Earth to Sony: The PlayStation 3 Needs A Price Cut

Sony if you are listening, please change your mind on no price cuts. You have a chance to pull yourself out of last place every month with a strategic hardware cut in time for the holiday season.

[buy a ps3]

no this weeks sales reports showed that the ps3 is back on track.

[ThanatosDMC]

Everyone is trying to find fault on Sony. Trying to find those nails to a Sony coffin? They're having a hard time finding those nails.

[Rock Bottom]

Doesn't matter what every one say, the PS3 is too expensive for casual gamers, especially in this financial problem, and it could use a price cut, even if it did came out in first place this month, with a price cut it will only sell more.

Even a 50$ price cut will increase(or even doubles) sales, and you don't need a financial genius to figure that out.

[Socom]

Well earth to sore losers and bitters: UP YOUR FINANCES.

You cannot expect Sony to finance your console for you. They have the best line up of games ever seen, if you want one that bad, then buy one. If you cant afford one, you should have upped your finances long ago.

And price cuts do not help console get ahead. In accounting terms, when a company does price cuts, its "borrowing sales" from the future period. Total sales in console life time does not change. Just the yearly sales.

[thebudgetgamer]

they just wiped out Microsofts 7 week run in japan with a one week whooping. the ps3 beat the 360 all year at a a higher price point.
while price cuts are always welcome but to say its needed is a bit off.
with the price of stand alone br players coming down it might come sometime next year.
how about a 400 dollar Killzone 2 bundle Sony.

:)

[uie4rhig]

PS3 may be selling good... it's only a matter of time before it won't sell any more at that price... if there is a price cut, it will only sell more ps3's not less.. but i guess Sony's finance guys are better at this than me !1! but on the other hand, as crippleH said, the stock market is in chaos.. Sony can't afford a price cut at this time.. Microsoft may have been able to with their big stacks of money, but Sony has a bigger problem than MS if it comes to the console price..

[SaiyanFury]

I find it somewhat humorous. People love to rag on the PS3, and as such the media shows it's love for attacking a potential contender. As The BudgetGamer showed, in a single week the PS3 reached and outsold the total number of the 360s sold during it's 7 week sales increase. You can disagree, but even if you're opinion is different, it's hard to argue with numbers. I'm sorry to say but Japan belongs to it's own brands, Nintendo and Sony. If you cannot accept that, then that is your unfortunately small appraisal of the situation. I agree, the PS3 still has a higher price point than it's competitors but considering what you get as an entire HD package, you really do save a lot of money in the end. Free wireless online connectivity, a larger capacity hard drive. Heck a standard HDD, and included BD drive. There's simply so many reasons to own a PS3 as an HD console that it's easily worth the increased price. As for streaming media, unless you've got a really high speed connection at least 20mbps or higher you can't stream HD video 360 or PS3. The PS3 supports most major media cards with every model. CompactFlash, SD, or Memory Stick Pro, you can save your movies to a memory stick and view them. Or stream them within your own internal network. On top of that it's extremely easy to stream HD media from your own PC wirelessly to the PS3 and watch it. On the 360, you need to spend 100 dollars on the MS proprietary wireless adapter to accomplish the same goal, unless you invest in a wireless ethernet bridge, which most people don't have the technical skill to set up. The PS3 is the entire package, and worth it for the price Sony sells it for. Sure, it would be better to sell it for the cheaper price, but that's not to say it's not already worth what you pay for.

When Sony drops the price, they will be in an even better position to occupy more territory.

[Real Gambler]

NOBODY knows how much money Sony is making on each PS3s. Are they making $20, $40, $60 on each consoles? NOBODY know. There's even many people who think they are still not making any profit on the console yet. (Nintendo is the only one who has been selling the Wii for a profit since the launch). Sure enough, by now, the PS3 is likely making a small profit, but NOBODY knows by how much.

And when I come here and I read things like that,I alway have a good laugh:

"Even a 50$ price cut will increase(or even doubles) sales, and you don't need a financial genius to figure that out." or "if there is a price cut, it will only sell more ps3's not less.."

Yep, let say that they make $40 per console now (even if NOBODY knows for real). Lower the price by $50, so you sell way more consoles, and loose $10 on each console sold. Not a financial genius either, but I think it's not a good practice. Sure you sell more boxes, but you loose more money.

Dang, I'm sure they would sold more cars if they were $2000. Or they could sell more houses if they were $10000. But it won't happen either!

[gaffyh]

It doesn't need a price cut, but a price cut would help sell consoles. More importantly though Sony shouldn't cut the price because they are a business, cutting price now would mean they lose a lot more money on each PS3 sold (which would increase dramatically), not to mention the current recession problems.

Price cut would be good to the consumer, but bad for business, and Sony needs to stay alive as a business first and foremost. If they did do a price cut now, they would only realistically be able to do a small insignificant cut, which would be pointless.

[Super-Brad]

I class myself a casual gamer and yet i can afford one, thing is even the xbox was pricey at first.

:)

[CrippleH]

Earth to idiots.

The stock market is in chaos. You telling them to lose more money when they are close to breaking even.

I hope they do not run a company.

[Bob Dole]

How did you get so many disagrees???!

+bubbles :)

[GarandShooter]

And this particular idiot is using made up numbers and saying 'work with me.' If he had factual numbers, his arguement may hold more water. Funny thing is, Sony has the actual numbers. If there was and credence to his theory, Sony would have already acted on it. Maybe next he can postulate how gas should only be 25 cents a gallon.

[Raz]

I'm glad someone said it! Bubbles to you.

Seriously...corporations that give things away aren't called corporations: they're called charities. Just because Microsoft cut prices doesn't automatically mean everyone else has to.

And let's be real: the 360 was overpriced to begin with (esp. after you factored in all the 'not included' stuff); only after the cuts is it now reflective of true market value. Sony began with a reasonable price for what they were selling, so to cut it further now would be silly - they'd be losing money for no good reason.

[LastDance]

no matter which way you slice it....sony is taking a long time to catch up. I work in a game shop and all every1 wants to talk about is the wii. At this point in time, i cant see sony bouncing back to number 1 unless something drastic happens.

ps/ i own more sony products than you.

[season007]

i know its kinda mean but i like how gamestop workers pretend themselves to be industry experts

[ultimolu]

Amen Cripple H.

They're basically saying that Sony should go bankrupt for the sake of beating the competition when the economy isn't very strong right now!

[XxZxX]

season007, exactly, that's a reason why they work as store employee and others work as corporate executive.

[WinterWolf]

However, I think Sony would do better if PS3 had more market exposure.

