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January 31st, 2011, 22:21 GMT · By

Sony's NGP (PSP2) to Cost $250, Will Sell Incredibly Well, Analyst Says

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The Next Generation Portable costs $250, Pachter says
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Webdush Securities analyst Michael Pachter shared his insight on Sony's Next Generation Portable device (aka the PSP2) and what price it might have when it eventually hits the market.

Barely have details about Sony's Next Generation Portable appear, and people are already speculating about features that the Japanese company declined to comment on, specifically the price the new PlayStation Portable platform will have at launch.

Sony confessed that it was still examining the market and would try to price the console with the consumer in mind.

Pachter believes that the correct price tag for the NGP is about $250, the same as the Nintendo 3DS, another high end portable console, that will be launched in March.

Talking with IndustryGamers, Pachter shared his thoughts on the Next Generation Portable.

"It’s a pretty impressive device, the screen is relatively expensive, and the features set suggests to me that we’ll see something in the $249/€249/£199 range. There is a lot to like, and Sony has a huge library of content. The device looks pretty powerful, so I wouldn’t be surprised to see some pretty sophisticated games," Pachter said.

In terms of sales, Pachter isn't all that confident in the NGP, at least in the long term, but he thinks that, at least in the first year, the Next Generation Portable will impress.

"I suppose it will sell incredibly well for the first year (would bet 15 million or so), and then it will succeed or slow based upon the availability of software, much like the original PSP. I think it’s a huge step up on the PSP, and think that the memory card-based games (a la DS) make a lot of sense," he said.

While the original PlayStation Portable seemed set to dominate mobile gaming when it was first introduced back in 2005, things didn't turn out so well, especially due to poor support from third party game developers.

The PSP Go wanted to relaunch the platform, but due to the fact that it relied only on digital downloads to get games, failed to generate sales.

Now, it seems Sony has learned its lesson, and wants to make the Next Generation Portable a real game changer. 

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READER COMMENTS:


Comment #1 by: truthaboutsonypsp on 07 Feb 2011, 15:44 UTC reply to this comment

"While the original PlayStation Portable seemed set to dominate mobile gaming when it was first introduced back in 2005, things didn't turn out so well, especially due to poor support from third party game developers."
That is the way SONY designed it to be. They want to be your only source for games! SONY treats all it customers like piracy criminals.

Comment #1.1 by: nedty on 22 Mar 2011, 17:22 GMT

not true they have realeased a lot of good devices the psp is a good device i luv it and the psp go and i will definatly luv the ngp and i dont feel like a piracy criminal

Comment #1.2 by: dman427 on 21 May 2011, 02:15 GMT

What's wrong with them wanting to be the only game souurce. I bet if you had a big company like Sony, you'd be trying to do the same thing. Just give them a break


Comment #2 by: Lunias on 18 Mar 2011, 02:46 UTC reply to this comment

Many people are saying good things about the price: besides Sony saying it will be below $600 and "affordable", Gamestop "leaked" a pre-order price of $300, while Ubisoft participated in a survey saying the non-3G version will be $250. If the price is nailed and some great games are set for release, then it will do well, regardless of 3DS sales. If a system is perfect, then people will find ways to get enough money to buy it, as long as it's below $400.


Comment #3 by: broyles66 on 26 Mar 2011, 22:00 UTC reply to this comment

i think this is a great step in handheld history i love it


Comment #4 by: dman427 on 21 May 2011, 02:13 UTC reply to this comment

I think that's a fair price for the psp ngp considering everything that's on it


Comment #5 by: sjkdu on 21 Jul 2011, 01:39 UTC reply to this comment

ok i didnt read the story but is it for sure going to cost 250?

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