PS3 MAY BE reduced by $100 "later this year" [Archive]

SpeedLimit

03-20-2007, 11:04 AM

http://money.cnn.com/2007/03/20/technology/personaltech/playstation/index.htm?postversion=2007032009

http://news.com.com/2061-10797_3-6155119.html

http://news.com.com/Is+Sony+eating+hundreds+of+dollars+on+each+PS3/2100-1043_3-6136204.html
Looks like Sony is losing money making the PS3.

george2gfm

03-20-2007, 11:08 AM

http://money.cnn.com/2007/03/20/technology/personaltech/playstation/index.htm?postversion=2007032009

Sounds like WII is kicking their butts :rofl2:

they aren't even comparable systems....

RockOut25

03-20-2007, 11:12 AM

price cut = good news for consumers and sony

dble00dumb

03-20-2007, 11:15 AM

they aren't even comparable systems....

relax... it's not a competition. not a close one anyhow! :shake:

Daminion

03-20-2007, 11:16 AM

price cut = good news for consumers and sony

long term, yes.

Short term, no. Especially since many consumers will wait for the price drop before purchasing. No reason not to wait since there aren't very many good games out anyway.

trulyrough

03-20-2007, 11:16 AM

Repost. (http://forums.slickdeals.net/showthread.php?sduid=67184&t=476004)

SpeedLimit

03-20-2007, 11:18 AM

they aren't even comparable systems....

Really ?????

Read this...

"Yuji Fujimori wrote in a note Tuesday that lowering the cost of the game console, which competes with Microsoft's (Charts) XBox 360 and Nintendo's (Charts) Wii, will not undermine the unit's long-term profitability."

ssjmichael

03-20-2007, 11:23 AM

Really ?????

Read this...

"Yuji Fujimori wrote in a note Tuesday that lowering the cost of the game console, which competes with Microsoft's (Charts) XBox 360 and Nintendo's (Charts) Wii, will not undermine the unit's long-term profitability."

What is Yuji Fujimori your God or something? He gave a shit analysis and now you're taking whatever he says as truth.

SpeedLimit

03-20-2007, 11:27 AM

What is Yuji Fujimori your God or something? He gave a shit analysis and now you're taking whatever he says as truth.

Jeez what was I thinking ??? Of couse the posters in this thread are more knowledgeable than the goldman sachs analysts.

:vomit:

ssjmichael

03-20-2007, 11:37 AM

Jeez what was I thinking ??? Of couse the posters in this thread are more knowledgeable than the goldman sachs analysts.

:vomit:

Who's more knowledgeable. head Sony execs saying the price drop won't be as quick as that for the PS2 or some analyst predicting a 100 drop simply because he sees they can do so and still be profitable in the future?

maestro

03-20-2007, 11:55 AM

ermm.. I already bought PS3 at $150 price drop using TRU AMEX Wishlist cert. Bought 2 Wii & 2 PS3 using the cert. Sold the PS3 & Wiis so my PS3 was almost FREE.

david328ci

03-20-2007, 12:17 PM

Wii is kicking butt. Xbox 360 already has an established customer base and is the forerunner for Hi-def gaming. PS3 on the other hand seems to be having a hard time with a lack of games and console sales. A $100 price deduction could help PS3, but then again it still comes to down to the games available for the console. Personally for me $100 deduction in price is not enough to entice me to buy a PS3 because there aren't any games I really want to pay on it.

ssjmichael

03-20-2007, 12:18 PM

cawgijoe

03-21-2007, 06:29 AM

they aren't even comparable systems....

I'll have to agree on this one.

We own a Wii and it's being used on an old 27" Sony XBR TV....non-hidef. The kids love it and are having a blast.

You really need a hi-def TV to get the full benefit from the PS3.

I would venture to say that most folks don't buy a PS3 unless they own an HDTV. Alot of folks buy the Wii even if they don't own an HDTV.

