effort on their part will fail and then they will revert to less greedier ventures.TomAdministrator I didn't see many for the PS3, but I have been seeing a lot for the Wii since the PS3's release. I don't see this as being greedy, rather it is just business. If people are willing to pay the money for the toy, then that is up to them. No one has to buy either of these systems. It is a gamble though. If the product flops, it could hurt the company or even kill it. Remember Intellivision and Atari? (Atari is still around but it is more of a supporting element to other game companies.) Many others like SSI that were great companies made mistakes that felled them. If I actually wanted to buy one of these things, I'd wait a few months and you'd be able to find second hand ones at video stores and other places. They'll probably also turn up on Ebay for a lot less than they are going for now too. For that matter, these companies probably could have recouped some of their money by auctioning about 100 or so of the PS3s before the general release. Those few could also have special features, like a gold emblem or shiny case or something. If the standard model went for up to $5,000, a special edition would probably go for a lot more. It might not offset much of the cost, but the advertising angle would be huge. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 21, 2006 Report Share Posted November 21, 2006 In a message dated 11/21/2006 12:25:57 AM Eastern Standard Time, no_reply writes: I heard that the marketing for this thing was around $130 million or therabouts, thus the high price of the product. I have not seen a single ad for it, so I don't know where the money is going. Hopefully this effort on their part will fail and then they will revert to less greedier ventures.TomAdministrator I didn't see many for the PS3, but I have been seeing a lot for the Wii since the PS3's release. I don't see this as being greedy, rather it is just business. If people are willing to pay the money for the toy, then that is up to them. No one has to buy either of these systems. It is a gamble though. If the product flops, it could hurt the company or even kill it. Remember Intellivision and Atari? (Atari is still around but it is more of a supporting element to other game companies.) Many others like SSI that were great companies made mistakes that felled them. If I actually wanted to buy one of these things, I'd wait a few months and you'd be able to find second hand ones at video stores and other places. They'll probably also turn up on Ebay for a lot less than they are going for now too. For that matter, these companies probably could have recouped some of their money by auctioning about 100 or so of the PS3s before the general release. Those few could also have special features, like a gold emblem or shiny case or something. If the standard model went for up to $5,000, a special edition would probably go for a lot more. It might not offset much of the cost, but the advertising angle would be huge. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 21, 2006 Report Share Posted November 21, 2006 In a message dated 11/21/2006 12:03:37 AM Eastern Standard Time, ravenmagic2003@... writes: No problem, . I am perhaps hypersensitive to such gaffes after being lectured at length by my 11-year-old with regards to various gaming platforms, their advantages and drawbacks, and whether the games being developed for each system if family friendly or inappropriate content according to his views. :-oRaven Normally I'm picky too. But I've never been able to keep straight which system is made by who and wasn't inclined to look it up. What interests me about the whole thing is how people are reacting to it rather than the system itself. Then again, people were going nuts like this about Cabbage Patch kids when I was a child. Of course, the folks didn't listen to me and pick up a few before the rush and place ads in the paper to sell them a few days before Christmas. Even in the mid 1980s those dolls were being sold by scalpers on Christmas Eve for several hundred dollars each. Shoot, I would have settled for spending $15 to buy one and sell it for $60. Do it cash only and no taxes even. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 21, 2006 Report Share Posted November 21, 2006 In a message dated 11/21/2006 12:03:37 AM Eastern Standard Time, ravenmagic2003@... writes: No problem, . I am perhaps hypersensitive to such gaffes after being lectured at length by my 11-year-old with regards to various gaming platforms, their advantages and drawbacks, and whether the games being developed for each system if family friendly or inappropriate content according to his views. :-oRaven Normally I'm picky too. But I've never been able to keep straight which system is made by who and wasn't inclined to look it up. What interests me about the whole thing is how people are reacting to it rather than the system itself. Then again, people were going nuts like this about Cabbage Patch kids when I was a child. Of course, the folks didn't listen to me and pick up a few before the rush and place ads in the paper to sell them a few days before Christmas. Even in the mid 1980s those dolls were being sold by scalpers on Christmas Eve for several hundred dollars each. Shoot, I would have settled for spending $15 to buy one and sell it for $60. Do it cash only and no taxes even. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 21, 2006 Report Share Posted November 21, 2006 In a message dated 11/21/2006 3:29:40 AM Eastern Standard Time, julie.stevenson16@... writes: I remember one year it was 'Telly(sp) tubby' dolls. The company who made them had not realised how popular they were going to be and had not made enough supply for demand. There were silly stories about people fighting over them etc. There is something, maybe two things, every year that people make complete fools out of themselves for. Nothing shows the spirit of Christmas like a bunch of grown ups bum rushing the toy aisle and kicking the tar out of each other over a toy. Its kind of like watching the PS3 mobs recently. That's why I would have sold any Cabbage Patch dolls through the paper and not shown up at the mall with a few to sell unless I had armed guards, or preferably and armored car to sell them from. Its scary how wild people can get. You have my sentiments exactly. Get the toy later when it is safe to do so. