Pachter : PSPgo Price A 'Rip Off' For Consumers

June 11th, 2009, 02:04 Posted By: wraggster

Outraged about the $249.99 announced price point for Sony's new PSPgo? You're not the only one.

Wedbush Morgan analyst Michael Pachter complained on an episode of Bonus Round that Sony shouldn't be charging so much for their new UMD-less device.

"$249 is too much. Period," he said. Pachter's main complaint is that Sony's current PSP model, the PSP-3000, is already profitable at $169.99. And with the reduced production costs of not having a UMD drive, Sony shouldn't be charging an $80 markup on the PSPgo.

"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," he added.

Only time will tell if Sony made the right move with this price.

http://uk.psp.ign.com/articles/993/993682p1.html

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