Wii may have “superior business model,” says Stringer

By Patrick Garratt

Speaking to Die Welt, Sony boss Howard Stringer has admitted that Nintendo’s wacky idea of actually making money on hardware may be “superior” to the opposite.

“The major difference lies in the fact that Nintendo makes money with the hardware alone, which may be a superior business model,” he said.

“But the Wii is not succeeding at our expense – it is not hurting us. We decided years ago to build a game console that offers much greater functionality. The Playstation 3 has an enormous processor; it is gradually emerging as the central server in our users’ homes.”

There’s tons more through there. Must-read.