Warner decision will boost PS3's success, says analyst
- Posted January 10th, 2008 at 05:57 EDT by Mike Harradence
- 3,564 views
- 24 Comments
Janco Partners analyst Mike Hickey has said that Time Warner’s recent decision to support Sony’s Blu-ray format will ultimately facilitate the success of the PlayStation 3 at retail.
As reported by website CVG, Hickey stated this week, "We expect Sony's PS3 product will benefit from an eventual consumer and retail awakening of Blu-ray as the winning high definition format."
If Blu-ray can win the current format war, the true value of the PS3 can be unlocked, and will likely lead to an acceleration of PS3 sales."
Furthermore, renowned Wedbush Morgan analyst, Michael Pachter, echoed similar comments, suggesting that the PS3’s capabilities as a Blu-ray player will prove instrumental in its success, as was the case with its predecessor, the PlayStation 2, and its ability to play DVDs.
"The difference this time is that you can't enjoy the full experience unless you have a 1080p TV, and we are still below 10 percent penetration," observed Pachter.
"I think as overall HDTV penetration crosses 50 percent of households (probably late this year), Blu-ray will become more relevant, and PS3 will have an advantage," he added.
Source: CVG
Comments
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gorillanuts
- 6:08am GMT - January 10th, 2008
- 1
Of course it will give a boost. Great for us. Advantage PS3, SCORE!
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mustang750r |
MUSTANG750R- 6:25am GMT - January 10th, 2008
- 2
psn id MUSTANG750R .... gorillanuts you took the words out of my mouth. PS3 and BLU-RAY for the win!!
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incredibilistic
- 9:14am GMT - January 10th, 2008
- 5
I've yet to have the $$$ needed to invest in an HDTV but I hope to have one before the year is out.
I bought the PS3 with several things in mind; one of them being the high-def experience I knew the PS3 would deliver with a format I knew would win.
When you have Disney and Apple on your team it's hard to imagine the format losing. Warner's decision only proves the theory. I'm not right that often (who am I kidding, I probably average 5% correctness on most things) but oh how sweet it is to be right about this.
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kidkotic2001 |
hotshot2001- 10:10am GMT - January 10th, 2008
- 8
yEAHHHHHHHHH THATS WHAT IM TALKING ABOUT SONY AND PS3= CHAAAAACHIINNNG FOR SONY AND BLURAY COMPANY OWNERS, AND GOOD GAMES FOR US
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Sniperwithacause |
Sniperwithacause- 11:24am GMT - January 10th, 2008
- 11
and again, Take it to the Bank!
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Dmanishigh
- 12:26pm GMT - January 10th, 2008
- 15
A dvd played in my PS3 looks alot better than in my 360 and I have the hd-dvd add on drive but the 360 so loud it ruins the movie unless you crank up the sound. The PS3 is quiet and a better overall system for playing games and watching movies because its alot quieter.
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D3v1lwqer23
- 1:01pm GMT - January 10th, 2008
- 16
I seriously dont think I needed an analyst to tell me this. Anyway, once the BD standalones drop in price...I will be picking one up.
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thegame97338 |
G_PIG79- 1:57pm GMT - January 10th, 2008
- 17
I'm glad I was one of the supporters of Blu-Ray, and not one of those who was waiting for a winner, I am very Blu....
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Bedsidelee
- 4:14pm GMT - January 10th, 2008
- 19
No way will it boast sales when the ps3 is not a proper blu-ray player it doesn't have the proper audio codec for a blu-ray player.
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Bedsidelee
- 4:14pm GMT - January 10th, 2008
- 20
No way will it boast sales when the ps3 is not a proper blu-ray player it doesn't have the proper audio codec for a blu-ray player.
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Dmanishigh
- 6:39pm GMT - January 10th, 2008
- 21
man the PS3 will do for Blu-ray what PS2 did for dvd which is make it the best format out there.
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InfernoReaper |
GrimDarkling- 2:50am GMT - January 11th, 2008
- 23
I have yet to get the money for an HDTV, but I will not settle for anything less than 1080p when the time comes. I recommend 1080p to everyone I know.
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