PSP isn't 'a disaster business', says analyst
The handheld is actually only six months behind adoption curve of Game Boy Advance
An analyst moderating a roundtable discussion at the sixth annual Wedbush Morgan Securities Management Access Conference – a discussion that included Sony of America's senior marketing manager John Koller – took the opportunity to addressed the generally held notion that PSP is a "terrible device that no-one owns and is a disaster business."
"If you go look at sell-through… and I have North America numbers… If you look at sell-through for PSP, at a much higher price point, it is about six months behind the adoption curve of the Game Boy Advance which averaged about USD 80 cheaper," said Michael Pachter of Wedbush Morgan Securities.
"That's not the DS, but the original Game Boy Advance – the Game Boy Advance that had no competition. So, people 'dis' the PSP, but the business is a pretty solid business," Pachter concluded.
