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Wal-Mart's $100 Gift Card Boosts PS3 Sales "selling out of inventory"

TVpredictions.com writes: (June 10, 2008)

Wal-Mart's $100 gift card offer is driving more sales of the Sony PlayStation 3, which has a Blu-ray player inside.

That's according to an article by Home Media Magazine.

From June 8 to June 14, Wal-Mart is offering the $100 gift card with the purchase of any Blu-ray player. (The gift card can be redeemed for any item in the store.) However, Home Media reports that retailers say consumers are going for the $399 PS3 and ignoring the cheaper $298 standalone Magnavox Blu-ray player.

Retailers and analysts say consumers believe that the PS3 is the best Blu-ray player on the market because it can be updated for future 'Profile 2.0' interactive features while the Magnavox (and many other Blu-ray models) can not.

"I'll bet a lot of people at the stores, and those that read up on their purchases, know this," analyst Rob Enderle told Home Media.

The publication contacted several Wal-Mart stores in Southern California and found them selling out its inventory of the PS3 while the $298 Magnavox gathered dust on shelves.

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eagle213713d ago

The deal is too good to let pass.

Genesis53713d ago (Edited 3713d ago )

Looks like June will be a good month for the PS3.

Edit:
OMG I finally agree with Patcher and what he said at the end.

PoSTedUP3713d ago (Edited 3713d ago )

GET ON BOARD!! lol! haahahahahahah

http://www.youtube.com/watc... <------watch!

GET ON BOARD..

Th3 Chr0nic3713d ago

My friend bought one of these on wednesday and iwas with him, he was told that the gift card could only be used to purchase blu ray ONLY. they made sure to stress that to him. But the giftcard he was given appears to be a plain standar walmart gift card with no details about what can and cannot be purchased, i told him to wait till the deal was over and then try to buy something other than bluray and see what happens.

he also grabbed cod4 used from gameslut er gamestop and it looks tits on his 42inch hdtv

ghostface3713d ago

Well when i got my gift card i was told i had to use it by 12oclock midnight,the same day i pick up the bundle.

aceitman3713d ago (Edited 3713d ago )

thats cold and not right

brado3713d ago

I've had 3 WalMart employees at 2 different locations tell me the 80GB/MGS4 Bundle is already deleted from their system (a day after release) and they won't be getting any more. They go on to say the 80GB is getting replaced by a 120GB. Anyone have any insight on this?

aceitman3713d ago

yes that was 80 gig mgs4 bundle and it was limited .next 120gig with what else in it ???????????

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