Why is that? Purely due to economic factors. While in other countries the price has gone up less than 50% to the ps2, the ps3($500) has gone up in price from the original ps2($300) by 66%. Oil prices and and cost of living has dramatically increased. So unless you have been savin for quite a while for the ps3, taking a huge chunk of money out of your income is just plain unjustifiable for most people. And in a recent study HDTV adoption is still a high income earner item.
And what about the fact that it earnings per hour has actually decreased since the bush administration with the decreasing minimum wage?
http://www.washingtonpost.com/ac2/wp-dyn/A37628-2004Dec30?language=printer
It all adds up to one thing, justification of a $500 console is much harder than it was 5 years ago, it is definately more of a luxury item than the ps2 was.
And before you say anything. $500 ps3 is not the tard pack.
http://www.mediaweek.com/mw/news/recent_display.jsp?vnu_content_id=1003314428"Even with the price of HD sets decreasing, we see that growth of HD is being driven by those who can most afford to buy one, which in an increasing number of instances includes households with more than one HDTV set," said Bruce Leichtman, president and principal analyst for Leichman Rsearch Group.
And what about the fact that it earnings per hour has actually decreased since the bush administration with the decreasing minimum wage?
http://www.washingtonpost.com/ac2/wp-dyn/A37628-2004Dec30?language=printer
It all adds up to one thing, justification of a $500 console is much harder than it was 5 years ago, it is definately more of a luxury item than the ps2 was.
And before you say anything. $500 ps3 is not the tard pack.