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Sony Rejects PS3 Price Cuts

Posted by Zonk on from the i-cast-thee-out dept.

Despite hopeful comments by analysts, Sony has gone on the record (again) saying that it has no plans to cut the PS3's pricetag any time soon. Next Generation reports: "'PS3 prices and shipment plans for the future should be determined by market trends and competition. Sony currently doesn't have any specific plan to cut the PlayStation 3's price.' Analysts believe a price cut is inevitable, as the company struggles to catch Microsoft's early lead with Xbox 360, and the $250 Wii continues to sell as many as can be produced. However, Sony's plan has generally been to hold tight and hope that demand for Blu-ray drives will increase, by the end of this year." Relatedly, the company has outlined releases for the second quarter of this year on the PS2, PS3, and PSP systems.

2 of 187 comments (clear)

  1. PS3 currently selling better than the 360 by SuperKendall · · Score: 3, Interesting

    You don't tell the public that a poorly selling, expensive product is going to be $100 cheaper next month

    Generally you have the right idea but PS3 sales are actually not all that bad - it's currently at a higher sales rank than the 360 on Amazon, and has been since March 23rd when Amazon finally was able to keep stock around.

    I think you are right about the day of announcement of the PS3 price cut, but would further predict that it will come the day after the day Microsoft announces a 360 price cut, which will of course be same day Microsoft also cuts prices. Sony and Microsoft are waiting til one does a cut before the other one, and both are enjoying higher profits (and unknoably lower sales) as a result.

    --
    "There is more worth loving than we have strength to love." - Brian Jay Stanley
  2. Re:Counter-Headline: by DownWithTheMan · · Score: 3, Interesting

    I agree with this 100%!

    I was/am a big Sony fan-boy because of the library of games the Playstation has always sported... I'm an RPG addict, and the Playstation enabled my addiction to no end. But after the wonderful Sony root-kit adventure and the current $600 price tag, I don't think I'll be buying a PS3 any time soon. Let's not forget to mention that Next-Gen game prices have all gone up another $10. All in all they basically priced me out of the market and I am refusing to save up for one.

    The only Next-Gen system I own right now is the Nintendo Wii. Why? The controls are incredibly innovative (much like the DS, and I thoroughly enjoyed my experience with it). The price tag was ONLY $250 and current games are still set at the $44.99-49.99 price... Oh yeah, and let's not forget Zelda and the Twilight Princess... All in all this spells one happy Wii gamer who will be waiting until those PS3 systems drop in price, and up-coming RPG releases become Best Seller titles and the prices drop to $19.99 - 29.99