GameStop's CEO said Thursday that the price Sony's PlayStation 3 may be a bit too high.
lol not surprised everytime i call gamestop this what they say "hey thanks for calling gamestop we have xbox 360s in for 199"
about those systems when they were that price? did we ever hear 360 was too pricey at £299 and hardware wise it offers alot less than ps3...ps3 at £425 was pricey, £299? a friggin iphone costs more and its sales havnt slowed, which proves its not price coz you get alot for the £299 its sonys terrible marketing it sucks,people see multiplats see the 360s cheaper its a nobrainer, market the strentghs of your machine and the exclusives which they better fix it for kz2 i want to get sick of seein kz2 ads
Which 360 you're talking about? We should be looking at the entry model prices.
Im a salesman and I dont understand the logic in these CEO´s! If the machine is pricey the more profit they receive from selling it! They do receive a profit from it! Dont think otherwise! The higher the console price the higher their profit. This guy is a douch! If he´s selling videogames he shouldn´t take sides! He should sell whatever gives him profit! Yes, we all know the PS3 is expensive, this guy aint no genius and it doesnt suit his position to publicly say this kind of things. Its like Ferrari saying ´´Hey, we are expensive!`` Of course they are! But they are the best brand in automobile manufacturs! My 2 cents!
Tell us something we dont know... :/
@GrieverSoul As a salesman, you should also know that the retailer will push whatever makes them the most money within their inventory. Console is not where the money is at, but rather games and accessories. Dropping $200 on a console makes it a little easier to drop a little more money on used games and accessories (most profitable items). Retailers reportedly make almost nothing on consoles. Sony's PS3 is at the higher price level, not because Sony is greedy (at the moment), but rather because manufacturing cost is high. If Sony could drop the price without significant loss they would, why give away market share to MS in such an important phase of the console life. Price is the biggest factor holding back the PS3 at the moment. As a business man, GameStop CEO utterance makes perfect sense. ----------------------------- --------------------------- @MURKERR It is relative pricing. If the 360 at half the price (in the US) can do almost the same as a PS3, why pay extra? Is the extra features worth the extra money? Clearly in a slow economy, people are willing to save some money up front. It is kind of like the next neighbor syndrome. If you make $100k, but your neighbor made $4 million, do you still consider yourself well off? Would you be happy? Most people would probably say no. Humans measure things relatively, not absolute....
.. @ideallee, thing is 360 CANT do almost the same as the ps3 it cant play bluray,surf the net,bluetooth,use sata harddrives,and extra costs are rechargeable controllers,wifi,online which is all standard on the ps3...see the £299 price seems more reasonable now doesnt it, its all down to lack of marketing why the ps3 is this price which is sonys downfall
The ps3 is a good machine but so is the xbox360 and I preffer the 360's more comfortable controller. ----------------------------- ------------------------------- ------------ Please visit my N4G blog: http://www.n4g.com/up/71218...
I figured that out the second they said he was the CEO of Gamestop... And the PS3 may look to cost more but we as gamers and lovers to entertainment know that it is a package deal and what you are getting for the price is well worth every penny.
I see your point but maybe you and others didnt understand where I was trying to get at! If I walked to my boss and say: ´´U know what, this object is to expensive! Why dont we drop the price on it in order to sell more accessories for it?!`` My boss would walk out the room, come back with an envelope and say he doesn´t want to see my face again! In your CONSUMER point of view, youre right! In a sales wise point of view this CEO should say that the price comes along the package. ´´U get a blu ray player, a media center and a Playstation with it! Its a good deal for 400€!`` U dont agree and neither do I because we just want to play games! No more, no less! But its all in the way of saying these things in a positive way! As a CONSUMER you may not agree with me, but in the busines world things are a little diferent!