[Hagaf22]

i own one ps3, and im looking to buy another for my bedroom so my wife and i can enjoy our bluray collection in there and that way i can game when shes watching her shows, when sony drops the ps3 price, they will have another unit sold here, with out the price cut im not in any hurry to get it

[GarandShooter]

Hagaf, so you do realise the value of the PS3 having already bought one. You just don't have the same sense of urgency to purchase the second. Don't forget console manufacturers' business model, lose money on hardware(at least initially), make it up on software. I have recently read that Sony is finally breaking even for each PS3 sold. Owning a second console won't drive you to purchase more games, or even movies. If I decide to purchase a game or movie, the numbers or locations of the playback devices never enters the equation.

[PirateThom]

Earth to Blog.

When you're in charge of a billion dollar company, maybe you're critique of the situation will be valid. You don't get into business to lose money.

[PirateThom]

5 disagrees?

Really?

Considering the price of the PS3 against the 360 and the fact it's outselling it, a price drop may attract new customers but if you're losing a ton of money, what's the point?

[thor]

There are about 5 phantom disagreers on this story for some reason so don't worry about it.

[PirateThom]

I tend not to, but it's very easy to click "disagree" that make a valid argument. Oh well.

[BWS1982]

I've lost bubbles for this type of thing, and my comment below has a phantom 6 disagrees, maybe some blog members over there came to "fend for their rant"....I dunno

[Oner]

"I've lost bubbles for this type of thing"

Same here. I guess speaking truth to those who don't want to hear it makes them retaliate by taking bubbles instead of entering a proper discussion; with the possibility to maybe understand the situation at hand, while opening their eyes to not be so biased and be real gamers...

[house]

why are people just talking dont people know that the ps3 takes more money to make than the 360 face it when you have 33 percent fail rate its for a reason

[RememberThe357]

Don't even get me started on losing bubbles...

[Danja]

Earth to Blogcritic

The PS3 is doing quite well without a price cut , Sony is already losing enough money on each PS3 sold , the economy is in the dumps right now , why lose more money when that's not what a business is about...?

[Danja]

for speaking the truth that the PS3 can stay competitve without a price cut unlike some console....Sony doesn't need to bleed extra money just because the competiton is dropping there price also...the PS3 has been matching 360 sales all year..The Wii is another story since neither Sony/M$ is matching there figures ..

PS3 needs no price cut till 2009...Bundles do work also..which Sony is good at doing..

[Socom]

They all want a PS3, even though they will deny it in forums.

PS3 has the best games line up ever seen and it doesnt matter how they try to rig the reviews and rate down PS3 games again.

In all honestly, who doesnt want to play 60 player lag free online fast chaotic, super intense all out war multi player?

Who doesnt want to play the most revolutionary 8 player coop?
Who doesnt want to build his own levels and upload it to youtube from his PS3 for all to see?
Who doesnt want to play the most intense futuristic racing with supersharp graphics, 1080P and 60FPS?
Who doesnt want to play the best RPG this year which also happens to be the most tactical and most polished game that is Valkyria Chronicles?
Who doesnt to play the most hardcore offroad racing?
Who doesnt want to play the most epic game with the most epic ending that is MGS4?
Who doesnt want to watch Ironman, the Hulk, the Dark Knight, Quantum of Solace, Indiana, Harry Potter in true 1080P on his Blu Ray player?

I can guarantee you that 99% of all gamers out there would want to do this when asked.
Unfortunately for them, maybe only 20% can afford a PS3.
Thats where all the hate comes from "FK YOU SONY OMGZ"

Of course they never look in the mirror themselves because who the hell buys a 360 anyway.

[AbdullaMTR]

360 need really a huge price cut again to stay on the truck, Sony ps3 doing great last week and it's going better.
All these website must shut up BCZ I feel they r speaking with microsoft mouth.

No need to Sony losing more they lost enought by giving us free things and services + best gaming hardware + best games + best online (psn)

[Sir_Ken_Kutaragi]

BLOG??? BLOG??? BLOG??? WTF???
Oh dear!!! Welcome to BloggersNews4Gamers.com!!! ;-D

The PS3 is worth EVERY penny!!! ;-P

Earth to Bloodmask: Get a New Hobby!!! ;-D

[Snake Raiser]

It is worth every penny. But most people don't know that. I thought that my sony friends were smarter than that... Now the first 2 have shown me that they are fanboys too. Sad. How old are you people if you can't admit that this would really help sony. And that sony won't get ahead with out this. Did you two even read the article? Sony could make more money this way. You are an embarrassment to Sony and BIG BOSS.

[Asurastrike]

A price cut will come, eventually.

[RememberThe357]

How are you guys going to "disagree" with that? You can honestly sit there are say the the PS3 is never going to get a price cut? Come on...

[she00win99]

if they can sell 200 thousand units alone in US every month, i think the price cut will be in the distant future..

[xBot Lemmings]

No need for a price cut the xbots need a JOB

ROFL!

[user858621]

hahahaha!!! so true!!!

[Keele]

Too bad they're not the only ones who need a job.

When will you stop leeching off of daddy's wallet??

[0verdrive]

they are already losing money on each ps3 sold, and the gains are only hypothetical if they cut price, because they cannot say for sure that they will sell more hardware, and in turn sell more software. its too risky at this time when the economy is down.

plus they are selling fine right now, and will continue to sell as bluray continues to boom.

[BWS1982]

that them popping in an extra 40 Gigs into a bigger HDD is in a way, a price cut. More product for the same money is similar (but not identical) to same product for less money. That is a pretty decent thing to do, IMO, though no, it's not the same as an actual price cut.

[BWS1982]

the disagrees? No sarcasm here, I'd like to hear why my above comment is any sort of fallacy? I said it's similar but not identical, so I'm not getting it.

[waznotwaz]

When Sony first released the PS3 there was very little interest in the console.That was because people were going mad for the Wii and weither Sony will ever accept this,the console was far too expensive for those casual gamers who just wanted to play games.So Sony dropped out backward compatibility,introduced a dizzying array of SKU's and gave us back our dualshock controls,all in an attempt to woo the casual gamers off there PS2 and over to the new console.The bottom line is that Sony misread the market.They have been far too reliant on brand loyalty and have to accept that they will struggle to ever get the price of the PS3 down low enough to capture the casual gamer.Giving someone an 80gb hard-drive in place of an 40gb hard-drive is not the same as a price cut.The bottom line is that Sony said some months ago that they weren't about to get into a price war with Microsoft and I don't think they will change there minds in the current economic climate.

