What were the guys over at Sony thinking when they predicted that they would sell one million of their new PlayStation Portables (PSP) in the first week after the introduction in the US? The company revealed that they sold about 600,000.
The notion that these are mostly "hype" sales to gadget hunters with too much money to spend is underlined by the fact that in first two days the company sold 500,000 units and sales quickly dwindled in the following days.
In its first week the PSP outsold the Nintendo DS, its main competitor that was introduced last year December. Nintendo cleverly made its introduction coincide with the holiday shopping season, so all the more respect for Sony's achievement. If only there wouldn't have been this overzealous manager claiming that he would rule the world.
Success or failure is relative to the expectations that are set. Sony's PSP could have made slash, but instead decided to ruin its own party.
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