Word: analysts
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...Xbox 360 costs $300 for a basic version and $400 for one with a hard drive; the Nintendo Wii console costs $250.) Throw in a few PS3 games, at $60 a pop, and you're out $900--a sum that may scare off consumers. And PS3 already frightens stock analysts. "We do not believe the machine provides incentives for buyers to buy a new machine ... except some game maniacs," Merrill Lynch analyst Hitoshi Kuriyama wrote in a recent report...
Ironically, analysts who once criticized Sony for falling behind the technological curve are faulting it for being too advanced with the PS3. Blu-ray discs can show game graphics and movies in gorgeous detail, for instance, but few households currently have TVs that can display the full resolution of the format. That will change as prices for those TV sets decline. But consumers may also be reluctant to invest in the PS3 given that Sony and Toshiba are waging a format war over next-generation DVDs--no one wants to be saddled with another Betamax. "A lot of the technology...
...where many of the candidates they elected stood on the issues. Democrats told voters far more about what they were against - the Republicans who run Washington - than what they were for. "This is a campaign that was run explicitly to be devoid of issues," says Amy Walter, an analyst with the non-partisan Cook Political Report. "They never had to outline their own positions on the issues, which makes it very hard to know exactly where these folks are coming from...
...replaced by the head of Audi, Martin Winterkorn, 59, a Piëch loyalist. VW's financial prospects have brightened in recent months, and investors and industry officials fretted that Pischetrieder's exit could jeopardize the restructuring. "We see it as negative for VW," reckoned Credit Suisse analyst Harald Hendrikse. At France's Peugeot Citroën, Europe's second largest carmaker, Christian Streiff was appointed to succeed Jean-Martin Folz, 59, after he failed to reverse slumping sales. Streiff, 52, who has a reputation as a tough cost cutter, recently resigned as head of Airbus after just three months...
...American approach modeled on Haiti could be Digicel's downfall, says Yankee Group analyst Wally Swain. The U.S. is a viciously competitive market filled with deep-pocketed, giant competitors. "All they've faced before are sleepy incumbents," Swain says. "The U.S. is a different animal. They should stick with what they do well...