Former CEO of Square Enix thinks Sony will be a benevolent Monopoly, not like the other monopolies.
Navok’s interpretation rests on a lot of maybes and charity.
Former CEO of Square Enix thinks Sony will be a benevolent Monopoly, not like the other monopolies.
Navok’s interpretation rests on a lot of maybes and charity.
I want someone to come up with a single example where a company lowered prices on a product without reducing its original size.
Most new products drop in price after the initial release, because the seller wants to extract as much as possible from the people who want the brand new thing.
It definitely has happened, the Ford model T went down in price by more than half from $780 in 1910 to $290 in 1924.
https://en.wikipedia.org/wiki/Ford_Model_T
Nothing like that is happening here. This is a move to reduce competition, which has never lowered prices.
There are normally plenty of examples when an effective monopoly is broken of prices coming down to stay competitive, patents expiring on drugs normally sees prices tumble. A single example where a company becoming an effective monopoly lowered prices might be a better comparison because I’m fairly sure that hasn’t happened.
Apple lowered the price of the original iPhone in 2007 from $600 to $400 after 10 weeks on the market.
The Sony PSX launched at $800 (aud) and dropped to $400 a few months later when the N64 was released at $400.
It turns out that Sony had that 100% headroom all along.
Reducing costs just pumps margins. Removing competition with retail boxes will not reduce the price.
Proton dropped prices when their costs went down.