An article on CNN by Silicon Valley Analyst Eric Krangel asserts that the PS3 is "flopping" in terms of sales because its too expensive, doesn't have any must-have titles exclusive to the console, and not enough people care about Blu-Ray. According to recent NPD Group stats the PS3 is the only console with sales that are down from last year.
Not only that but he ends the article with a dart:
"Tell yourself the PS3 has superior graphics if it makes you feel better, but a $400 console with a mediocre game library simply cannot compete against an Xbox 360 priced at $200 in this economy."
Ouch. You can read the full article here.
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