Top
1010°

PS3 sales "continue to lag" Xbox, price cut "likely" by E3 says Pachter

E3 is right around the corner in June, and while Nintendo's Wii U is likely to grab the spotlight with no next-gen announcements planned from Microsoft and Sony, Nintendo's rivals could apply some pressure to the market with hardware price cuts. In fact, Wedbush Securities analyst Michael Pachter sees a PS3 price drop as a likely outcome at E3.

Read Full Story >>
gamesindustry.biz
The story is too old to be commented.
NYC_Gamer1508d ago

I expect the kinect 250gb bundle to receive the price cut

GribbleGrunger1508d ago

to sum up this article for those who can't be bothered to read it:

'consoles sell according to the software available'

Razmossis1508d ago

Stopped reading at "says Pachter".

guitarded771508d ago (Edited 1508d ago )

@ Razmossis

Yeah, Patcher is a waste of life, but I too think both consoles will see a price drop at E3. Sony needs to break the $200 magic price mark. There's just something about that $200 mark that brings consumers running... even though it's only a $50 difference. MS should offer the 320gb at the $200 price point, and both Sony and MS need to have motion control system packages under the Wii U's price point. Nintendo's new console will be the must have holiday gift and in short supply, so if Sony and MS have a better priced console and readily available it will give them both monster sales this holiday.

brish1508d ago

I always find it odd how the xbox outselling the ps3 in the USA every year is news but the ps3 outselling the xbox globally every year isn't news.

http://www.vgchartz.com/yea...

http://www.vgchartz.com/yea...

KonaBro1508d ago

Brish I wouldn't use VGChartz to back up anything considering most people will just laugh at you.

As for Pachter, he's just being an idiot as usual. Sony isn't trying to beat Microsoft in sales. They could easily do that by dropping the PS3 to a price that no one could ignore. However, Sony is trying to make money and since they are the only console to make money at a higher prices then the other two consoles, I find it highly unlikely the PS3 drops in price in this year. If it does, it will be towards the end of the year in time for the holidays.

sikbeta1508d ago

PS3 will not catch up to X360 in sales...

thorstein1508d ago

Not to mention that this is just a pseudonym for "IndustryGamers" a site whose writers know nothing about the Industry or Gaming. They are just trolling for hits on their irrelevant site.

GribbleGrunger1508d ago

@sikbeta

i think you'll find that 'catching up' eventually leads to 'being caught'

brish1508d ago

Opinion: Why PlayStation 3 Will Outsell Xbox 360
http://ps3.ign.com/articles...

pixelsword1508d ago

Worldwide or US?

These articles always leave out the info that contradicts their central theme.

Edward751508d ago

@ Brish , do you live in the United States? If so that is why it matters. Prices for systems are different here then elsewhere, and if you do live in the US what products and how many that sell in different countries has little affect on here. Flip the script and say you lived in Japan... Why talk about 360 worldwide sales? It makes sense.

rhcpfan1508d ago

@brish

lol@"ign" and "opinion"

room4141508d ago

Why do articles about U.S. sales always have misleading titles?

NeoBasch1508d ago (Edited 1508d ago )

This is what I don't get. Why do people assume N4G only applies to America. N4G is a news feed for games. Period. That includes the UK, Japan, and any other nation with significant news in gaming.

MmaFan-Qc1507d ago

what Pachter say....is always futile.

DeadlyFire1507d ago

Well I was kinda already expecting that. Typically when a new generation is announced old generation cuts prices back. I could have predicted this in 2010.

+ Show (12) more repliesLast reply 1507d ago
Drekken1508d ago

Its just time for a $199.00 PS3. I don't care which model... its just time.

Hellsvacancy1508d ago

I think im gonna need another PS3 before too long, my slim takes a little while to load games, i price-cut would be handy

torchic1508d ago

I want $199 so that I can sell my black slim and get the white slim :D

then get the "Great Wave" PS3 skin oh yessss :)

Fylus1508d ago

Definitely. My Slim is sort of in a malfunctioning stage... It won't read disks after it gets too hot and it keeps corrupting my hard drive. I could definitely cough up 200$ for an all out brand new system:) It needs to happen before DUST 514 comes out though

Consoldtobots1508d ago (Edited 1508d ago )

call me crazy but if you go to gamestop.com you see the PS3 for $199 and the 360 for $139.

morkendo231508d ago (Edited 1508d ago )

U can buy 60gb ps3 @ pawnshop for 149.00 now
here in seattle.
bought second one saturday.