360 on its 3rd year, and manufacturing is prob cheaper, which is why the 360 dropped in price, while ps3 is only on its 2nd year, were manufacturing might be still expensive, hence the higher price...im sure if ps3 was on its 3rd year just like the 360, they would be price matched exactly, if not maybe 1 cheaper than the other by a little bit, but not double the price...
I agree with IdleLeeSiuLung. I am wondering that in trying to differentiate between consumer and business....that you failed to see how both combine. For instance, in the scenario you gave.......I do not believe it would be that cut and dry.....because figures could be produced to show how it balances out. Look at a company like gamestop.....they sell used games for $54.........now, how many trades/sold games do you think they see in a given day....versus how many transactions for consoles/hardware? They understand the bulk of their monies comes from games/accessories.......and the only way to sell more game and accessories.......is if people are buying consoles......and people are more willing to buy consoles if they are cheaper. As people have said over and over......the money is not necessarily in the hardware, but the software. If console makers often start out selling their systems at a lost, how much profit do you really think Gamestop would be making off of them.
@GrieverSoul I'm telling you that any boss will see dollar figures. If you can show the dollar figures, then he will follow. If not then he is not fit to be your boss and the company is badly managed. Then the company will go under and you better get out. The scenario you listed does not give me enough background to comment on. Why would you want to drop the price to sell more accessories? Unless profit from accessories can cover the loss of lowering the price over a large portion of customers? Also, are you the retailer or the manufacturer? Both have different agendas. ----------------------------- ----------------------- @MURKERR It is not about the features the PS3 brings to the table and I think marketing might have a little to do with it, but the bottom line is that Sony's ability to price the machine is the root of all problems. Consider this: - Marketing is dependent on money the company has to delegate. Lower profit, lower ability to market the product. - Lower prices (not always, but often spurs additional sales), but if the machine is at the break even point lowering price is obviously not very wise and in return lowers the amount of money the company can use to further invest into the PS3 business. Sony is in a peculiar situation and price is the main problem here. On a side note, since you mentioned rechargeable batteries on the PS3. This is the one big grief I have for such a high end machine. On the Wii and Xbox 360, they use regular AA batteries. This means I can buy regular rechargeable batteries (recommend enerloop) and I can pop a new one in when the old one wears out. No need to buy an expensive clunky setup. On the PS3, it is attached to the controller. Batteries run out, I have to plug it in using the 6ft cord Sony gave me. I sit fairly close to my TV and 6ft cord is barely enough if not a tad too short. In addition, when the battery fails I have to unscrew the darn thing to replace the battery and I'm not even sure you can just buy the battery in the store. This is a bad design in my opinion and is also one of the reason I dislike Apple products such as the Ipod. Does the Zune have this problem?
Interesting comment,I'm positive it will be spun into "GameStop CEO says Ps3 sucks" or something of that nature
The fact it's even been approved is spin enough. What are we supposed to say? "Interesting theory.. Pity I hadn't thought of it earlier." This article is lame.
myothercar please PM me the full pic of your avatar
#1, should they say otherwise? Offerings is key not hype. I guess consumers will determine that and that is not a good sign right now if ever again.
when did Captain Obvious become the CEO of GameStop?
hahahahaha that one made me laugh so hard :P good one!
The only question is when. They could go back to losing over $100 on every system, or wait until the Slim PS3 is announced and released to drop to that price point.
Sombody has a slim out on the market in the the new generation? lol
Is a great machine but its pricey? This just doesn't make any sense! Because its a great machine, it cost! You get what you paid for, The End.
