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Tiny PlayStation plays hard to get

Tiny PlayStation plays hard to get. By Adam Graham / The Detroit News. http://www.detnews.com/2005/technology/0503/23/A01-126132.htm. New Item. It doesn't take ESP to figure out the PSP is going to be B-I-G.

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Tiny PlayStation plays hard to get

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  1. Tiny PlayStation plays hard to get By Adam Graham / The Detroit News http://www.detnews.com/2005/technology/0503/23/A01-126132.htm

  2. New Item • It doesn't take ESP to figure out the PSP is going to be B-I-G. • Sony's new PlayStation Portable -- the cool kids call it PSP -- goes on sale tonight at midnight at many Metro Detroit video game retailers. • But don't just show up hoping to snag one. Most of Sony's first run of 1 million units is already accounted for through pre-orders, and the machines are expected to be in scarce supply for a number of weeks. • Sniff around and you may find one, but here's a gauge as to how hot they are: Some retailers are already taking pre-orders on the second shipment of PSPs, for which Sony hasn't promised a release date. • The shiny, sleek handheld device plays video games, MP3s and movies -- initial units come packaged with a copy of "Spider-Man 2" -- and experts say it will not only end Nintendo's dominance of the handheld market, but also revolutionize the industry.

  3. Redefine Gaming? • "The PSP totally redefines gaming, period," says Paul Koulogeorge, vice president of marketing for video game retailer EB Games, noting its superior graphics quality, buzzworthy add-on features and sexy design. "It's a milestone in the industry. It takes video games to a whole new level." • Everything about the PSP tells Michael Ames, 16, of Royal Oak he needs to have one. Everything, that is, except for the price. • At $250, "it's a little expensive," he says.

  4. The Economics – A Monopoly? Price D • Market for PSPs. • It would seem that there’s a big profit. • $250 seems like a lot of money. 250 Profit AC MC MR 1,000,000 Quantity

  5. … or a Competitor? Price S D • Market for OTHER games. Dnew • Is the new PSP a substitute for other games? • Are they a substitute for the new PSP? Po P1 Quantity Q1 Qo

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