+ Show (2) more repliesLast reply 1508d ago
MastaMold1508d ago

The PS3 has been in 2nd place in worldwide sales for most of this year again US does not equal the world when will people understand this, oh yea and the PS3 has sold 60+ million in 5 years it took the 360 6 years to pass those numbers it looks like the PS3 has sold way faster dont you think

Dlacy13g1508d ago

When will people understand that an article speaking about NPD preview reports and US sales is not meant to represent the world? When will people stop feeling the need to "defend" their console everytime a sales related article comes up? When will people understand articles like this aren't about who is in first, second or third but about expectations on price cuts in the U.S.?

Dee_911508d ago (Edited 1508d ago )

Whats so hard about saying sales lag in US flourish worldwide ?
I think if they made it known people would understand :) however they dont......
just to answer one of your questions.

duplissi1508d ago

ill just leave this here...

as of nov 2011:
If you average out worldwide units sold per month of each console, the numbers favor Sony. Over its lifetime of 72 months on the market, Xbox 360 is averaging about 800,000 units sold per month. Over 60 months on the market, PlayStation 3 is averaging 925,000 units sold per month.

Based solely on averages, if you were to remove Xbox 360's year head start, 57.6 million units sold becomes 48 million units sold. If you were to give PlayStation 3 12 more months to sell, paralleling Xbox 360's lifecycle, PS3's 55.5 million units becomes 66.6 million units sold.

Hicken1508d ago

+bubbles.

Now, let's see someone call that a lie, or minimize its importance. It's only a matter of time.

mr_badhand1508d ago

Every year its the same thing. PS3 will outsell the 360.

How many price drops?
How many models?
How many bundles?

Maybe its time to let this issue die and move on. People keep bringing up the 360's headstart but it is what it is, a headstart.
If this issue is so important to some here then maybe we should be mad at Sony for not releasing a year earlier.

Muffins12231508d ago

Yes but usa makes up msot of the world market and is the largest market soooo it is almost the World sales when it makes up for 75 percent of the gaming inustry

Anon19741508d ago (Edited 1508d ago )

mr_badhand said "Every year its the same thing. PS3 will outsell the 360."

And every year except last year and that one year they tied, the PS3 has. What's your point?
I don't understand why this is even an issue for debate. Since the 360 had any competition, head 2 head it's been outsold. By the Wii and by the PS3.

And even though the 360 clings to it's small lead from it's time when it was sold unchallenged, we know it doesn't matter because research has shown that when it comes to consoles out in the wild, there are more active PS3's out there than there are 360's. This is what matters to the industry. It's not the slight lead Microsoft's console still clings to on paper, it's the amount of consoles out in the wild and what's moving the most software. That's what makes the industry thrive - software, nor hardware. And from the developers themselves we know that with the exception of Call of Duty - revenue generated between the PS3 and 360 are neck and neck. So in this great pissing match, as far as the industry is concerned - so far it's pretty much a tie.

Drake1171508d ago

Lol i would like to see some facts and numbers about the number of ps3s and 360s "out in the wild". Right now its giving me a picture in my head of xbox 360s and ps3s in the middle of the jungle spear fishing.

banner1508d ago

If you have to take the advantage that one console had and say, take that away and give it to the other console..... You sir look stupid!

All this moving the numbers around is stupid... As of today, ms has sold more consoles world wide. Ms is still ahead of sony by a few million some 6 yrs later some of you just have to get over it, cause new consoles will be here soon.

DK286K1507d ago SpamShow
baodeus1507d ago (Edited 1507d ago )

@duplissi and Hiken

"IF" you were to remove Xbox 360's year head start, or "IF" you were to give PlayStation 3 12 more months to sell,

Why ask IF when there is no IF, you already know the result. What is the total current console sold now, as in what is the current state of gaming consoles, in REALITY, no IF?

Here is some food for thought:

You (ps3) and me (x360) join a race. You arrived late and you remained last. So instead of asking why you lost, you said "if" you were early, you could have won.

1. Well why didn't you show up early like i did?

2. Do you ever think or would admit that it is your fault for coming late to the race and lost? Should I be blamed for you being late?

3. I'll admit, you ran faster than I'm. Everyone know You and You were their favorite while I was a nobody. I join in as a rookie which you didn't even notice since you left me in the dust from the previous race. You still take me lightly this time around, running high on your ego, so you take your time thinking you could beat me, but now you just trailing behind. Who fault is it? It is me or you?