Sony's HDTV's cost but they are sub-par compared to other cheaper TV's
Actually, unless you can back up your fallacious argument with facts, your opinion will be relegated to the land of make-believe.
i have a Sony 52in Bravia and im very happy with it. Most ppl who see it think its the best looking picture they have seen....Maybe its because BR so yea
actually samsung been wiping the floor with sony on the tv front for offering better quality at a lower price. read up and get off sony's nuts.
thank you Captain Obvious. What an ingenious comment. This just in!! Gamestop CEO is grossly underpaid. He can't afford a PS3. :O
errr... aHUrh. Your point being? Since you say its sub-par why don't you give a more in-depth description to prove your point? Anyway, the article is about the PS3(console!) WTF IT GOTTA DO WITH THE HDTVS!? As much as I know about consoles, PS3 is more profitable than its competitors. *Full HD output 1080p,60FPS! *Blu-Ray Player FOr future gaming and media Works perfectly fine with PS3 Media Server Making the PS3 the ultimate media on the market! *LINUX! Capable of installing Linux making it just as good as a Windows, or MAC PC! *Great free features User Web-Browser HOME *Wifi GO anywhere connect anywhere *CELL The most powerful machine on the market even IBM is using it for their super computer! *80GB of Hard disk space *Free Online, Free Downloadable Contents No need to pay $50/yr. *Amazing Line-up of Exclusives God Of War 3 KillZone 2 Uncharted 2 Final Fantasy Versus 13 Gran Turismo 5 Heavy Rain And, alot more... All this for ONLY, say it with me "$399-$499" !!
You said it and your right
I flushed my ps3 down the toilet.
how many flushes did it take...
Just the one Flush . I weigh 1235 pounds so my toilet was specially made.
Whenever I really want something thats a little pricey, I always say to myself, "Hey, you only have to buy it once." This isnt true for everything of course.
Hey man if you cant afford one just get/enjoy your Xbox 360, its a great console for the price with many great games Just save up and look into getting a PS3 for the Blu-Ray, more and better apps, great multi-media machine and amazing exlusives already out and to come
I for one am happy I payed the amount I did for my console. EU Released PS3
..gotta get rid of inventory..
Too bad his costume changes so often. Remember the horrible brown? LOL.
tell somethin that we dont know
My eyes are brown.
This has been said for months now and Sony will do nothing about it.
well lets hope for e3 then kuz right now the economy sucks right now and i wouldnt blame them
*looks at his ps3* no complaints here..
Doesn't that mean MS would have a 360 model that is more costly, yet less feature filled than the PS3? Aren't the Elite's $399? How odd would that be?
i work there....and i have got 3 re-stocks of 360....while we sell 2 ps3's......3 drawers of 360 games and 1/2 a drawer of ps3 games.....7 foot wall of ps3 titles......14 ft 360 wall
For Jasper units are those pretty handily available nowadays? I'm looking at getting a 360 soon, but want to be sure we get a Jasper unit.
samsung tvs are garbage. if you are playing on a samsung tv, then you havnt seen TRUE HD. I own a LG lcd full 1080p 42" tv and it is marvelous. everything is crisp, you have to adjust the settings, dont rely on the store displays because they set the pricey tv's to near perfect color levels and tone down everything else. As for Gamestop, it is clear they are completely biased because the ps3 users want to buy NEW games from them and not used, thus, gamestop only makes a few bucks on games sold. Why would people want new games you say? because any gamer worth his salt reads and hears about the doom and gloom articles of the PS3 and go out and try to support it. I have bought all of my ps3 games as new and I have never traded in anything for it. I buy my 360 games used because microsoft does NOT need anymore money from ANYONE. Edge card works when you wait for the right trade in specials, I traded in a psp, some ds games, 2 psp games and a few 360 games and got $350 which I used to buy more NEW ps3 games. they were pissed. Bottom line, Gamestop only cares if you buy used games and preorder from them EVERY time you go in. Ps3 users dont really have a need to preorder because we can buy the games anywhere. bottom feeders who preorder Madden every year are retards, as even 7-11 sells madden (and other big name games) now. If we truly want to change how people view the PS3, support it by buying new games, spend the extra $5 and support a cause you believe in. Anyone saying Sony doesnt really need money, I agree, but its better to support a company who wont nickle and dime you to death than it is to blindly follow a thief.
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