[ReBurn]

I'm sure that Sony is hoping that people see the added value in the larger hard drive, but it's going to be a tough sell for gift buyers if they see a different console for $100 less with a 60GB hard drive. And there are still quite a few Pro packs out there with the two pack-in games.

The PS3 is doing reasonably well at its current price point, so there's not as much pressure for Sony to drop price. There really won't be unless the 360 starts to pull away significantly. Only time will tell if that will happen.

On a side note, I wish that the blog spam on N4G would go away. This site is turning into people submitting blog posts to try to drive traffic to their crappy sites.

[karlostomy]

"On a side note, I wish that the blog spam on N4G would go away. This site is turning into people submitting blog posts to try to drive traffic to their crappy sites."

I completely agree. It's too easy for people to spout their own blog opinions and submit this crap on n4g.

Stinks.

[KARMA2009]

Japan stops ignoring the PS3, sales jump 900%
Posted Nov 6th 2008 12:00PM by Alan Tsang

Looks like all is right with the world again, according to the latest numbers from Media Create. This week on Sony's home turf, the PS3 moved 39,587 units -- outselling the combined figures of the Wii and Xbox 360. Also worth noting is that PS3 sales jumped a whopping 907% from last week, when the PS3 sold only 3,931 units.

As we reported yesterday, Grand Theft Auto IV for the PS3 took first place on the Japanese charts -- now we know it has sold 132,676 copies, while LittleBigPlanet and Gran Turismo 5 Prologue: Spec III sold 51,705 and 34,965 copies, respectively. You'll notice that Media Create has released slightly different numbers -- for example, the 360 version of GTA IV is in eighth place now instead of fourth place. Hardware sales are below, software sales are after the jump:

Hardware and software sales for the week of October 27th - November 2nd:

DSi -- 171,925
PSP -- 50,358
PS3 -- 39,587
Wii -- 23,123
DS Lite -- 16,369
PS2 -- 6,714
Xbox 360 -- 6,119

Grand Theft Auto IV (PS3) -- 132,676

Valkyrie Profile: The Accused One (DS) -- 79,760

LittleBigPlanet (PS3) -- 51,705

Pokemon Platinum (DS) -- 47,243
Wagamama Fassion Girls Mode (DS) -- 40,380

Rhythm Tengoku Gold (DS) -- 38,558

Gran Turismo 5 Prologue: Spec III (PS3) -- 34,965

Grand Theft Auto IV (360) -- 33,648

Your Life's Rhythm DS (DS) -- 26,191
Chocobo's Dungeon DS+ (DS) -- 26,190

[KARMA2009]

LOL all disagree's are xbox cry babies,thats right your 360 got smashed in one week,a KNOCK OUT PUNCH.

[KARMA2009]

wait until White Knight Chronicles comes out in Japan in december,watch the PS3 sales goes off the charts.. view off screen 'TGS 2008' White Knight Chronicles trailer
http://gamevideos.1up.com/v...

[Rampant]

400$ and you don't even get a headset for online play in there? Come oon.

[heyheyhey]

SOCOM: Confrontation for £30 and there's the best online gaming headset included??????

wowza, now there's a good deal

[CyberSentinel]

NO HD CABLES!!!

Homeless Lemmings, I Even Got A Free Remote With My Launch System.

[Tmac]

Okay? You don't need HD cables to play on the PS3, but you do need a charger kit for the Xbox 360 how lame is that. Xbox 360 doesn't even have Wifi... the Wii has wifi for god sakes.

[karlostomy]

http://www.metacritic.com/g...

No wonder it's £30 with a free headset...

[Aclay]

If PS3 sales were actually falling considerably, then I think that it would need a price cut, but PS3 sales have been pretty steady. The PS3 sold over 200K units in September's NPD and PS3 sales increased from August's NPD in comparison to Septembers without a price cut, so I say the PS3 is doing fine.

With Sony already reporting a drop in earnings and the way Economy the way is, Sony doesn't want to take anymore losses on PS3 sales at this point.

$399 is an affordable price for a PS3 in my opinion. If people can spend $250+ on Cell Phones, IPod Touches, and other electronics, then surely $399 for a PS3 isn't that bad.

Even though Sony didn't cut the PS3's price this year, I think that they made the PS3 look even more of an attractive value without actually dropping the price at all because Sony released a 80GB PS3 for $399 and got rid of the 40GB PS3 for $399.

[Ikaika28]

How are you gonna purchase the $60 games and $25 blu-ray movies if you're gonna be stingy and expect Sony to cut the PS3 prices down probably 50 bucks at most. $400 is a great deal for the 80gb PS3. Microsoft is charging $400 for their xbox360 elite console and it doesn't even play blu-ray discs and they charge you for their online services. Blu-ray players alone are selling for $200+! Don't be a scrooge.

[RememberThe357]

The US national debt is a mess. Our stupid ass government has decided to take loans with upwards of %20 interest. To pay these loans off the government has to print more money, causing the value of the dollar to decrease. That and the Yen is appreciating. The exchange rates are kicking Sony's ass right now.

We'll have to see, but if SCE doesn't generate profits from this quarter there is going to be some serious reorganization going on internally. This quarter is the bread winner of quarters.

[XxZxX]

the blogger got caught up with Winning instead of profitting.
I hope he doesn't do any business.

[DJ]

And has sold more hardware than the 360 this year. No reason to drop the price yet.

[DNAgent]

The PS3 has been doing fine without it and even selling more games than on the 360 (as reports from EA, Ubisoft, & Konami have confirmed). It's not that the PS3 "NEEDS" a price cut it's that people "WANT" them to have a price cut. The only reason you have Xbots running around is because they cannot yet afford a PS3 so once there is a price cut then you will see a lot less Xbots because they are only hating on what they can't have.

[NaiNaiNai]

actually i had a choice last paycheck between getting a 120GB HDD and a few games and a new desk for my stuff, or a ps3 with no backwards compatibility for ps2 games, no game, and a 80 GB HDD for 399.... i choose 120GB HDD the games and the new desk why, i want more for my buck not less.
-nai-

[Shane Kim]

We also know that you are the biggest closet fanboy on this site señor Nai. So stop your imaginary shops couse you did't buy sh!t.

