Sony’s PS Vita roars back to life
Sony’s (SNE) PlayStation Vita, a powerful but pricey portable console, had an awful year in 2012. In its home market, the Vita has often dipped below 10,000 units per week, getting outsold by as much as 10-to-1 by Nintendo’s (NTDOY) 3DS. In the week of March 3rd, Sony finally bit the bullet and cut the price of the Vita under 20,000 yen, or about $215. That sliced just 20% off from the Wi-Fi version launch price. Nevertheless, the sales of the Vita rocketed from 11,000 units to 62,000 units. This in itself wasn’t a sign that Vita has a future; price cuts often give doomed devices a short sales spike. But in the week of March 10th, something fairly magical happened:
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