Nintendo Drops GameCube Price to $150
DarkZero writes: "According to Planet Gamecube, Nintendo, as was expected, has dropped the price of the GameCube to $150. As the consoles currently stand, the GameCube is $50 cheaper than both the X-Box and the PS2, letting it retain half of its price edge on its competitors. Neither Sony nor Microsoft has commented on it yet, but Microsoft might decide to lower the price of the X-Box a little bit more in retaliation. Yay, competitive pricing!"
MS might just be totally confused! "You mean we have to lower our prices to sell stuff?"
This is how capitalism should work! Competitive pricing is great for all involved: the consumer gets the best possible deal for the product, while the manufacturer is rewarded with high sales for their product. It also encourages companies to create products that satisfy the consumer's needs(aka - what the buyer wants).
Way to go!
Attention all planets of the Solar Federation! We have assumed control! - Neil Peart
All this "console war" is great, but still can't afford 60+ for a game that's going to last me less than a week.
What you don't realise, nintendo has a nice chunk of change stored up as well... seeing as they own Pokemon which is what helped them through the N64, and they have been making money from their Cubes since day 1. Nintendo isn't going to be pushed out of the hardware market any time soon.
Blink
...to match their competitor they nearly drove Netscape out of business.
Just a thought...
As much as competitive pricing is a good thing, I hope there's some margin left at the end of the day or this market will turn into a winner take all for whoever's got the motivation and money to stick it out.
My next sig will be ready soon, but friends can beat the rush!
Microsoft and Sony will use their cash to push Nintendo out of the hardware market.
It's not quite that easy -- Nintendo also has tons of cash, because of the success of the GB/GBA; they're actually quite good at making money, even if they lag a bit in the hype department. Microsoft could probably do it if they bled money like mad for a long time, but I'm not sure even MS is that crazy.
All the players in this war are strong, and I think they're all in it for the long haul. And remember, Nintendo, unlike MS & Sony, doesn't do anything else except games -- they can't afford to lose.
We live, as we dream -- alone....
Give away the razors and sell them the blades...
-S
--- What parts of "shall make no law", "shall not be infringed", and "shall not be violated" don't you understand?
Sony (holding royal flush): I raise you $1.
Nintendo (holding 4 aces): I'll see your $1 and raise you $2:
MS (holding jack-squat): I'll see your $2 and raise you A MILLION BILLION DOLLARS.
Sony: Fold.
Nintendo: Fold.
MS: Mwahahahahahaha.
No, wait, maybe he was philosophising on something else...
...we are from the government - we are here to help...