Thursday, March 24, 2005

An IPO - Ticker symbol PSP

Well, believe it or not I took today off from work so I could get my hands on a Sony PSP. The demand for this item reminds me of a hot IPO. Sony could have priced this gadget much higher and people would still have gobbled it up. I got mines at a Best Buy and they actually have good deals on the games($5.00 off each game and if you purchase two games, you get an additional $10 Best Buy Gift card). This beats all the other price gouging PSP packages out there.

I really believe the PSP has the potential to be a category killer. Sony makes little if anything on the actual PSP device. The money maker is in the software and movies. They get a bit of the action on every game and movie sold. A high tech razor blade business. I'm actually considering making a small investment in Sony. Will do a bit more research...


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