Sony Rejects PS3 Price Cuts

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.

Comments

Counter-Headline:

[Lachryma]

Consumers reject Sony.

It's the right move

[cxreg]

cutting the price at this point wouldn't help game sales enough to offset the extra loss they'd be taking on each unit, because the library is still pretty sparse. might as well suck it up and sell whatever units are selling. when the really good games start coming out later this summer and fall, sales will pick up and I wouldn't be surprised to see a november cut of about $100

Re:It's the right move

[cxreg]

please, anyone can make a list of those ps3-seller games?

Exclusive material that people are very excited for, most if not all of which is expected this year:

Motorstorm (already out)
Metal Gear Solid 4
Killzone
Heavenly Sword
FF13 (despite recent headlines, 13 and 13vs are still PS3 exclusive for now)
Lair
Afrika
LittleBigPlanet
Home

And others coming down the line, like the next Gran Turismo and Tekken games

And there's games such as GTA4, Assassin's Creed, Katamari 3. People talk about a lack of exclusivity as if it's no longer available on the first platform. That's just stupid. The fact that a game is going to be available elsewhere doesn't mean it's not going to sell tremendously well on the PS3, and many people will buy one just to play their favorite franchise because it's what they're familiar with. Not to mention that it IS a better machine, and there's a good chance that multiplatform games will look nicer on the PS3. This has happened already with Oblivion.

Its my toy

[jriding]

They keep playing the old its my toy and if you don't want to play by my rules you can't play with it... But they don't seem to notice that not many people are willing to play with their toy based on their rules. This includes both game makers as well as customers. Over all I keep hoping that they will see the light and the ps3 will take off with both good games and good price... but untill then I will just keep what I have.

Naturally no announced price cut...

[geders]

I don't understand why people are confused about the lack of a price cut announcement.

You don't tell the public that a poorly selling, expensive product is going to be $100 cheaper next month unless you want even lower sales for the next month. Lower sales for that month means even lower numbers of customers looking to buy software for the machine.

The announcement of the PS3 price cut will come the same day as the PS3 price cut (see PSP price cut as an example).