4. Haven't you learn anything from the Tortoise and the Hare story?

5. With that said, we both lost to that old veteran runner; he was late too like you. What a shocker.

kreate1507d ago

@bao

i do like ur comment.

But between microsoft and sony, microsoft is the more ego-driven company.

Microsoft doesnt even care about sony. They're more worried about apple and google.

SilentNegotiator1507d ago (Edited 1507d ago )

@Dlacy

So it's okay to ignore the Ps3's general sales just because? Oh, well, so long as we're ONLY discussing NPD, we can say that the ps3 is "lagging" behind the 360 and SEVERELY needs a pricecut.

"When will people learn that we can ignore the ps3's general success and delude ourselves by sticking our heads in the sand with NPD sales charts? If Pachter, a supposed professional, wants to talk as if a limited scope shows he entire picture, why can't he without you evil pstree fanbois getting all over him??"

You're more than happy to ignore how the ps3 is REALLY doing in favor of NPD numbers, though. You KNOW that if the tables were reversed, you would NEVER let a portion of sales that show the ps3 favor be treated like the whole.

Trenta271507d ago

That may have been the case before, but not anymore. PS3 sales have pretty much stalled, Sony is losing billions and cutting jobs, and they are having trouble keeping people with the console. I love my PS3, but my Xbox beats him.

baodeus1506d ago (Edited 1506d ago )

@kreate

I agree with you that MS is pretty arrogant too, and that is why they are late and losing in the mobile/search market against Apple and Google; Although those are entirely different markets.

I think eventually, OS, which is MS strength, might also become obsolete.

+ Show (12) more repliesLast reply 1506d ago
donniebaseball1508d ago

Seems like MS is in the driver's seat. If they drop price, Sony has no choice.

CarlitoBrigante1508d ago

Pachter never learns, Sony won't announce any pricecut in E3 if history learns us anything. Because right after E3 its summer and its a really calm season to buy new consoles.

I expect Sony to give a pricecut around september, like they did in 2009 and 2011.

Rhythmattic1508d ago (Edited 1508d ago )

With hands flailing...

Its a kinect joke....

Sgt_Slaughter1508d ago (Edited 1508d ago )

*Shakes head back and forth with a facepalm*

Dee_911508d ago

so if sony drop the price ms will do nothing ?

DK286K1508d ago SpamShow
BitbyDeath1508d ago

@DK286K, don't know where you're from but MS dropped the price in Australia last year after Sony did.

Sony actually had their console cheaper than MS for a few weeks down here.

Dee_911508d ago (Edited 1508d ago )

@ bitby I guess he means in the US because ofcourse thats the only place that matter /s

@DK286K
The xbox 360 price dropped back in 2010 and in 2009. ps3 dropped its price in what .. august of 2011?
My original point is its doesnt matter what either one do, they will drop their prices when ever they want.Ofcourse xbox will be the first to drop its price because it was the first to come out. It doesnt take a rocket scientist to realize that.

Megaton1508d ago

Sony can't break the network effect that the 360 has, especially in America. That's why they keep trailing and that's why the 360 is having its best hardware sales of this entire generation when it's delivering the worst game lineup of damn near any console ever made. Hardly any exclusive games worth a crap since 2010, yet hardware is flying off the shelves. Sony likes to talk about "momentum", but Microsoft actually has it.

KonaBro1508d ago

Yes and that momentum has kept them in 2nd place even though they launched first.

mobhit1508d ago (Edited 1508d ago )

...Yet another person with one too many bubbles and has no idea what they're talking about.

May I remind you that Nintendo is still in the lead. Microsoft hasn't won anything unless they bypass Nintendo.

I think Sony will cut the PS3 price soon but at a time where people least expect it.

Megaton1508d ago

I love how you guys turn on and off Nintendo's existence like a light switch based on whether or not you're talking about Microsoft's sales.

Nowhere in my post did I say they "won" anything. They're simply not going to be overtaken by Sony. They will always stay a slim margin ahead. Sony almost had them a couple years ago when the gap was down to around 500k, but now it's back in the millions and continuing to grow. You guys can only deny reality for so long. Frankly, I didn't think you'd still be doing it for this long.

Sony's price cuts have had zero effect on Microsoft's hardware sales. They've proven that not only do their competition's price cuts not make a dent in their units moved, but neither does delivering nothing but terrible Kinect games. It's an anomaly how they manage to keep shifting so many units while doing so many other things wrong. A real testament to the network effect and over-aggressive advertising.

