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293w ago - In an interview today, chief executive of Sony Computer Entertainment of America Jack Tretton said he expects the PS3 price cuts and lineup of popular games due ahead of the Christmas holiday will lift the entire video game industry, following some six months of sales declines.

However, he also noted that higher demand for the PlayStation 3 could leave some retailers out of stock.

To quote: "In a very difficult economy, I couldn't be more optimistic about our fortunes for the rest of the year and for the future," he said.

But he noted that higher demand for the PS3 could leave some retailers out of stock.

"If things continue at this pace, it is conceivable that there will be product shortages," Tretton said.

Sony CEO: PlayStation 3 Stock Shortages Are Possible This Year

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#6 - Radharn - 293w ago
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Quote Originally Posted by silkweed View Post
My thoughts exactly.


I was thinking the exact same thing. But still I'm planning on buying the 250 GB this Dec. Hopefully it's available in Asia by that time.

#5 - wwywong - 293w ago
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Me too. Mainly the low price. Plus bluray is getting popular and less expensive now, plus more ppl having HDTV, plus 5.1, 7.1 audio system is not that expensive now... I would just say the technology (and people) are much more ready then when PS3 was first released.

#4 - jcrobin57 - 293w ago
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The lower price got me to buy one.

#3 - Starlight - 293w ago
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Well it could happen as they sold 1,000,000 units already in just 3 weeks and if it keeps going the way it does it could be a good possibility that they could be short in time for the holidays.

#2 - silkweed - 293w ago
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Quote Originally Posted by GrandpaHomer View Post
Or maybe they just wish for that and hope to create an early buying "panic" by claiming possible stock shortages ... :P

My thoughts exactly.

#1 - GrandpaHomer - 293w ago
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Or maybe they just wish for that and hope to create an early buying "panic" by claiming possible stock shortages ... :P