Loads of things have already been said across the internet about the price point for PSP Go, but Michael Pachter has been virtually silent – sort of.
During a recent taping of Bonus Round with Geoff Keighley, this is what the Wedbush Morgan analyst had to say on the matter:
“$249 is too much, period,” he said. “The [current] $169 PSP-3000 is a profitable device – the disc assembly, for a UMD, costs more than 16 gigs of flash does. So this new device doesn’t cost them as much to make as the PSP-3000 and they jack the price up $80.
“I’m sorry to say it. I don’t want to get bad fan mail from the Sony fanboys, but… They’re ripping off the consumer until they sell a couple million and if consumers don’t buy it then the price is going to come down… they’re making a lot more money on the PSP Go than the PSP-3000. And the PSP Go helps them because there’s no piracy.”
Watch for yourself.