[NaiNaiNai]

LMFAO. now heres the sh!t i bought, god sony fanboys are really stupid. T_T no really im not kidding.
this being last paycheck. I get paid again this coming friday, but the ps3 will still have to wait due to x-mas. something all the sony brats cant afford.

so what all did i get.
(a)1. fallout 2. halo 3 3. ergo proxy box set.
(b)1. 120GB HDD
(c)1. new desk.*im setting this darn thing up in about 2 hours.*

you still going to back mouth me sonybrat.
-nai-

[Tmac]

U bought the 120gb harddrive for the same price i could be buying a 1 terabyte drive, feel like an idiot yet?

[InMyOpinion]

I thought the PS3 was supposed to have passed the 360 in sales by now, like all the fanboys predicted last year. Or maybe you don't remember? Oh well.

[Sarcasm]

Just like how you thought the 360 price cut would completely obliterate the PS3?

[InMyOpinion]

If Sony's strategy is so impeccable, how come they are still millions of consoles behind the 360 more than two years after it's release? What happened to the PS2 momentum?

[bviperz]

All this talk about console wars is just industry hype to help push sales. I blame the media for blowing out of proportion and thus creating the 'bad fanboy' persona. Does it really matter who sells more than who? I'm just glad they are all still selling well. Don't know about you, but I like to have choices when it comes to gaming. And when there's healthy industry competition going on, consumers are left with better choices. Can you imagine if today Wii was declared the winner and MS and Sony got out of the gaming industry? We'd all be left with one choice. Not a bad choice, mind you, but how crappy would that be? So, please don't fuel the persona, by making statements like, "I thought the PS3 was supposed to have passed the 360 in sales by now, like all the fanboys predicted last year." Enjoy your choices. It's why I don't get into the 'who out selling who' argument, because everybody knows the saying:

Second place is the first loser.

[RememberThe357]

Put your bias aside for a second and think about this like a business person. You don't build a business model around your competitors sales. Sony sees an opportunity to once again sell 100 million consoles. They only think about they're competition when they see them jeopardizing those numbers. Right now they're on track to sell 100 mil consoles in ten years, 10 million consoles a year for 10 years. You can bet your ass that if they can do better they will, but the goal is 100 mil and they on track to do that. I honestly think they're going to cut the price tward the end of the fiscal year.

[Asurastrike]

How do I get 10 disagrees when I say a price cut will come eventually? That's like if I said everyone will die eventually and 10 people call me a liar.

[Danja]

funny thing is it was worst this time last year....sometimes I would see ppl in PS3 post get 60+ disagrees for speaking positive about the PS3...

[InMyOpinion]

I'm not going anywhere, I'm Highlander.

[GrandTheftZamboni]

That's exactly what Toshiba did with HD-DVD.

PS3 is also a Blu-ray player and is instrumental in promoting the format. Everyone knows that at first, many game consoles are sold at loss, and that profit is made from selling games. If the author can do the basic math, he should add Blu-ray royalties and see how good or bad Sony is doing.

In short, I can't see it selling cheaper than average quality Blu-ray player. As they come down in price, so will the PS3.

[Billabong]

I'm pretty sure Sony know what they're doing, and won't drop the price when the console is doing great. A lot of people are buying it even though it's the highest priced console on the market.. price cut needed? No, at least not yet.

[kazan]

O another Bolg ...pass

[pete2711]

In daventry, My local town, A PS3 with 1 game or controller is £230, I think thats is bloody cheap for what you get.

[Ashton]

early next year ,,as soon as the new smaller cheaper chip(45) is ready .

so we might get a price cut around the launch of Killzone 2

[PCPCPC]

I agree that a price cut will come but I think a price cut will come first when Killzone 2 gets released, then they will cut it again when the new chip comes out.

I wonder tho if M$ will cut their arcade down to 150 next year to try and counter Sony's price cuts.

[sinncross]

Im so over this price cut talk.
1) For what you can achieve with the PS3, its costs is actually a steal.
2) Yes it is expensive and that is hindering sales, but Sony is a business company... just slapping a price cut can actually do more harm then good for them if they start to lose too much profit. Gaining in hardware sales doesn't mean that the company is profiting in any way, or even doing any better.

Its a fine lien that has to be walked... with the price differences, the PS3 has been outsold the 360 so far this year... why would you need a price cut when you are outselling your most direct competitor?
Sony will cut the price with it is economically viable to do so, they aren't stupid.. they understand the price needs to be lower but at this stage, it is not probable for the company as a whole to do so.

[masterg]

I do think it would make sense for Sony to cut the price now.
OK they will loose $100 per console, but they will probably sell 500k just this holiday.

But here is the upside. Right now Sony has their best lineup of 1st party games, meaning they would sell a lot more 1st party games with the 500k extra consoles. And that is where you make your money back.

[ultimolu]

...This is a matter of supply and demand. If Sony drops the price, the demand would exceed the supply. They will lose more money. I don't think they care about winning. They care about making money.

[ReBurn]

No company that is in business to make money by selling the products that they make is going to try to control demand by keeping prices high. Cost is only one factor in the formula of price. They're going to sell the products that they make at a price the market will bear.

Right now the market will bear $399 for the PS3, so that's what Sony is going to continue to sell it for. If sales stagnated, Sony would have one of two choices. They could drop the price and possibly lose some money in the short term. Or they could exit the market and liquidate their remaining stock. I believe that if it came right down to it Sony would drop price if they had to.

[shawnsl65]

Thanks to microsoft and the xbox360's price cut, it proves that the PS3 does not need a price cut to even beat the 360 sales. Sony doesn't need a price cut. Hell Sony is set from now all the way til December 2009, they "might" have a price cut in Spring 09 when the 45nm chip comes out which cuts down on production cost (and in time for resident evil 5, SF4 competing with xbox360 same game sale). Microsoft just helped Sony prove that they have the better "bang for your buck." If you can't afford a ps3 now, then wait til spring 09 to buy one or go to Walmart today at 8am for the 399-100bucks gift card - 150bucks sony card = $149 ps3.

[KARMA2009]

I agree,also Sony said they are planning to replace the 80GB PS3 and drop it's price to $299 with a 160GB PS3 to be at $399 in spring 2009..

[KARMA2009]

Sales will go crazy this christmas,dec/09/2008 BLU Ray Dark Knight comes out = BLU Ray players selling,PS3's be selling,and another world breaking BLU Ray movie disc record (Dark Knight) will sell in the millions.

[tee_bag242]

Supply and Demand is the only thing right now thats going to dictate price for the PS3. And they are selling so you tell me what you would do if you were in charge...?

You cant really expect the price of a PS3 to drop as much as a 360 does either.
360's are made with common PC parts - you know how it goes
Whether you like it or not. Fact remains the hardware and technology in the PS3 is worth more.

