- Here we go again... the Wall Street Journal aren't feeling too good about the possibility of the PlayStation 3 console's success.
In their latest article (linked above) they doubt it will come back and assert that the PS3 is sagging, while the XBox 360 and Wii are widening their leads.
They pick up on a number of factors including the PS3's price and lack of 'attractive' and exclusive titles.
To quote: With Stringer saying, 'We will be profitable,' you can't cut price," says Michael Pachter
, a research analyst at Wedbush Morgan Securities in Los Angeles. He expects Sony to cut prices at the start of its new fiscal year in April, which could help boost sales.
Sony also is suffering from a lack of attractive titles that are exclusive to the PS3. Microsoft has hit the jackpot with two action-adventure game franchises, Halo and Gears of War, which are available only on the Xbox 360. Most of Nintendo's top games are Made in house and playable only on the Wii.
Sony used to have a stable of exclusive games. But in recent years, Microsoft has persuaded most game publishers to release highly anticipated games to it and Sony at the same time.
Last month, four of the five best-selling U.S. games were exclusive to either the Wii or Xbox 360, according to...