Pachter says Sony is “ripping off the consumer” with PSP Go price

By Stephany Nunneley

Loads of things have already been said across the internet about the price point for PSP Go, but Michael Pachter has been virtually silent – sort of.

During a recent taping of Bonus Round with Geoff Keighley, this is what the Wedbush Morgan analyst had to say on the matter:

“$249 is too much, period,” he said. “The [current] $169 PSP-3000 is a profitable device – the disc assembly, for a UMD, costs more than 16 gigs of flash does. So this new device doesn’t cost them as much to make as the PSP-3000 and they jack the price up $80.

“I’m sorry to say it. I don’t want to get bad fan mail from the Sony fanboys, but… They’re ripping off the consumer until they sell a couple million and if consumers don’t buy it then the price is going to come down… they’re making a lot more money on the PSP Go than the PSP-3000. And the PSP Go helps them because there’s no piracy.”

Watch for yourself.

Thanks, GamePolitics.