Way to read the article
Second, how does he know the video-game market better than people that work in it directly?
So you're throwing out hours of analysis by professionals in international positions based on the fact that...people are sometimes wrong. I guess nobody can ever say anything about anything and have you believe it. Remeber the middle ages? Scientists had great things to say about the flat earth. I guess because they were wrong we can't trust a thing that thar NASA says.
You go on to counter a professional analysis with vauge statements and completely baseless and unsupported conjecture. You sir, are a fool.
I am not saying that the PS3 is a failure and I am not saying that the PS3 will win. What I am saying is that everything you posted is grade A crap
Second, saying "Microsoft could just as easily drop the price on the 360" is speculation and skewing the argument. Microsoft has never said they are lowering the price on the 360, so there's not even a POSSIBLE fact to support that idea. The fact that Sony is dropping the price on the PS3 is already confirmed and apparent.
Third, I don't care how much you justify his claims using his career or the fact that Bank of America handles investments every day, the bottom line is, they don't spend every waking moment on the Next-Gen Video-game system market, or they'd be very bad investment analysts to begin with. They analyze a wide market. I'm sure you could ask him about the status of Toyota not having a sports compact car in the $15-30 market to compete with the 350Z, Dodge Neon SRT-4 or Nissan Spec V and he'd have an answer based on loosely obtained facts and speculation.
It's his job to analyze a wide scope of the market so if people want to invest in one field or another, he at least knows enough to seem knowledgeable on the issue.
The fact is, his career isn't enveloped by video-games, so stop fishing for reasons to say the 360 is killing the PS3, because the fact that I know 10 people personally that have went out and bought a PS3, the same amount that have bought 360's that I know, leads me to believe it's NOT dying or dead.
The 360 has been out a year over the PS3. There's no speculation or spinning that fact, so if the PS3 is at about 1/3 or 1/4 of the sales of the PS3, how do you figure it's dead when it hasn't had the time the 360 has had to cycle through seasons and net sales? We're barely going to hit the PS3's first summer and you're already believing Bank of America's BMW driving security analyst on whether the PS3 is dead or not?
Get a clue dude.
The PS2 outsold the 360 even after the 360 surfaced. The sales of the 360 compared to the PS2 were abysmal at best and people claimed the heat issues, loudness, bulkiness of the 360 and lack of titles meant it was just a cheap shot by Microsoft to get market share before the PS3 came out. Security analysts just like him said that about a year ago. Then Gears of War came out and suddenly they all shut up.
Markets fluctuate. If you knew at least a LITTLE bit about the economy and technology market, you'd know that.