PS3 Move 'off to a good start' - analyst

October 12th, 2010, 13:28 Posted By: wraggster

A survey of US consumers conducted by Lazard Capital Markets has revealed that interest in PlayStation Move and Kinect is high.

According to the results of the survey, demand is healthy despite the relatively high price points of both products and the lack of supporting games.



The survey "suggests healthy demand for Kinect and Sony Move", said Lazard analyst Colin Sebastian. "We are somewhat surprised by the positive reaction given the relatively high price points ($149 for Kinect and $99+ for Move) and the lack of many compatible games for the devices.

"We believe that Sony's Move is off to a good start at retail, with limited supplies, and our survey also bodes well for the launch of Kinect."

However, the survey also suggested that the motion control devices might not have a significant impact on console game sales in the short-term.

"While motion controllers are unlikely to materially impact console game sales in Q4, we do think they could act as a catalyst for stocks, as indicators of future demand for software."

This contradicts Wedbush Morgan analyst Michael Pachter, who thinks Move had only "a modest launch".

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