Word: retailing
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...retail, Sony may soon find itself in a price war with Microsoft. Given its year head start, Microsoft could afford to cut prices on the 360 by up to $100 this spring. Xbox Live, the online service, has proved popular with gamers--and Microsoft recently announced HD movie and TV-show downloads for it, a possible killer app. Sony has similar aspirations for its online offering, which is getting a major upgrade with the PS3, though for now it's playing catch...
...Resistance isn't enough to drive sales of a $600 console, or it shouldn't be. Playstation 3 doesn't have a battle-tested, feature-rich online service the way the Xbox does. It doubles as a Blu-ray player (that's the main reason for the high retail price), but guess what? Nobody cares. And did I mention Playstation 3 controllers don't rumble? Whose genius idea was that? Without rumble, it just ain't a jungle...
...Vietnamese law now protects its state-dominated insurers by banning foreign insurance companies from selling to individuals, but that will change under the WTO. The stakes are high: less than 5% of Vietnamese people now have bank accounts or insurance, so the potential market is enormous. In the retail sector, dominant state-owned companies and small-shop owners alike are certain to feel the pinch as foreign chains launch offensives. "It's going to change very quickly," Pincus says. "Big supermarkets, big restaurant chains, big auto-repair shops will come in and offer better service?and customers will flock...
...retail, Sony may soon find itself in a price war with Microsoft. Given its year head start, Microsoft could afford to cut prices on the 360 by up to $100 this spring. Xbox Live, the online service, has proved popular with gamers-and Microsoft could be close to announcing movie downloads for it, a possible killer app. Sony has similar aspirations for its online offering, which is getting a major upgrade with the PS3, though for now it's playing catch...
...Xbox console, nor will the video downloads be accessible to PCs, even if your Xbox 360 is networked to your PC to share other video content. Microsoft also confirmed that the purchases will not be compatible with its upcoming Zune media player, which will have its own Internet-based retail service for music downloads...