So, they really are not comparable systems, but the anlaysts are looking at it all in a simpler way.....three systems....who is selling the most......

cawgijoe

03-21-2007, 06:31 AM

ilovePRON

03-21-2007, 07:21 AM

i would probably buy one if it dropped 100 dollars, but i still think i would get a wii first since i have a 360... so who knows. I guess it all depends on the outcome of blu-ray vs hd-dvd

david328ci

03-21-2007, 09:40 AM

Why the thumbs down? Sounds like some Sony fanboys are upset that their invest since the launch was a waste. Face it the PS3 is not worth the current price. It may be down the road when there are more games and the cost of PS3 gets closer to the price of the Xbox and Wii.

valkyriex

03-21-2007, 09:44 AM

$500 is reasonable. I would buy it just as a standalone blu-ray player. I've been looking to get a blu-ray player anyway and they're all like $700 and up. So if I can get one for $500 it's a bargain. The gaming feature would just be a bonus on the side.

joopu70

03-21-2007, 10:12 AM

I payed 43$ for mine from nuitech so im happy.

jisc0

03-21-2007, 10:15 AM

H00t

03-21-2007, 10:20 AM

I think this thread is thumbs downed because it makes this price drop out as if it is some sort of fact when it is still speculation. Notice the referenced article carefully uses the word "may". Then, of course, the original poster proceeds to deride this move as if it is something negative when it is not. How is a price drop bad for consumers? And we are all consumers, aren't we? ...though some here seem so brainwashed that they forget that bit of administrivia, arguing for smaller games at the same prices, extra costs for online play, and other such things that run counter to consumer benefit. Weird.

ih8cats

03-21-2007, 10:24 AM

how did u do that?

H00t

03-21-2007, 10:28 AM

H00t

03-21-2007, 10:32 AM

how did u do that?

Nuitech is one of those sites where they send you items (like iPods, Macbooks or, in this case, a PS3) if you complete a required number of offers. I hate those things, but those "free iPod" spammings did wonders for iPod's initial marketshare.

ssjmichael

03-21-2007, 10:40 AM

I think Sony needs this pricecut if they are going to stop shipping the 20GB PS3's. I've been looking for one of them to use as a second unit (I was going to manually upgrade the 20GB hard drive on it to 250GB), but Sony, despite their claims otherwise, seem to have stopped shipping the 20GB units. I can't find them at Target, Best Buy, Amazon, etc. Of course, I'm not going to object to the 60GB unit with the added wireless networking for the same price, if that's where they want to go with it.

Discontinuing the 20GB is a good thing for Sony. They lose more on that console than the 60GB. Also if you actually read the claims throughly the decision isn't really up to Sony on whether those stores have one, it's up the retailers.

H00t

03-21-2007, 10:45 AM

Yup, that's the claim but Sony hasn't released a 20GB unit to Europe and doesn't look like it's going to, so I figure Sony does have something to do with the 20GB's being MIA everywhere.

valkyriex

03-21-2007, 12:01 PM

Sony needs the pricecut now and not in the future. 360 and Wii will only pull even more ahead especially with the inevitable pricedrop on both of them.(or at least the 360, wii seems to be unstoppable at this point)

Well, the new 360 is going to be $480. So no price drop there. The existing models now are just going to be slowly phased out once the new XBox comes out. Obvously the 360 is ahead now since they had a one year head start. But how did it do in its first four months of release in the US? The 360 sold 1,117,000 units in its first 4 months. The PS3 has sold 1,160,000 units. They're on the same pace.

ilovePRON

03-21-2007, 02:07 PM

Well, the new 360 is going to be $480. So no price drop there. The existing models now are just going to be slowly phased out once the new XBox comes out. Obvously the 360 is ahead now since they had a one year head start. But how did it do in its first four months of release in the US? The 360 sold 1,117,000 units in its first 4 months. The PS3 has sold 1,160,000 units. They're on the same pace.

not trying to sound like a fanboy, but the 360 was sold out of every store for its first 4 months, just like the wii is now. ps3 may have sold 1.16 m but theyre not selling out the same way the 360 did or the wii is.

also, i would gladly pay that for the new 360 if it does have hdmi and a 120 gig hd like its supposed to.

RockOut25

03-21-2007, 02:17 PM

not trying to sound like a fanboy, but the 360 was sold out of every store for its first 4 months, just like the wii is now. ps3 may have sold 1.16 m but theyre not selling out the same way the 360 did or the wii is.

also, i would gladly pay that for the new 360 if it does have hdmi and a 120 gig hd like its supposed to.

what a poor argument. M$ couldn't even put them out on the shelves, so you say "great job M$"? I'm confused by your logic. It's not like the 360 demand was anywhere close to that of the Wii, it was artificial.

After the PS3 launches in Europe, compare the numbers after the time being out for the PS3 vs. 360. PS3 will have SOLD ~3.3 million by the end of march.

jisc0

03-21-2007, 02:50 PM

what a poor argument. M$ couldn't even put them out on the shelves, so you say "great job M$"? I'm confused by your logic. It's not like the 360 demand was anywhere close to that of the Wii, it was artificial.