360's should be cheap so people dont mind buying a second one when it inevitably breaks
(that was just to stir up the room)

[Neoraf]

One day or another, just like Sega, Sony will have to raise the white flag on gaming hardware.
Microsoft is a giant, the Xbox brand is growing all over the globe (the opposite of the Playstation Brand. Last Gen PS2 = 130millions. This Gen = only 16 millions after 2 years. Let's not forget that Sony is still in third and last place on the race.)

I have a PS3 in my living room... and you know what?
I like it a lot.
I know I'll get a lot of disagrees for speaking the truth, but I think it's important to stay focus and objective.

[strotee]

Just so we're on the same page: the fact the PS3 is not currently in 1st place means Sony should kill off the PS2, PS3, and PSP? I don't need to remind you that Sony crushed the competition during the PS1 days and obliterated competitors during PS2's rein. Despite the Nintendo DS selling really well the PSP is selling better than most would have predicted. Sony has won 2 generations in a row and now you want them to suddenly bail? Remind me to never do business with you.

What has MS won in the console gaming industry? They barely squeaked past the Gamecube to earn 2nd place and in this generation they will be LUCKY to be in 2nd place but we both know Sony will keep the PS3 around for years and years and years. It's inevitable, the PS3 will surpass the 360 in sales. You can claim that MS has moved onto the 720 so sales no longer count; tell that to the millions and millions of people who have purchased a PS2 since the PS3's debut. Only so-called "hardcore" gamers care about when a generation starts and stops. The purpose of a business is to sell products that consumes want and make money. Sony is doing just that.

Sony is looking at the big picture and being patient. Sony released the PS3 knowing it'd be attacked on two fronts: gaming and high-definition movies. Sony can now concentrate on the gaming front being that HD-DVD folded like a cheap tent; Blu-ray is the medium for high-definition movies for the foreseeable future. Get used to it.

PS3 is selling more consoles on a global scale than MS despite its higher price point, that's a fact Jack. I wonder how well it will sell when it dips to $200-300 in a few years. That must keep a few people in Redmond from getting the sleep they desire.

[ultimolu]

Yes, leave the gaming industry. That's what they should do! They invested millions in the gaming industry and they're gonna leave just like that.

Good plan!

/extreme sarcasm because I'm talking to walls here.

[karlostomy]

There is some genuine truth to your statements.

Sony is a company, and the only reason a company exists is to make a profit.

So far, the ps3 has made > $3.3billion losses. Word is, that they are only now breaking even.

If I was a sony shareholder, I'd be watching VERY closely to see when the ps3 makes money and if it will eventually recover the massive losses.

If it is deemed that the ps3 was a poor investment vehicle for Sony, then the viability of the ps4 will be in question. Any person in business will tell you that products that produce losses consistently with lost sunk costs, get cut.
At the very least, Sony will be reducing the features and costs of the ps4 from the beginning. My guess is we'll see a ps4 more like a Wii 2.5. Shareholders of Sony will welcome a wii type product that makes profit right from the start.

Logically, it does not make sense to produce a product over 7-10 years and see it lose money. Hence it all really hinges on profitability. Sony MUST make a profit on the ps3 and recover the incurred losses ASAP!

At the moment, ps3 is selling well, at breakeven production. The install base is growing, but is it growing fast enough?
Also to consider is that a pricecut now would extend the losses and make recovery of losses even MORE difficult.

That is the ONLY reason there has been no additional pricecut.

[reelife]

Only poor people are complaining hahaha!

[Brixxer600]

If you're reading this and you don't have a PS3

What the hell are you thinking ?, go out and get one.

I was a huge fan of the 360 and had no interest in a PS3. Then Uncharted was released and i started to take a notice, have owned my PS3 only since Jan of this year but in that time i have not missed my 360 at all.

[Arsenal4Ever]

Why would Sony leave the video market for? They're not failing. Maybe when they do fail they will but no in the next 20 years hell no.

PS3 is catching 360. 10 million down to 4 million gap.

Wii is next. Even though Wii would possibly win but hey PS3 will get that 100 milestone.

BELIEVE IT!!

[TheExecutive]

luckily sony isnt worried about their place in the console race, they are worried about making money.

[ultimolu]

...These people need to take a course in Economics.
That's all I'm gonna say.

If Sony is planning on only selling 10 million units around this year, then they cannot drop the price. If they drop the price, the demand would increase and they will lose money because there would be a shortage.

I may hate Economics but this is what I observed.

[karlostomy]

It shows that you hate economics.

I like economics.

You have the demand/supply shortage all confused.

In your example, if Sony drops the price, then demand will increase.
The Quantity traded will increase. If Sony doesn't increase supply (ie supply is fixed) such that there is a Shortage then we move ALONG the supply curve and the price will again RISE through market forces in the short run.
http://economicobjectorvism...

Then, in the longrun, as consumers adjust their demand to the higher prices, the Demand falls back into the place it was prior to the pricedrop (a leftward shift in demand curve) and the original price and quantity traded is restored.
Ie.: In your example, NO change will occur in the longrun.

Higher demand and fixed supply ALWAYS results in higher equilibrium prices, in the short term only.
http://images.google.com/im... http://upload.wikimedia.org... http://sites.google.com/a/m...

HOWEVER,
In reality, Sony would meet the intitial increase in Demand by concurrently increasing its supply (no shortage!). Hence the price drop would result in higher quantity traded at lower prices.

http://www.agbioforum.org/v...

The real issue, however, is Sony's Fixed and Variable costs.
At the current market equilibrium, Sony is operating at the price where Demand equals supply equals Longrun average total cost.
http://www.oswego.edu/~atri...

This equilibrium determines the price for Sony, and its output.
Sony will produce where its marginal Cost equals its marginal benefit.

In the past, this has resulted in Losses, as the LATC curve was above this price. However, recently Sony has reduced its manufacturing costs. It's equilibrium price hasn't changed, but its costs have.

Currently this is Sony's point of allocative efficiency.
Stay in school babe.

[sak500]

PS3 is not even worth the price of platic its encased in. Should be 100$ max.

[olivia]

you must be in la la la land words like that should get thrown in jail are get jump by 399 people.the ps3 is worthy of it's price it would take two 360's to justify the lost of the ps3.ps3 fail rate 1.5 percent,360 fail rate 55 percent and climbing .be sure to take cover when it blows up,don't want you to get kill you bot

[-Maverick-]

PS3 is a piece of garbage. Period.

[ultimolu]

Same with a system that keeps breaking. :(

Oh, I so did not just go there!1111

Oh noes! :o

[karlostomy]

why do you sound like you always have?

