Pachter apologizes for comments about PSP Go's rip-off price
by Alexander Sliwinski 
on Jun 12th 2009 12:45PM
Michael Pachter has stated he "sincerely" regrets commenting that Sony is
ripping off consumers with the PSP Go's $250 price point. In an interview with
IndustryGamers, Pachter takes the opportunity at the end to say that he doesn't believe Sony is doing anything nefarious and has "the right to price its products at a point that they think is competitive." He states the company is pricing the handheld to be competitive with the iPod Touch and that the PSP Go "arguably has much more value than the Apple product."
Hmm, as much as we respect Present Pachter's opinion, Past Pachter was a little more on the ball with the consumer's perspective of the PSP Go's pricing. Past Pachter noted, "The $169 PSP-3000 is a profitable device -- the disc assembly, for a UMD, costs more than 16 gigs of flash does. So this new device doesn't cost them as much as the PSP-3000 and they jack the price up $80?" It seems Past Pachter was viewing the product through
consumer eyes, while Present Pachter is in business mode and wearing the glasses of the
Wedbush Morgan analyst Michael Pachter.