Drake1171508d ago

Kinect is what has been selling xboxes the last few year...its not an anomaly at all. Yes the hardcore gamer hates kinect and laughs at its lineup of games but the average gamer, families, or any one else buying video games loves the damn thing.

+ Show (1) more replyLast reply 1508d ago
otherZinc1507d ago

I agree!

@Baodeus,
That above comment is the current comment of the year!

Spot on.

If SONY is beating 360 in "Worldwide" sales by "their (SONY'S) numbers"; why did SONY have a "Worldwide" price cut this past year?

SONY's numbers are shipped & they need to get rid of that stock thats sitting in warehouses around the world.

+ Show (3) more repliesLast reply 1507d ago
Cocozero1508d ago

Its incredible that MS managed to be the No.1 console last year without cutting price. In fact the 360 hasn't had a price cut in about 3 years now only new models so they must be raking in the $$$.

If they are smart they would cut the price of the 360 right before the launch of Halo 4 for another mega sales boost.

Dark_Overlord1508d ago TrollingShow
CGI-Quality1508d ago (Edited 1508d ago )

The 360 didn't sell the most to consumers last year. They shipped more, but the way I understand it, the PS3 sold more to consumers. Only source to go by in such a case is VG Chartz. Take that for what you will, but I don't know a more credible source.

OT: Perhaps he means the US / UK, because everywhere else, the PS3 sells more than the Wii and 360 weekly.

Dlacy13g1508d ago (Edited 1508d ago )

The only source to go by is what the companies themselves report...not VG Chartz...not NPD's ...but what Sony, Nintendo and MS have to say end of story. Their financial reports are the only true source. FULL STOP

edit: @CGI-Quality..."but I dont' know a more credible source"? How about the companies themselves and what they reported:

http://www.eurogamer.net/ar...

http://socialbarrel.com/xbo...

room4141508d ago

dlacy doesn't understand the difference between shipped and sold to consumer apparently

k-dillinger1508d ago

umm well how is that possible ps3 fiscal cycle just ended on march 31 for 2011 so how did they outsell them last year when numbers for Sony weren't in yet jeez talk about stretching there numbers

Wolfbiker1508d ago (Edited 1508d ago )

I cant believe there are people missing out on all these great ps3 exlusives.

xPhearR3dx1508d ago

Different people have different taste. Wii killed it this gen in sales, but for me personally, I'm not missing anything by not owning one.

Rhythmattic1508d ago

I understand what you are saying, but as much as WII sux, there are GAMES we are missing out on...

But for the fun of it...

Its a matter of "whats more important" to you as a gamer....

Zelda OR Halo

Mario OR Killzone

Easy really... Nontendo

antz11041508d ago (Edited 1508d ago )

...or they could multiplat and have both? Yeah, theres that too. EDIT: And by that I mean own multiple consoles, lol.

Wolfbiker1508d ago

Nobody buys a console for multiplats....maybe multiplayer but not multiplats....that's mental.

SuperLupe1508d ago (Edited 1508d ago )

Dude I have a PS3 and I didnt care for 99% of the PS3 exclusives that came out last year except for UC3. I mean Twisted Metal came out not too long ago and I still have to even read a review or watch a gameplay trailer for it.

I dont give a damn if a game is exclusive or not, as long as it appeals me thats where I'll go.

Its pretty clear that its the same for tens of millions of gamers (360 anw Wii only owners) and dont forget the millions of PS3 owners who dont buy PS3 exclusives but only play FIFA/Madden/COD.

Theres a reason why so many multiplats sell better on the PS3 than PS3 exclusives.

mr_badhand1508d ago

Amen, exclusives are important but what is the point if they're not appealing.

Wii has the MOST exclusives out of all three systems, yet most of them are not what I would like to play.

Quality not quantity.

Imalwaysright1507d ago

If you really believe i what youre saying then why the hell are you buying consoles? Just build yourself a PC. Seriously buying consoles for multiplatforms is idiotic at most and i say this being mostly a console gamer. BTW i hope that you dont have a 360 as it would be a redundant piece of hardware to have and a waste of money,

AusRogo1508d ago

It might not sell more, but by god does the machine have some of the best exclusives! Proud owner since 07, and its still goin

mobhit1508d ago

Yep. I have nearly every PS3 exclusive in my library. I have all three uncharted games, all three Resistance games and both Little Big Planets.

So many exclusives to play....