What was the point of your new account?

Was the other one getting debubbled too quickly?

[GiantEnemyCrab]

Nevermind.

[pete2711]

Why not?? Do you know how much a blu-ray player is?? Just that alone is worth the £250 for a PS3

[Marty8370]

Nope, PS3 is doing just fine. Sony will want too profit before cuts happen.

[tk]

We will see bundles instead of Price cuts. As good as a price cut.

[Firstkn1ghT]

The only way they're going to catch up to the 360 is with a price cut. The 360 has already won a lot of market share compared to the original battle between ps2 and xbox. If the ps3 is planning to catch up then they need a desperate price cut. Sony just isn't the powerhouse it used to be. Their tv's are ranked in the middle to bottom, cameras are ranked at the bottom, and the ps3 is in third place. Oh Sony!

[ultimolu]

Then you must want them to go bankrupt then. :/

You know nothing about business Knight.

Sony, at this point isn't TRYING to catch up or beat the 360. They're trying to keep their gaming business afloat. If they decrease the price, demand exceeds the supply.

That makes them lose MORE MONEY.

Microsoft may only care about winning but Sony cares about their business.

Which one is more important?

[beavis4play]

if you look at my comment history i tend to "favor" the ps3.(while trying to be fair overall)
BUT, i am hearing a few people (who are on limited budgets) say that they are getting x360's for xmas gifts for people who wanted ps3's. why? cost.
do i think the ps3 is in trouble? nope, but the "bare-bones" 199$ 360 will do well this christmas just like the wii......because of price. sony really can't deny that. but when ps3 does come down in price, the wii and 360 don't have the current hardware to compete.

[ArtisianDragon]

Why does everyone want a price cut? As one person above said they are bundling things giving the person a system as well as a game plus a dual shock 3 (At least this was the case for the MGS4 bundle and they still have quite a few of those floating about) Question is, why are people turning a blind eye towards the good deals and simply trying to just buy a system when they can spend their money on the bundles and play the games that come with? As well as receiving a good controller to boot.

[demoneyeslaharl]

Because there are many ignorant and/or lazy people about. I waited until MGS4 bundle came out... that's the only time I went and bought my PS3. And it was worth every penny.

[ArtisianDragon]

I bet it was, I know most of my friends did that, and they weren't complaining. They got a good game plus a great system to go with it, not to mention the controller that game with. I agree though their are many ignorant people who look past these things (The people I work with included) Sony is doing all this to push consoles and people are just being really cheap.

[yog-sothot]

I think that the key point of that amazing article is "I am not a big financial genius"

[yanikins111]

boobles

[xwabbit]

Y the hell would Sony do price cuts ? its selling almost as its competitor and its twice as much. That just shows its potential

[Rageanitus]

time and time again sony has proved that they dont need drastic price cuts. And with the release of r2 and LBP it just shows that.

They maybe have a price cut right before christmas... but from the looks of it it dont seem realy necessary.

What is really needed from the MS front is a to redesign the console so it has MUCH lower defect rates. If it wasnt for the defect rate of xbox im pretty sure ms by now wwould have had a stranglehold over sony .... but that IS NOT THE CASE>

[X12Celtics3]

The console that should have a price cut is the Wii. I realize that it is already affordable, but it is the only console who still has the same price tag that it had two years ago. I want one, but won't buy one until it gets a price cut.

I also don't think that Sony really needs a price cut; as far as I know, it costs more to make than 360's (considering the expensive design choices), so it should cost more.

The 360 is getting price cuts because it is reaching the point where most people who want one really bad already own one; the price cuts are encouraging casual gamers to buy that console instead of the PS3.

[DFresh]

The way I see it you get what you pay for.
PS3 is just the best console this gen period even though people don't give it the respect it truly deserves.
Besides It's only $100 more then the 360 you get a reliable console. amazing games and exclusives, blu-ray player, free online, cool services, etc.
What else can you ask for?

[olivia]

well said

[ultimolu]

Yes, it offers more for *one* price.

[Zun]

Sony replenished it's position in Japan and i spended all my money on fixme so now i have to go and make a blog about it otherwise my secret sponsor won't pay me as much BAAAAAW

[nirun]

it won't get a price cut any time soon, not until blu-ray has REALLY taken off. by that i mean, every major release past and present available on blu-ray and with prices at or below 25-27 dollars as a STANDARD.

[Claudinho69]

no it doesnt...it needs RPGs

[yanikins111]

correct sir

[Qfragger]

Listen guys if you just want a PS3 for just a gaming system it's still to much money. I've been gaming for 30 years plus and have bought most systems. I want a PS3 but think $399 is alot for a gaming system, i don't want a BD player and it would be in my family room with my wireless router. So two of the big plus points don't even matter to me.

If Sony could bring out a bundle but at the same price i would buy cuz i want LBP.

Laters

[NipGrip]

Buy a Nintendo DS.

[NipGrip]

To hear HADCORE 360 fanboys trying to tell Sony how they could improve their situation in their views as if they REALLY CARED AT ALL. Sony doesn't need a price cut. It's $400 and offers much more at that price point than the Elite 360. So give it a rest with this begging Sony to take a loss on every console sold just because your company does please. Not everyone needs to put their console in the bargain bin, some consoles rely on more than 1 or 2 games to carry them through.

[ScottJ10]

stop being cheap.

[badkolo]

once again the people saying that sony doesnt need a price cut either are 14 or dont undersand the value of money, if your a litle kid and keep saying they dont need a price cut and try to validate why just shows your ignorance.

watch the news kiddies, people are sufferingm our economy is in the tanks, 19 banks have fallen, companies are falling, chrylser,ford,gm are almost finished, over 10 million jobs have been lost.

So plain and simple 399 is to expensive especially during these difficult times, just becuase you dont have bills to pay and probably no money to spend since your a kid that doesnt mean the masses have tons of money to spend during the holidays. grow up.

and im not dissing sony in any way, for the money the ps3 is more then a great value plus free online, it has games, so theres nothing to bash them on other then price. and its not a bash, its simple economics, yes the ps3 is worth but our country is in shambles and people are being tight with money, unless you sell drugs and have money out your arse stop trying to validate a 399 console

[NipGrip]

You expect Mercedes Benz and BMW to lower their prices to that of Honda's and Toyota's so they can simply match the amount of cars sold without taking into consideration the fact that those more expensive cars provide you with more than simply a vehicle to get from point S to point B. Sure, the 360 and the PS3 are simple gaming machines at heart, but the PS3 offers so much more at the price point it's at compared with the Elite. Just because MS stripped down the 360 to a barebones, nickle and diming machine (the Arcade unit), it doesn't mean Sony needs to come up with a barebones PS3 to match it. Pound for pound, proper model against proper model (Elite vs PS3), the PS3 is a much better purchase. The Arcade unit is a joke and a long term ripoff.