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 21, 2006 Report Share Posted November 21, 2006 No problem, . I am perhaps hypersensitive to such gaffes after being lectured at length by my 11-year-old with regards to various gaming platforms, their advantages and drawbacks, and whether the games being developed for each system if family friendly or inappropriate content according to his views. :-o Raven > > > In a message dated 11/20/2006 5:30:18 PM Eastern Standard Time, > ravenmagic2003@... writes: > > SONY is selling the PS3 gaming systems. > > NINTENDO is selling the Wii gaming system. Nintendo is not > operating their sales of Wii at a loss. > > Raven > > > > Thanks for the correction. > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 21, 2006 Report Share Posted November 21, 2006 I heard that the marketing for this thing was around $130 million or therabouts, thus the high price of the product. I have not seen a single ad for it, so I don't know where the money is going. Hopefully this effort on their part will fail and then they will revert to less greedier ventures. Tom Administrator I'm sure that we have all heard stories about how much the PS3 is selling for. The basic model is around $400 and the top of the line is $600. On Ebay, they have sold for as much as $5,000 with the average in the $2,000s. What is interesting is that the company is actually losing money on each platform. This loss is around $300 averaged for both models. Why is Nintendo selling these machines at such a loss? Because they plan to make their money on the games played on it. A quick look on Bestbuy shows that pretty much all the games are going for $59.99, or $60 (the .99 thing is a sales gimmick). Figure that the typical gamer will buy at least 5 or 6 games and you just about make up that loss. There are plenty of others who will buy many more than that too. I'm not sure just how many Nintendo will have to sell, or get royalties on rentals, to pay off each system since each game has its own developement and marketing costs. Still, they must have figured that it will pay off. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 21, 2006 Report Share Posted November 21, 2006 My letter to Sony... http://www.us.playstation.com/Corporate/ContactUs/ConsumerServices Just thought I'd send you an e-mail to let you know that you have effectively priced me out of the market. Not only is the PS3 too expensive, but the games are as well. Personally, I think Sony is greedy. Sony sells cheap batteries that melt computers rather than batteries that work and do the job. Then Sony spends millions hyping a game system that most people in today's struggling economy cannot afford. Sony's cinema unit pumps out smut and charges top dollar for it. Sony is also pricing themselves out of the recording market with changes to the Acid™ program. I have absolutely no respect for Sony anymore. Since there is no way to e-mail the Sony corporate office, I am requesting you forward this message to it. While the law of supply and demand says that the consumer will pay what the market will pay, you ought to know that what you get along with your money is resentment...and a new loyalty to Nintendo. Tom Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 21, 2006 Report Share Posted November 21, 2006 There often seems to be some craze in the run up to Christmas. I remember one year it was 'Telly(sp) tubby' dolls. The company who made them had not realised how popular they were going to be and had not made enough supply for demand. There were silly stories about people fighting over them etc. At the time my son was into telly tubbies (much to my dismay) and it became apparent that I wouldn't be able to get him one for Christmas, but it didn't bother me too much as his birthday is in January and I had no trouble getting him one then. Even if his birthday was not in January - I'd probably have just got him one after Christmas anyway. However the price of a telly tubby doll is nothing in comparisment to a new game system :-) > > > In a message dated 11/21/2006 12:03:37 AM Eastern Standard Time, > ravenmagic2003@... writes: > > No problem, . I am perhaps hypersensitive to such gaffes > after being lectured at length by my 11-year-old with regards to > various gaming platforms, their advantages and drawbacks, and > whether the games being developed for each system if family friendly > or inappropriate content according to his views. :-o > > Raven > > > > Normally I'm picky too. But I've never been able to keep straight which > system is made by who and wasn't inclined to look it up. What interests me about > the whole thing is how people are reacting to it rather than the system > itself. > > Then again, people were going nuts like this about Cabbage Patch kids when I > was a child. Of course, the folks didn't listen to me and pick up a few > before the rush and place ads in the paper to sell them a few days before > Christmas. Even in the mid 1980s those dolls were being sold by scalpers on Christmas > Eve for several hundred dollars each. Shoot, I would have settled for > spending $15 to buy one and sell it for $60. Do it cash only and no taxes even. > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 21, 2006 Report Share Posted November 21, 2006 wrote: " ... <snip> ... There is something, maybe two things, every year that people make complete fools out of themselves for. Nothing shows the spirit of Christmas like a bunch of grown ups bum rushing the toy aisle and kicking the tar out of each other over a toy. Its kind of like watching the PS3 mobs recently. That's why I would have sold any Cabbage Patch dolls through the paper and not shown up at the mall with a few to sell unless I had armed guards, or preferably and armored car to sell them from. Its scary how wild people can get. You have my sentiments exactly. Get the toy later when it is safe to do so. " What would be better yet is to teach children and adults that PEOPLE matter not THINGS. Once that concept is understood, there are no more crazy rushes to buy THINGS that don't matter, especially during a time of year when PEOPLE should be reflecting on the value of PEOPLE and other important matters. Raven Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 21, 2006 Report Share Posted November 21, 2006 For marketers, holidays (literally Holy Days) are about greed. That sort of makes observances like Christmas hypocritical when you have people fighting each other for things to give to their kids. Tom Administrator There often seems to be some craze in the run up to Christmas. I remember one year it was 'Telly(sp) tubby' dolls. The company who made them had not realised how popular they were going to be and had not made enough supply for demand. There were silly stories about people fighting over them etc. At the time my son was into telly tubbies (much to my dismay) and it became apparent that I wouldn't be able to get him one for Christmas, but it didn't bother me too much as his birthday is in January and I had no trouble getting him one then. Even if his birthday was not in January - I'd probably have just got him one after Christmas anyway. However the price of a telly tubby doll is nothing in comparisment to a new game system :-) Quote Link to comment Share on other sites More sharing options...
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