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Sony Readying for Larger HDD PS3 ?

Posted by Zonk on Wednesday April 18, @12:25PM
from the battle-with-the-elite dept.
Bloomberg reports that Sony may be considering a new SKU for the PS3 with a larger hard drive. This follows closely on the heels of the announcement of the Xbox 360 Elite and the 120 gig Xbox HD. No other details are provided, in a story primarily about news of increased profits as PS3 sales continue to rise. " Chief Executive Officer Howard Stringer targets an operating profit margin of 5 percent by March 2008, about double the current margin. Tokyo-based Sony confirmed today that it will only sell a more expensive version of its PlayStation 3 game console in North America, a strategy it adopted for the European market to bolster margins. 'Profit margin will probably exceed 5 percent if Sony doesn't lower the price of PlayStation 3,' Hitoshi Kuriyama, an analyst at Merrill Lynch & Co. wrote in a report dated yesterday. He rates the stock a buy. Shares of Sony gained 28 percent this year, compared with a 0.8 percent advance in the Nikkei 225 Stock Average."

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[+] Elite Won't Replace Premium or Core Skus 158 comments
As the day has progressed, more information about the 'Elite' has become available. GamesIndustry.biz is reporting that the other two 360 skus will still be available. The Elite is not replacing either of them. Interestingly, there's no word on a price drop for them either. Major Nelson's most recent podcast has several interviews and details about the new offering, which you may find informative. There's more analysis available, if you find that interesting: CVG wonders aloud who is going to buy this thing, while a Wedbush Morgan analyst mentioned to GamesIndustry.biz that he thinks this validates the PS3 strategy. "'It appears to me that Microsoft sees the writing on the wall - Blu-ray is going to win the format wars ... Ultimately, Microsoft will likely offer a Blu-ray drive with the 360 Elite, and I think consumers will be able to select based solely upon other drivers.' Pachter also believes that although the Xbox 360 Elite will register with early adopters of hi-def content, the current 20GB model will still be sufficient for many consumers."
[+] The Elite's Sour Side 94 comments
Now that the news about Microsoft's Elite has had a chance to set in, there are a few objections being raised by commentators. That 120 gig hard drive (the really expensive one) is going to come pre-loaded with content; all well and good, but the content transfer cable and software is a bit odd. Additionally, there are serious objections being raised over the frustrations of early adopters. Despite the easy dismissal out of hand heard on Major Nelson's Wednesday podcast, it's not as easy for early 360 buyers to roll with the changes. "Current Xbox 360 owners, who can purchase a separate 120-gigabyte hard drive at a cost of $179, appear to be getting a raw deal. Not only are these early adopters stuck with an older model of the console that offers less in the way of high-definition support, but factor in the cost of a current premium Xbox 360 ($399) and the price of the larger hard drive and the figure is close to $600 dollars, far exceeding the Elite's retail price, due to be $479."
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