After the PS3 launches in Europe, compare the numbers after the time being out for the PS3 vs. 360. PS3 will have SOLD ~3.3 million by the end of march.

the problem with PS3 is that they need to outsell 360 now by a significant margin. Just imagine when the huge blockbuster come out on 360 later. PS3 may find itself left in the dust.

Xcessive

03-21-2007, 03:02 PM

Just because some idiot THINKS PS3 will have a $100 price drop does NOT make it true.

Dingiman

03-21-2007, 03:05 PM

the problem with PS3 is that they need to outsell 360 now by a significant margin. Just imagine when the huge blockbuster come out on 360 later. PS3 may find itself left in the dust.

Yeah, but on the other side of things, just imagine when the huge blockbuster comes out on PS3. I'm system neutral (I don't even own any of them) but it's hard for me to judge the PS3 before we've had a chance to see what it can do. Right now I just see a hybernating system waiting for some games. Once a steady stream of games comes out, then we'll see if it's a failure or success. I remember around the same time last year the 360 had very few desirable games.

And M$ had tons of hardware issues and mfg problems that contributed to the shortage when the 360 first came out.

valkyriex

03-21-2007, 03:34 PM

Just because some idiot THINKS PS3 will have a $100 price drop does NOT make it true.

If it was you who made that claim, then yes that would be an idiotic statement. Business analysts are supposed to read and predict the market. That's their JOB. They're not always right, but at least their speculations are made after much research and conversing with relevant personnels on the inside. If you can get a job at Goldman Sachs, you're not an idiot. A company like Goldman Sachs is not going to let some noob publish claims that don't come from solid sources. Otherwise they wouldn't be Goldman Sachs.

watersedge1234

03-22-2007, 09:47 AM

not trying to sound like a fanboy, but the 360 was sold out of every store for its first 4 months, just like the wii is now. ps3 may have sold 1.16 m but theyre not selling out the same way the 360 did or the wii is.

also, i would gladly pay that for the new 360 if it does have hdmi and a 120 gig hd like its supposed to.

You must also realize that the 360 was the first HD system to hit the market and nothing *at the time* could touch it. It was not that it was better or worse than the PS3...it just didnt have the competition at the time.

SpeedLimit

03-22-2007, 10:20 AM

Sounds like there r a lotta cry baby's.

Oohh My dear system is getting a price cut. I spent $1000 on ebay for that same one. :crying:
Oohh My dear system is not making much sales. :crying:

I say this price cut will be good for PS3 if they want to retake market from xbox and wii. Still i doubt it will make that much of a buzz.

Xcessive

03-22-2007, 10:24 AM

If it was you who made that claim, then yes that would be an idiotic statement. Business analysts are supposed to read and predict the market. That's their JOB. They're not always right, but at least their speculations are made after much research and conversing with relevant personnels on the inside. If you can get a job at Goldman Sachs, you're not an idiot. A company like Goldman Sachs is not going to let some noob publish claims that don't come from solid sources. Otherwise they wouldn't be Goldman Sachs.

I can see how you would say that, but it doesn't make any sense for Sony to lower the price. Between them already eating a lot of money per console, and now with the black 360 coming that will cost nearly as much, which more than legitimizes Sony's pricing. On top of the fact that Sony has already stated numerous times not to expect price drops like we saw with the PS3. I could go on and on about why they don't need a drop.

My main point was that the OP shouldn't write a thread promising a price drop because some business analyst said there would be one. Just because this business analyst's research says there "should be" doesn't mean there will be.

SpeedLimit

03-22-2007, 10:26 AM

I can see how you would say that, but it doesn't make any sense for Sony to lower the price. Between them already eating a lot of money per console, and now with the black 360 coming that will cost nearly as much, which more than legitimizes Sony's pricing. On top of the fact that Sony has already stated numerous times not to expect price drops like we saw with the PS3. I could go on and on about why they don't need a drop.

My main point was that the OP shouldn't write a thread promising a price drop because some business analyst said there would be one. Just because this business analyst's research says there "should be" doesn't mean there will be.

Changed the title to reflect MAY BE. Happy ????

Xcessive

03-22-2007, 10:47 AM

Yeah. Thanks!

No hard feelings man, just wouldn't want someone to wait all the way till novemeber for a price drop that may not happen. Alot of people might not read the article and just go by the thread title.

Happy SDing!

Kawamata

03-22-2007, 11:04 AM

Just because some idiot THINKS PS3 will have a $100 price drop does NOT make it true.

I heard on KFWB (news radio in Los Angeles) yesterday that SONY is planning to drop prices on PS3's as early as October 2007. Sony stated that historically, a $100 price drop quadruples sales...