You try to build insults to people that actually understand the value of a dollar and buying something that is actual quality and not crap that breaks down, is built future proof and will last longer than 4-5 years and yet look at how you put together sentences. Have you even made it past 5th grade English? Forget the fact you have no clue what you're talking about, you are just atrocious with your delivery. Hush up, kid. Adults are having a conversation here.

[Jecht]

According to recent reports, the gaming industry is still in an excellent position, despite the market problems. That's because of HARDCORE gamers who spend thousands of dollars on gaming every year, not because of casual n00bs looking to save a buck.

So, this is where it will come down to hardcore vs. casual. And hardcore are likely going to be, once again and as usual, the lifeline of the gaming industries profits.

Why should Sony lose money to please people looking to save a buck? You think that the market problems only effect private citizens? The effect is felt by big business too you know. Circuit city is closing down 150 store across the U.S., costing hundreds of people their jobs, because of this market problem. You don't think that Sony is feeling it too? They still have a business to run, they can't stay in business by handing out their products at a next to nothing cost.

[ultimolu]

You don't understand economics and business at all then.

But of course, I suppose 360 fans want Sony to go bankrupt after all. Just keep in mind that if Sony does go bankrupt...that will destroy the gaming industry.

This has nothing to do with the value of money. It has everything to do with running a business. If PS3's are still selling well, then WHY should Sony risk their business by dropping the damn price?

Do you NOT understand that if they do that, they will lose more money?

They're focused on a profit, not outselling competition.

Good grief, read a book for heaven's sake. :/

[shawnsl65]

kolo is just another poor monkey that wants to hop onto the ps3 ship. -says my 14 year old brother

get a better career, my 85k paystub tells you to STFU. The economy may be down, but it's benefiting me more than doing harm. Cheaper Tv, cheaper food, even gas price is dropping.

Monthly bills should only cost 3~4k at most(middle income family), this leaves most people with 10~20k of luxury spending at the end of the year. So you're either cheap, uneducated, delusional, an xbox360 fanboy, or just plain out poor.

Price cut for the ps3 will come Spring 09 when the 45nm chip comes out, or when demand for ps3 is so low that it MUST need one... simple as that.

[NobleRed]

Stop crying about the ps3 price and please shut the f... up. I mean what are you crying about? In germany you pay for the 80Gb Version with LBP and one DualShock Controller 3 507$ Dollars.

You have no money for a ps3? Get a better job or just work a little bit longer.

[NaiNaiNai]

keep in mind most of the people complaining are adults with bills. T_T not 14-17 year old kids with to much free time. as much as i want a ps3, i know it will drop right after x-mas, so why should i spend that much money on something that might drop 50-100 bucks off the price in the next 2 months. i mean its not like any of the games that are coming out are a big sell for me. im really just waiting on Killzone 2. thats my big seller, i loved one, and i loved the psp version. but right now the price just doesn't justifie it for me. atleast not yet. even though there are some great games out, im still going to wait.
-nai-
*yea yea im off my stupid fanboy ranting, i only started cause i was in a bad mood*
*and it was fun to watch the fanboy on both sides squarm. XD*

[Jecht]

Not only does the PS3 NOT need a price cut (proven by the fact that it is selling well), but Sony can't AFFORD a price cut. They haven't even broke even on the development costs for each PS3 console, thus they are still taking losses on it. Losses that will NOT be recouped with a price cut, even if there is a buying surge.

Assume that it costs them $500 for every PS3 they build (just a guess). Add another $50 on that (due to a $50 price cut) and you got $550 for one PS3. They sell the PS3's at $400, which means they are still taking a $100 loss at it stands. If they sold the PS3 for $350, they lose $150.

Multiply that by a million, and that's $150 million dollars they lost selling the PS3 at a price of $350. Pretty soon, they'd have to stop manufacturing PS3's all together, ending its life cycle early, because of the money they'd be bleeding.

I wish these "financial geniuses" that have their own "game blogs" would just STFU and understand that you don't make profit by giving your product away. Sony has a business to maintain, shareholders to answer to, and a bottom line to think about.

If they listened to every whiny demand that's become the trademark of this generation of gamers, their gaming division would have gone bankrupt and closed down a LONG time ago.

Give it up. A price cut is NOT needed, and is in fact a BAD thing for Sony right now.

[karlostomy]

although, to be fair, I think Sony is near to breaking even on the production of ps3 consoles. (not including game sales)

[thehitman]

SONY CANT AFFORD A PRICE CUT or havent they noticed they the twister we call the stock market?

[badkolo]

oh so by your logic only hardcore people buy ps3's

sp this holiday th ps3 will ride on the hardcore, who cares if the masses dont buy it because of price this holiday when mom, pop, uncle , friend look for a system, cause sony dont need them, its all about the hardcore, I hope things get so bad that your eating dog food soon and tell me then about economics and how 400 bucks is easy to cough up without a job.

And just to inform you, the hardcore gamers who buy consoles most likely already have, they are usually the first ones ot get them an the ones who spend the most like you, but its years in and they most likely bought a ps3 or 360, both sony and ms are tryin to reach the masses and not the so called hardcore gamers anymore.

To clear something up, im not demanding sony to do anything, i have my ps3 and all the games anyone would want, accesories to boot. I have money but not everyone does. I am simply suggesting for sony to do a 349 ps3 during a 2 week period for the holidays to really help boost sales. I would like to see even more ps3's sold. so stop being all defensive.

[ultimolu]

...*facepalm*

...Did you not read what others have said?

THEY CANNOT DO IT AT THIS POINT. EVEN THE SLIGHTEST DROP WILL CRIPPLE THEM!

[Jecht]

120+ million PS2 users. That's all I have to say.

[na2ru1]

it will be lethal if it does

[Enate]

Above says x amount of money an no hd cables FYI most people who have the 360 don't even have an hdtv the attach rate to hdtv's is still very small. An if you do I got my hdmi cables for 15 bucks hardly expensive.

360 with what I would need lets scratch the 199 bs because you need a hard drive.

360 elite bundle 399.00
wireless adapter 80-90 bucks
Xbox Live 40 to 50 bucks

Hardly cheaper for people who don't run drop cords through there houses an have discovered hdmi an wireless internet.

