cinch: Learn to read. 40,000,000
in its lifetime.
-jinx- said:
I have to push back on your sales predictions:
1) You are comparing projected lifetime sales for PSP (allegedly 40M) versus projected YTD sales at the end of 2005 for iPod. How is that a fair comparison?
No no. I wasn't saying iPod wouldn't eventually hit 40,000,000. I was just saying, with PSP it's a different market with growth potential that we KNOW is possible due to previous handheld machines. iPod is THE most popular HD based player. We don't really know how far the growth potential is. We know that it has been out for several years and Meryl Lynch says it'll finally hit 20,000,000 by the end of this year. Gaming, we know, has this sort of sales potential beat - PS2 hit 20,000,000 in its first year. GBA has 60,000,000 sold, GB/GBC had... what... 120,000,000+? I mean, this sales potential is vast.
-jinx- said:
2) I'd love to hear why you think the PSP sales potential is 40-60M. For one thing, it exists at a MUCH higher price point than the GBA, and there is a natural tension between price and volume. For another thing, it is coming out at a time when the next generation of consoles is about to emerge. Although consumers now might have money to spend on a PSP since they haven't bought a console lately, there will soon be a choice to make between buying a next-gen console, and current-gen tech in a handheld. Given that choice, I think it will tend to limit the amount of PSP sales potential.
This is the flatest argument ever in the history of mankind. GC was
199 when it came out. PS2 was
299! Guess which sold more! Guess! If you answered "PS2", you're correct! Value is determined by the customer. If the customer determines 250 is a great value for what PSP does, then it's going to sell extremely well. It's that simple. This of course also ignores the obvious factors like guaranteed price drops and such.
Similarly, a handheld market and a console market are slightly different. GBA has sold how many units now? It floated through console launches just fine. There's no doubt one has a factor on the other, but if someone is interested in both eventually they will hop onto it when it becomes attractive (if they think PS3 or Xenon is the priority, they may wait to buy PSP when it's 199 or 149).
There are a lot of factors, but 30,000,000-40,000,000 is a pretty good estimate. Some would say that's even low, but I'm not one for being overly optimistic.