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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.

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buy a ps32734d ago (Edited 2734d ago )

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

ThanatosDMC2733d ago

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 Bottom2733d ago

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.

Socom2733d ago

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.

thebudgetgamer2733d ago

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.

:)

uie4rhig2733d ago (Edited 2733d ago )

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..

SaiyanFury2733d ago (Edited 2733d ago )

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 Gambler2733d ago

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!

gaffyh2733d ago

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-Brad2733d ago

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

:)

Jake11112733d ago SpamShow
+ Show (7) more repliesLast reply 2733d ago
CrippleH2734d ago

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 Dole2733d ago (Edited 2733d ago )

How did you get so many disagrees???!

+bubbles :)

GarandShooter2733d ago

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.

Raz2733d ago (Edited 2733d ago )

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.

LastDance2733d ago

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.

season0072733d ago

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

ultimolu2733d ago

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!

XxZxX2733d ago

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

+ Show (4) more repliesLast reply 2733d ago
WinterWolf2734d ago

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

Hagaf222733d ago

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

GarandShooter2733d ago

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.

PirateThom2734d ago

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.

PirateThom2733d ago

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?

thor2733d ago

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

PirateThom2733d ago

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

BWS19822733d ago

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

Oner2733d ago (Edited 2733d ago )

"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...

house2733d ago

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

RememberThe3572733d ago

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

+ Show (4) more repliesLast reply 2733d ago
Danja2734d ago

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...?

Danja2733d ago

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..

Socom2733d ago

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.