H00t

03-22-2007, 11:08 AM

Is that what Sony actually said or are the reporters just reusing this original article by Goldman Sachs? It doesn't really make sense to me for Sony to say this sort of thing so far in advance, even if this price drop is in their plans.

SpeedLimit

03-22-2007, 12:37 PM

H00t

03-22-2007, 01:09 PM

Still wouldn't make sense. Even if this price drop were forthcoming, Sony would deny it until a month or two prior to implementation. (This is what Microsoft did with their black Xbox 360. Deny, deny, deny...and then suddenly, yes, it's true.)

I think reporters don't want to be scooped and are basing reports on other reports. That happens a lot nowadays, ever since the Drudge Report and sites like it popped up...rumors get passed around and eventually someone in-between makes the leap of reporting the original report as a fact and not as speculation.

Kawamata

03-22-2007, 02:41 PM

When I heard the news, I could have sworn they said "Sony announced today that..." but after I read the Goldman Sachs article, it looks almost word-for-word...
As for me, I havn't bought any of the next-gen consoles yet, and was actually on the fence between the 360 and ps3... after I heard the news, I'm thinking of waiting for the ps3 price drop, so in my particular case, its working out for Sony... ^_^;

chuckd

03-23-2007, 03:13 AM

If it does drop $100 I'll buy one of those instead of the black 360 (since I've already got a 360 anyway). Thats assuming it has some decent games by then. Need some BD action as well.

Immortalus

03-23-2007, 08:44 AM

they aren't even comparable systems....

No, in terms of performance, they're not comparable.

However, the very fact that the Wii system and games are so much cheaper than the PS3 and Xbox make it far-more attractive to consumers.

Strictly from a budget point of view, what would you rather do, buy a Wii + games + accessories for $600 or get JUST a system?

I've said it before and I'll say it again, if you could quantify a technology value/dollar, then the Wii would be the "worst" of the group but regardless the price is such a huge thing for consumers.

Think of purchasing a car - you may want to spend $40,000 on a nice BMW 3 series but if you only have a budget of $20,000 then you're going to buy a car for what you have a budget for even though you could better performance for more money.

SpeedLimit

03-23-2007, 11:50 AM

No, in terms of performance, they're not comparable.

However, the very fact that the Wii system and games are so much cheaper than the PS3 and Xbox make it far-more attractive to consumers.

Strictly from a budget point of view, what would you rather do, buy a Wii + games + accessories for $600 or get JUST a system?

I've said it before and I'll say it again, if you could quantify a technology value/dollar, then the Wii would be the "worst" of the group but regardless the price is such a huge thing for consumers.

Think of purchasing a car - you may want to spend $40,000 on a nice BMW 3 series but if you only have a budget of $20,000 then you're going to buy a car for what you have a budget for even though you could better performance for more money.

Even if I had $40,000 I would still buy a $20,000 car as long it gets the job done which is all I care about. I wouldn't give a crap for the luxury brand name, style and trims.

H00t

03-23-2007, 12:02 PM

Even if I had $40,000 I would still buy a $20,000 car as long it gets the job done which is all I care about. I wouldn't give a crap for the luxury brand name, style and trims.

Regarding luxury cars, if you had tens of million of dollars, you might care more. Humans are social animals, so social status and public perception are important things. Some people who are extraordinarily wealthy, like Jeff Bezos and his Accord or the late Sam Walton and his beat-up pickup, choose to drive crapcars anyway, but that's because they want to project that ultra-thrifty image. Everyone is their own public relations rep, whether they realize it or not.

Immortalus

03-23-2007, 02:38 PM

Even if I had $40,000 I would still buy a $20,000 car as long it gets the job done which is all I care about. I wouldn't give a crap for the luxury brand name, style and trims.

My point wasn't whether or not you could/would justify it - I was simply saying that regardless of how much performance you WANT to buy you are still restricted by what you CAN AFFORD to buy.

Hell, say a $250,000 Lamborghini was being sold for "only" $50,000 - but you only have $49,000 - yeah, a Lambo for $50,000 is unbelievable performance for a great price, but it's STILL more than you have and thusly, regardless of how good of a price it is, you cannot buy it.

If I only had $250.00 for a Console system, it doesn't matter how much I really want a $600.00 PS3 or a $400.00 Xbox 360 - I can ONLY afford the Wii.

Hell, the same thing happened when Xbox/PS2/Gamecube came out - I bought a Gamecube at first because it's what I could afford and waited for the xbox and ps2 to drop in price, THEN bought them.

