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Rumor: Circuit City employee says PS3 will be cut to $499.99

The employee claims that the store receives its ads 2 weeks in advance and he has seen the ad for July 15th to the 21st, which has the PS3 advertised for $100 less than normal at a retail price of $499.99. Sony will still allow for the five Blu-ray movies offer to be used in conunjction with the price cut, and the new price may be announced during E3...

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MannyHarlem1413702d ago

you'r a retard, buy a wii and kill yourself, you h0mo... it has a blue-ray drive and wi-fi.. they cost like 800 to manufacture you tool.

VirusE3702d ago

MannyHarlem141 not agreeing with his opinion is one thing but you dont have to be a jerk about it.

shysun3702d ago

Oh hell no it's not!For what you get, the damn thing could still be 600$!

nasim3702d ago

i mean with a 2$ DVD drive + watered down processor + garbage games except GEARS.

x360 should cost 200$ at best.

above all that GBOX 360s are 60% defective

coolmatrix3702d ago

Shockwaves were sent throughout the gaming industry when Sony announced the new pricing for the Playstation 3 console.

Marketing has proven that many consumers will react to the "bandwagon approach." How long will that last is only a matter of time.

That was until the PS3 $299.99 retail price.

With the PS3 at $299.99 Sony effectively demolished the competition before they even had time to react.

Gamers around the world were sent into a frenzy as retailers everywhere had to respond to the feverish demand for the PS3 even greater than at launch.

Resistance and Motorstorm franchises both 1st party titles utilizing the supercomputer Cell and BluRay effectively showcased to new owners the beginning of years of entertainment value for their initial investment.

The Wii at $249.99 no longer was a bargain that it once was. Sales came to a screeching halt as buyers rejoiced in Sony's bold move to make their favorite console affordable to the masses. Lowering the Wii price too close to the DS Lite made no difference!

The Xbox360 demise was even more breathtaking. With the PS3 undercutting the Core, Premium and Elite models which has no high definition DVD standard, buyers ignored the 360 enmass.

Even if MS tried to discontinue the Core and Premium, the Elite HD DVD add-on is $199.99 plus the price of the Elite was more expensive than the PS3.

HD DVD suffered tremendously since no one cared to much about the 360. Blockbuster announcement)

The one title that push the PS3 seemingly into every home was LittleBigPlanet.

Once the title was released the developers were smart enough to create Plush Toys for children and collectibles for adults.

They spun off LBP into a kids learning software title for the PS3 that taught the alphabet, spelling and math.

The cute characters became the next Elmo and Barney phenomenon!

Sony PS3 captured the imagination of music players, karoke singers, next-gen gamers, researchers aka Folding at Home, community fans with Home, avid movie buffs and children with LittleBigPlanet bringing families a true family entertainment experience.

With Blu-Ray players seeing a 50% drop from $999.99 to 499.99 the same goes for the PS3 from $599.99 to $299.99.

$299.99 was the SWEET SPOT for the console.

Sony will leave the price at $299.99 until 2010. Expect NO MORE PRICE CUTS!!

Stroke of genius!

+ Show (2) more repliesLast reply 3702d ago
Blackmoses3702d ago

that's what I was expecting a $200 dollar price cut is too drastic of a cut. But would defintely perk everyone's attention. $500 bucks well, ok less thinking about it, but a good buy (Kinda!!).

coolmatrix3702d ago

Shockwaves were sent throughout the gaming industry when Sony announced the new pricing for the Playstation 3 console.

Marketing has proven that many consumers will react to the "bandwagon approach." How long will that last is only a matter of time.

That was until the PS3 $299.99 retail price.

With the PS3 at $299.99 Sony effectively demolished the competition before they even had time to react.

Gamers around the world were sent into a frenzy as retailers everywhere had to respond to the feverish demand for the PS3 even greater than at launch.

Resistance and Motorstorm franchises both 1st party titles utilizing the supercomputer Cell and BluRay effectively showcased to new owners the beginning of years of entertainment value for their initial investment.

The Wii at $249.99 no longer was a bargain that it once was. Sales came to a screeching halt as buyers rejoiced in Sony's bold move to make their favorite console affordable to the masses. Lowering the Wii price too close to the DS Lite made no difference!

The Xbox360 demise was even more breathtaking. With the PS3 undercutting the Core, Premium and Elite models which has no high definition DVD standard, buyers ignored the 360 enmass.

Even if MS tried to discontinue the Core and Premium, the Elite HD DVD add-on is $199.99 plus the price of the Elite was more expensive than the PS3.

HD DVD suffered tremendously since no one cared to much about the 360. Blockbuster announcement)

The one title that push the PS3 seemingly into every home was LittleBigPlanet.

Once the title was released the developers were smart enough to create Plush Toys for children and collectibles for adults.

They spun off LBP into a kids learning software title for the PS3 that taught the alphabet, spelling and math.

The cute characters became the next Elmo and Barney phenomenon!

Sony PS3 captured the imagination of music players, karoke singers, next-gen gamers, researchers aka Folding at Home, community fans with Home, avid movie buffs and children with LittleBigPlanet bringing families a true family entertainment experience.

With Blu-Ray players seeing a 50% drop from $999.99 to 499.99 the same goes for the PS3 from $599.99 to $299.99.

$299.99 was the SWEET SPOT for the console.

Sony will leave the price at $299.99 until 2010. Expect NO MORE PRICE CUTS!!

Stroke of genius!

razer3702d ago

Otherwise, this could be a store promotion for all we know..

Sony has not been keen on a price-cut. They first came out and denied it and then said it's always a possibility..

Violater3702d ago

people in Europe are ritch. Joking Joking...

Anyway I think $475 is the sweet spot. so after taxes its still about $500 and throw in Genji and Talladega nights lol

Vojkan3702d ago

You know, you can order it from Amazon, as i am going to do. There is no way i am going to pay double price for PS3, don't care who gets my money...i am not an idiot(at least i think so :-) )

LSDARBY3702d ago

I dont think that will improve sales tbh, unless they drop the 20GB by $100 aswell. Then you will see sales increase.

Syko3702d ago

There is no more 20gig model.