Wednesday, August 20, 2014

PS Vita > 3DS, Nintendo Feeling The Heat – Analyst

PS Vita isn’t even on the market just yet, but already Nintendo’s feeling the heat from Sony’s latest handheld, and because of it, according to some analysts, the firm’s opted to slash the price of 3DS.

It was David Cole of DFC Intelligence who made the claim while speaking to IndustryGamers, saying Nintendo was ready to take the hit to keep 3DS momentum going.

“I just looked at their revised financial forecasts and they are ready to take a hit,” he said. “They are really being aggressive. It is very unlike Nintendo to be willing to take such a loss. I think what it says is that they really feel the heat from the Sony Vita. I see it as a move to protect their market share and position in handhelds. I would not call it desperation but more a very aggressive defensive action by the market leader to hold on to market position.”

“Sony I think can possibly play this to their advantage, although the price difference is tough. Sony is going up against a very aggressive leader in Nintendo. I think we can say that competition in the portable space should really heat up. That could be good for consumers that can take advantage of these deals.”

RW Baird analyst Colin Sebastian also chimed in, saying if Nintendo had released the console with sufficient content, there would be no need to slash its price now.

“It was clear that Nintendo had a problem on its hands with the 3DS, and I think they are acting aggressively to try and save the platform. For that matter, any new platform has to be very considerate of the initial price point, but that is art as well as science, so I am not sure whether Sony will find it necessary to lower the Vita price.

In fact, the two handhelds are quite different. Content is always a crucial variable that is easy to forget – if game publishers had been able to make really compelling content for the 3DS with appeal to millions of gamers, then the story might have played out differently.”

About Ernice Gilbert

Ernice Gilbert here. Founder and Editor-In-Chief of Gamesthirst. Thanks for stopping by, make yourself at home!
  • nick

    i bet nintys in regret now, sitting back saying why o why did we do this?
    the whole health scare issue has really hurt them.
    the lack of games can easily be solved, but the health worries will be there forever, and thats stopping allot of people from buying them.
    you should of seen the look on my optometrists face on tuesday when i went to see him.
    he was asking me what i got for chrissy and my bday, i told him a new tv, he instantly asked its not a 3D one is it?
    i asked why, and he said oh just a little problem of rotting your optic nerves.
    it effects your depth perception, and after a while can make it really hard to read things far away.
    and you know what, ive noticed that allot lately.
    ive spent the last week playing socom 4 in 3D, and every night when i go to bed i cant read my clock.
    takes forever for my eyes to focus on it, and it always stays slightly out of focus.
    maybe the worries of autostereoscopic 3D are not only for auto after all……

  • ExclusivesMostly

    Wow, I know they were feeling the heat but damn. Sony doesn’t need to drop the price of Vita just yet IMO…what do u guys think?

  • http://www.gamesthirst.com Ernice Gilbert

    @ExclusivesMostly: Yeah, I think the price could remain at its current level. People are really going to by this up! Funny to see Nintendo going all emergency mode on this.

  • http://www.gamesthirst.com Ernice Gilbert

    @Nick: Jesus Christ, bro. I’d give up 3D gaming asap if I were you. Can read your clock? Smh.

  • nick

    bit of a worry ay?
    funny how sony and that forget to mention that……..
    ive always been short sighted, apparently 3D only makes that worse.
    the vitas perfectly priced, not too expensive, not too cheap.
    as long as its got the titles to support it right at launch it should fly off the shelves!

  • ExclusivesMostly

    great points guys, i know i’m getting mine day 1.

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