I had really hoped it would go down to 349. I don't think it will have that big an impact on a lot of people since it would be the same price as an earlier playstation model. I can't see them lowering the price again this year.
A $250 drop? Even if they could, they wouldn't just based on the fact that they could sell a certain amount of PS3s at $500 to some people, more PS3s at $400 some time later, and even more at $350 further on down the line (rather than all those PS3s being sold at $350). I've speculated that they could afford to do a $200 drop on the PS3 this year, but that they would most likely split that drop in two (one for this year, and another around Spring of 2008). Sometimes, I feel as though I should give Sony the benefit of the doubt when it comes to the amount of these price drops. Their previous price cuts on the PSP and PS2 seemed like moves that wouldn't do much of anything ($20-$30 drops), but Sony almost seem like geniuses now given how well they improved sales (IIRC anyway). Of course, the PS3 is a whole other animal...selling well thanks to this price cut means simply selling more than a 100K a month.
Sure, it is possible. But highly unlikely IMO. As I mentioned, the next price cut would probably come around Spring 08 at the soonest IMO. Even if they did do another one this year, it would probably only be $25-$50. If you want a PS3 for cheaper than $500, you better hope that they bring back the 20GB PS3 for $400-$450 basically. Or get one on eBay like I did. Keep in mind that there will be special holiday deals though. 360s were going for $300-$360 last year. Some deals had them for $200 after rebate I think, although I think there was something attached to that. There will probably be some bundles too (involving Blu-ray movies and games I imagine), although some of those are overpriced.
Sorry, i meant 449$. It would have been nice to see them go 50 dollars less than the cheapest model they have released.
On another note, no new content this week on PSN. Disappointing...but we should be getting a lair and heavenly sword demo next week as well as a ton of E3 stuff.
$350 is the sweet spot. But if they lower the price another $100 this year, the early adopters would rightfully feel abused because they paid a high price for almost nothing, especially because of the dearth of early games.
Sure, but reducing the price $200 in one year is too much. Maybe the next $100 comes in the summer of 2008. This is why I never EVER adopt early when it comes to electronic devices. Rarely do people regret waiting but a lot of times people regret buying early.
$300 PS3 is a bit too harsh. I think it's worth twice as much as the Wii.... I can't believe the iPhone will be as much as a PS3. Overrated, but which one....
seems there's been conflicting comments about a price cut...sony is denying it but companies do that. Maybe they will announce it at E3, either way its a bandaid on a broken leg. I still see no legit reason to buy a ps3 (as a gaming console) until 2008.
Target is selling it for 500 at some stores. You can also get 5 blu-ray movies from it. http://www.bluraysavings.com/
The price probably won't go any lower because as other have said, the PS3 is worth as twice as much as the Wii based on the Blu-Ray capability, HD, and graphics power. I think the next big price cut will come when Nintendo cuts the Wii's price, but I really don't seen that happening anytime soon.
http://www.usatoday.com/tech/gaming/2007-07-09-playstation-price_N.htm PlayStation 3 price cut by $100 By Mike Snider, USA TODAY Looking to jump-start sales of its PlayStation 3 game system, Sony (SNE) has cut the price by $100, to $499, and plans to introduce a $599 package with a larger (80-gigabyte vs. 60-GB) hard drive and one game next month. Most analysts were surprised at the price cut's timing and size. "We would have figured $50 by Christmas and $100 by next spring," says Richard Doherty of research firm The Envisioneering Group. Sony CEO: 'We're doing just fine, thank you' Sony's aggressive move should increase interest in its state-of-the-art PS3, which plays high-definition games and movies, he says. Crowds lined up for the PS3 in November, but sales slowed after the holidays as the underdog $250 Nintendo Wii grabbed the spotlight. By the end of May, Nintendo sold 2.8 million Wiis, while Sony sold 1.36 million PS3s in the USA, according to sales tracker The NPD Group. Nonetheless, with nearly 4 million PS3s shipped worldwide, Sony has reduced manufacturing costs enough to "take those efficiencies and pass them on to the consumer," says Jack Tretton, CEO of Sony Computer Entertainment America. He acknowledges that the steep price, limited early shipments and technical glitches made the launch less successful than Sony hoped. "We have paid the price in the short term, hopefully for long-term success," he says. "This latest price move is an attempt to try to bridge that gap between what the average consumer can afford and what we, quite frankly, can afford to charge." At Wedbush Morgan Securities, analyst Michael Pachter doesn't think the price will catapult the PS3 into the lead, though he expects sales to increase by 50% or more. Wii's lead won't fade "until Sony gets the price to $299 or lower," he says. "I don't think people believe consoles are worth that." Sony's price cut adds to the industry's attention going into this week's gathering at the E3 Media and Business Summit in Santa Monica, Calif. Last week, Microsoft announced it would extend its Xbox 360 warranty because of unacceptable failure rates, a move that will cost more than $1 billion. Microsoft (MSFT) has sold about 5.4 million Xbox 360s in the USA since bringing it to market 1½ years ago. The company claims to have solved the problems, Doherty says, but still, "The Xbox 360 just got a lot hazier." Microsoft's troubles, he says, "have got to help Sony and Nintendo in the coming months." Had Sony known of Microsoft's announcement, Doherty says, "they might have reconsidered" the price cut.
The PS3 is only "worth" what people will pay for it and right now, it isn't worth $599 to most people. Even in Japan, it was outsold 6-1 by the Wii in June. Right now, people aren't willing to pay a huge premium for Blu-Ray, HD and graphics power. Sony hopes that will change in the future. Clearly Nintendo won't lower the price of the Wii until the scarcity goes away. They have no incentive to stimulate more sales while they cannot meet demand at $250.
I don't think the pricecut was needed so soon, but it should boost sales, especially around the holidays.... Not to derail, but I don't think the 360 will be dropping anytime soon, IMHO, according to this... Microsoft to Spend $1.15 Billion for Xbox Repairs Now, I wouldn't be surprised if the PS3 approached those type of numbers as my PS3 has been replaced twice... btw, Fry's in Dallas has about 10 - 12 Blu-Ray movies for $12.50...I picked up 10 (Black Hawk Down, Big Fish, etc.)...
