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Sony Drops PS2 Price to $129
Conradq writes "Effective immediately, consumers can purchase the PlayStation 2 computer entertainment system for a suggested retail price (SRP) of $129.99. Previously the console was priced at $149. The company opted for a subtle reduction in price ahead of this years E3, instead of a more dramatic $99 drop."
Actually, anyone really serious about picking up a PS2 nowadays need only hold out until the PS3 release, and the resulting flooding of the used PS2 market.
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Looking back at the PS2 over the past six years it is staggering just how good Sony is.
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Sony and the PS2 has a chance of hitting 115-120 million by the time the system goes out of production in the next few years. The PS2 will most likely sell more units starting this year until the system goes out of production in the next few years than either the GameCube or Xbox did over their entire lifetimes.
The PS2 is a technological masterpiece. The PS2 hardware was pretty much finalized back in 1997 and just look at the new God of War 2 footage from GDC:
http://youtube.com/results?search=god+of+war+2&se
No wonder Sony's six year old console has been outselling Microsoft's new console by a wide margin in all three regions and this is before the price drop.
abandoned in less than a year? you do realize that the PS1 production just ended over 5 years into the PS2's life span. the PS2 isn't going anywhere.
I doubt the PS2 will be abandoned within a year. They've only just stopped producing the PSOne, FFS!
No, there'll still be new PS2 games coming out for a couple of years yet - the installed base is huge, so it doesn't make sense for publishers to jump ship too early to the PS3 until the installed base for it gets bigger. Even when the number of new titles begins to taper off, there'll still be a huge back-catalogue of secondhand games to be gotten cheaply.
I see it like this: PS2 games won't start to taper off until the end of 2007 or the beginning of 2008. There'll still be quite a few titles coming out for a year after that. It wouldn't surprise me if there are still a few games trickling out in 2009! If you buy a PS2 now, that's still 2.5 years of new software to look forward to. Combine that with the huge back-catalogue, (much of it available very cheaply or secondhand) and it makes a lot of sense, especially if you don't have a HD TV or are a bit strapped for cash.
While it would be nice if the PS2 dropped to $99, there's no reason for Sony to cut that price if they are still selling like crazy. Might as well maximize that profit while you can!
Do you think when the PS3 comes out the same will happen on Ebay like it did when the Xbox360 came out? Remember the thousands of auctions where people were willing to pay thousands for an Xbox360? I wonder if the next time a next-gen console comes out if the same thing will happen. I've heard plenty of people saying they plan to pre-order 2 or 3 PS3s in hopes to double or triple their money on Ebay. I guess we'll see.
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Maybe I'm silly, but don't people who pirate movies skip the whole going-to-a-movie-theater thing? Damn goofy MPAA.