[dirtrider]

most consumers should see the value in the ps3 for this price for what it offers. it really is an outstanding machine. yes i currently only game on 360, but i owned a ps3 for a while and i gotta say its an awesome machine, and its gotten even better in the last few months. some may ask well why did he get rid of it- my answer- hellish economic times and i had to make a decision between the ps3 and my online friends i have been gaming with for almost 4 yrs on live who have never owned a ps3. soon as possible i will be back on psn, in resistance 2 no doubt. game on people

[SSJSubgeta]

I understand the complaining but console sales say other wise. Sony is selling and its proven that price has no say in how well it does, People/consumers/gamers are still buying PS3's. Sure a price drop will benefit sales, but its business as usual. Sony see's PS3's are still selling at this price range and it will continue to do so until they see a price cut is needed. Other wise I don't speculate nor see price cuts till summer or fall of next year.

[dirtrider]

sony could do a 50 dollar price cut and it would not "cripple them". id say there would be a 99% chance it wouldnt hurt sony at all. price to most consumers is psycoligical and if they advertised ps3 for 349.99 it would sell even more than now, thus boosting sony's sales in blu-ray movies, games and accesories(cause more ps3's in the market). the real argument is do they NEED A PRICE CUT and with it selling this well one could argue NO!! seems some in here think sony is on the brink of bankruptcy and thats simply BS. (this was for juuken since she wants people to say why they disagree with her)

[aggh im on fire]

xbox is outseliing it worldwide at the moment ( last couple of months)but not by a huge amount. I don't thik Sony have anything to worry about. When the price cut comes next year they will sell loads. They know what there doing.

[NeoSprtacus]

Sony isn't going to cut the price of a machine that loses them money. So if they double sales on a machine that already loses them money then they're essentially quadrupling their negative profit. Even with the extra games/software they sell, they wouldn't make more than they are now.
Bottom line:
Just buy the PS3! Investment well worth it. Ask most anyone with one.

[PS3-FANBOY]

WTF are you talking about $400 for an 80G is a great deal. For a games system with 80G a Blu Ray player free online a DS3 controller a web browser and not to mention al the great games out there and incoming.

[badkolo]

no one is disputing how great of a deal it is.
no one, not me.

Whats being discussed here is that the ps3 going into this very important holiday with a 399 plus tax system versus a 199 system, what you get more with one or not is not at question here.

My point is the economy, mindset,economy, mindset is not good right now, and while people will still buy epensive things and peopole will shop this season , peoples pockets are tight and they are starting to think that way as well. a holiday pricedrop would increase sales without much damage to sony in order to ensure bigger sales numbers, it will not look pretty in january when we are all here discussing how the wii and 360 trampled the ps3 in sales, yet again, yet another year. to think it wont happen at 399 is foolish.

stop with the 399 isnt expensive and price doesnt matter, at 599 the ps3 was dying. so price matters or else those pricdrops in the first year wouldnt of happened. they knew the value but Price was a prolem so they lowered it.

Now we can all see the ps3 is selling well, but we are discussing a 2 month period where sales go bonkers for consoles and games are plenty.

[jcgamer]

lmao... :)

@ GOTY 2007

the 360 is going to win this whole holiday season? WHERE? In your living room? lol Come on man...Please pass whatever you are smoking, because that is some GOOOOOD SH!T...lol

and off topic...did you REALLY think that Halo 3 was GOTY 2007? Buh...Buh...BUH...BUHA-HA-HA-H A-HA! :)

[GOTY 2007]

I'm guess your not considering how the XBox 360 is and has been winning in sales again...and is going to win this whole holiday season.

[GiantEnemyCrab]

comment noted. I will be looking for you after this holiday season to remind you of this post.

[OSIRUSSS]

As long as Sony keeps people wanting the PS3 Sony will be ok. It doesn't matter if people buy one in 2008 or 2012 a sale is a sale. The PS3 10 year lifespan will see it through this economy.

[NickIni]

We already know this. Sony already know this. Some random blog won't make it happen any sooner.

[PS3-FANBOY]

IMO sony is better off having a higher price tag it shows that its the better peice of hardware making it more desirable. All the 199 price of the 360 shows is its age.

[NS]

to the blogger but Sony is a multi-billion multinational with people paid millions to do their financial.

His maths is correct but his assumptions about sales in case of a price drop is just a guess. A bad guess BTW. From 1 million to 3 million?.

Sony's strategy this season is to increase the value of the PS3 while maintaining its current price. MS is focusing on being the cheapest on the market. Two very different strategies.

With the current increase in sales for the PS3. There is little or no reason for Sony to drop the price of the PS3. Contrary to what others may think. Sony in the end is running a business. Dominating the market is secondary only to getting the most profit they can make. Sony is only following their own financial plans. If something drastic happens say the sales of the PS3 dips below their targets sales then they will readjust their plans like they did early when the PS3 was launched. Mind you though, price cut is their last resort.

[dkgshiz]

is because all they do is go to the junk yard find some old used pc parts, and their you go! You have the 360! The 360 is just a dumpster diver pc.

[marionz]

a dumpster diver pc thats still out performing the ps3 big time, what does that say about you precious ps3?

[smurfie4]

I don't think people will be satisfied until the ps3 is as cheap as the 360. It wouldn't make any sense dropping the price if that is going to decrease profit. A minor price cut wouldn't have much of an effect.

[lelik]

SHUT THE F$CK UP

[roddigamer]

Ps3 is worth every single cent to day.
Why?
Because.
1.Blu-ray
2.Cell Prosesor/8 prosesor in the console
3. internet funktion/browse where you want with the ps3 internet.
4. Much more exclusive games to the ps3 then xbox360
you chose the console but if you chose the ps3 then you will make a good choice.

[Kyur4ThePain]

Why does it need a price cut?
So they can sell more consoles?

No, Sony is not in the business for sales figures. They're in it to make money. And don't throw the "software makes money" thing out there...if that were so true don't you think Sony would react and drop the PS3's price? No, there's no NEED for a PS3 price drop.

[Jammaniaclord]

I agree. I LOVE my PS3, but they seriously need to drop the price at least 50 american dollars to attract more buyers, and show the consumers that Sony is willing to compete and take care of the poorer PS lover. I worked it out to get my 60 GB for 250 American brand new with a 100 dollar Black Friday(K-Mart) coupon, a 100 dollar price cut, and a 50 dollar military discount at K-Mart last year. As much as i love my PS3, i think it will go down in history as one of the greatest pieces of gaming technology with the greatest blemishes on its track record since launch.