I'm sure a lot of people are in the same boat with the Wii - why spend an extra $150.00 when the Wii is going to be a blast and though it doesn' t have the same performance/HD, it's still going to be great.

david328ci

03-23-2007, 03:12 PM

How about they Sony reduces the price now and not just for $100 but $150 or $200. Then I would buy one RIGHT NOW!

t1mmy

03-24-2007, 10:38 AM

Even if I had $40,000 I would still buy a $20,000 car as long it gets the job done which is all I care about. I wouldn't give a crap for the luxury brand name, style and trims.

thats just you. a lot of ppl would disagree with you on that.

regardless of personal preference, a price drop would be nice for the consumers and probably the market. as if competition wasn't high enough alrdy

bigdaikon

03-25-2007, 03:57 PM

Why is this even a surprise or debate? When sony anounced the price of the PS3 I believe what was said- this will be the system people are saving up for....etc.

They knew sales volume would be less than ps2

of course- I doubt as many people are actually "saving up" as they would like.....

and as for people saying that the wii and ps3 are not comapirable- they are both game systems first and formost- that is all

Having said that they are compairable, just like a truck and high end sports vehicle are compairable- they are both cars

As for the price drop- who the hell knows- thats an internal sony decision that I doubt will be leaked at all - if they even hint that they will drop the price soon it would only be logical to delay a purchase until said price drop took effect thus lowering their currnt sales.

Besides everyone knows that nintendo is in talks with sony about aquiring the playstation name and releasing next year the PSwii aka the Wiistation MSRP of 252.00 that will play green ray

duh!

thermoelectron

03-25-2007, 06:30 PM

The use of PS3 components to justify the PS3's price tag or show that it's a bargain for what you get fails to address one area that matters: games. If PS3 had been released with a larger library or a heavily anticipated exclusive game such as Metal Gear or a GTA4(well not exclusive anymore, but it was at one point), then they wouldn't be losing in terms of consoles moved compared to Wii or 360. The cost would be more acceptable as there's actually software that takes advantage of it. The problem with the PS3 is that Sony thinks that potential alone can sell gaming systems. But who wants to pay for potential?

Why should I spend $40k on a $250k lambo if I live in an area with little to no paved roads?

m3latino

03-25-2007, 06:55 PM

$100 less will not make me buy the ps3. I use my consoles for gaming and not watching movies. Now that Devil May Cry and Ace Combat are no longer Playstation exclusives why should I get one ? For BR?

If Sony had more exclusive games I would pick it up but now they lost those two above games along with GTA4. Is MGS4 next?

SpendsTooMuch

03-25-2007, 09:27 PM

I would buy it in a heartbeat if it dropped $100!

Games are coming and I would get to watch movies in glorious hi-def!

Cool.......:nod:

This was the exact reason I just bought my PS3 a couple of days ago. I had no idea what an amazing machine the PS3 really is. If you look at it on any of it's strong points you can see that it's worth the money alone. I mean you're getting a blu-ray player which cost at least $800 right now as is. Then you're getting a media center that can run linux (the Sony XMB OS has an option for "Install Other OS"). And you're getting a high def gaming system in which the games look amazing. Not to mention the controllers have the same motion/spatial awareness that the Wii has, however I believe the Wii games were made with their controller in mind, whereas the PS3 games just use it for an extra feature that's toggleable. Anyways, I'm extremely happy with my choice of system and would buy it again.

Immortalus

03-26-2007, 10:43 AM

This was the exact reason I just bought my PS3 a couple of days ago. I had no idea what an amazing machine the PS3 really is. If you look at it on any of it's strong points you can see that it's worth the money alone. I mean you're getting a blu-ray player which cost at least $800 right now as is. Then you're getting a media center that can run linux (the Sony XMB OS has an option for "Install Other OS"). And you're getting a high def gaming system in which the games look amazing. Not to mention the controllers have the same motion/spatial awareness that the Wii has, however I believe the Wii games were made with their controller in mind, whereas the PS3 games just use it for an extra feature that's toggleable. Anyways, I'm extremely happy with my choice of system and would buy it again.

You bring up a good point - but for me, I have little desire for a bluray player (right now) so in terms of function, I look at the PS3 as a console. I'm not going to drop $600 on a console when my Xbox 360 is so damn enjoyable.

If it drops and/or I can trade in a PS2 for more off, sure, i'd definitely buy it.

If I was in the market for a bluray i'd jump on it in a heartbeat.

It just depends on what you're looking for.