Sony discussed the dangers in getting caught up in a price war, no matter the market or asset.
But a $50 cut wouldn't hurt (my wallet)
This something I have said myself. Price wars are dangerous to the market. I got marked for trolling for saying it when MS desperately cut the price of the xbone last year. I even argued with the mods about it. I turns out what I said was true
But there has been no price war... Just market adjustment. In a healthy market, supply and demand influences prices... That is exactly what happened with Xbox price drop. A 'price war' would imply that all parties are racing to the bottom in knee jerk reactions to each other's pricing. That was never going to happen here... Sony is going to keep the price high enough to continue making a profit. They have so much market share, they need not be worried about MS' prices. When demand for the PS4 drop to below optimum, they well adjust the price accordingly. And not a moment sooner.
hold on, can I get an XB1 with Kinect for less than 499$ US at major retailers?? I just checked, no I can't. There was no XB1 price cut, only the unbundling of the Kinect.
Hit $299, watch more records break. Humans have a tendency to oover analyze and rely on statistics, and make what they call "informed decisions" but the proof is in the pudding; that doesn't always (or I submit, often does NOT) work in practice. There's no alternative to common sense. If you can afford to hit $299 then do it. More games and more fans, you can't go wrong.
$299 You get PS4 + one game, end of this year.
PS4 349.99 will be announced at E3.
with 1 TB HDD, yes.
Hopefully. I'm waiting for this year's E3 for confirmation, since i want a PS4 in order to enter da next-gen:)
@2WickedLester I think E3 has a 50% chance for a price drop or a 1TB SU. Gamescom has a 100% chance for an entire PlayStation brand price drop PS4 $349 / $399 (500GB / 1TB), PSV $149, PS3 $149 / $199, and PSTV $49. The only reason I think Gamescom is more likely is so that they can keep a big announcement for the show, but more importantly so they can maintain max summer profit off of games like Batman and possibly MGS5 (both are likely Summer games), and keep momentum going throughout they year with the Announcement in late August and the price cut happening then or the first week of September. It also gives space between the XBO price cut which I'm almost 100% sure is dropping down to $299 at E3 for the 500GB model, and allows them to see just how much impact the new Xbox price will make, as well as a potential Wii U price cut. Let them duke it out for summer sales, then they can steal the holiday season with their own price cut.
Sony isnt going to Gamescom this year
@BiggerBoss, Yes they are. They're just not doing a press conference.
@wicked Yeah, and a press conference would be where theyd announce a price drop...
This is why you never want a monopoly situation, great for the company but bad for consumer. Good to see some healthy competition in the console market so these companies cannot rip off the consumer and maintain inflated prices for entire lifecycle.
The PS2 monopolized the gaming industry and I never heard anyone complaining. It's often regarded as having the best, most prolific library of games of any platform ever.
Monopoly means you have no other choice. The company with a monopoly can set whatever price they want and be as crappy a company as they want in the scenario of a monopoly because they don't have to worry about competition. There were several consoles available from different companies other than Sony at the time of the PS2. They had no choice but to compete against the likes of Nintendo, Sega and Microsoft.
That gen was really only better for RPGs and platformers, everything else was better last gen.
Anyone thinking that Sony is saying this to catch the competition off guard? Reminds me of when they said they wouldn't announce the PS4 anytime soon and they did. I just hope Sony doesn't do anything crazy because the PS4 is selling great and doesn't really need a price cut. But a 50$ cut for the holidays wouldn't be such a bad idea.
I just think they're resting on their laurels, when it's selling as well as it is, why sell for cheaper? That said, they may drop the price after last months NPD
The difference was only 10k though so I doubt they will drop the price because of the puny difference in sales. I'm guessing they are waiting to see how many PS4s The Witcher 3 and Batman will sell before deciding to drop the price.
I think we may get a 1TB HDD first, with maybe a $50 price cut before Christmas.
Sony would be crazy to cut the price, it's got an 11 million unit lead over the X1. Why does everyone want to see a pricecut? To have even more bragging rights? I get the feeling you guys want to see 3:1, 4:1, or even 5:1 sales just to feel good about yourselves.
Well here's a question. What would happen if the PS4 achieved a 5 to 1 sales ratio with the XB1? That would mean that Sony would own a massive amount of market share and that many 3rd parties would produce exclusives for them. Not to mention it would mean way less risk for developers which could encourage the development of new IPs. Just like the PS2 days. It isn't just about having bragging rights look what the PS2 and the PSX contributed to the industry by having a massive amount of market share. Now while I always believe that more competition is always better the competitors have to be worthy of competing with each other. That's the way this business works.
Sad thing is 99% of gamers that post n read our threads, has already spent the $500, $349, $399 on ps4 n x1... So it's kind of a waste of thread for this cause we all done bought the systems!!! So it really don't matter if they cut price or Not
Yet its ok when Sony drop prices. Remembers back to when the saturn was original PS were being announced at E3. Sega went first and had an informal agreement with sony over the console prices. Saturn price was announced, then sony went second and announced a price $100 lower. Took everyone by surprise, especially Sega. Basically killed the saturn and Sega, they never really recovered. Sony is just coming out with this as they are financially in a precarious position company wide and need the playstation dept to make as much as possible, Lower prices benefit consumers, they do not benefit share holders in the short term
It's okay to do a price cut once it's been at about the two year mark, which is a reasonable amount of time for the first price cut.
To be honest I can see Sony introducing different skus before a price drop. It still sells very well. I can see them putting in a larger hard drive and then drop that price later
Prediction - If and when Sony decides to cut the price of the PS4, MS will soon follow with another price cut for the X1. A $50.00 or a $100.00 price cut for the PS4 will result in at least another $50.00 price cut for the X1. If MS goes to $300.00 first, Sony will almost certainly follow with at least a $50.00 price cut. So, there will be a price war whether or not Sony wants one because, even though the market has shown that the PS4 is very competitive at $50.00 more than the X1, a $300.00 X1 versus a $400.00 PS4 would almost certainly turn the competition, especially in the US and UK markets, strongly in favor of the X1.
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