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Both Sides of the PS3 Price Cut Rumor

So here's the deal: Kotaku has a flier for an upcoming Circuit City deal on the PlayStation 3, putting the price at $499. There's some confusion about whether this is just a sale from Circuit City, or an actual price drop from Sony. Next Generation has Sony saying 'no', indicating that this isn't a sign of an across-the-board price cut. Meanwhile, GameDaily says 'yes', with sources in the retail industry indicating this is the price adjustment we've heard coming for a while now. "As it turns out, a merchandising manager (who wished to remain anonymous) at one of the world's biggest retailers has confirmed to GameDaily BIZ that the price drop is indeed retail-wide and it's scheduled to take place on July 12, although the first wave of ads to promote the PS3's new price won't kick in until Sunday, July 15. Many analysts have speculated that Sony would drop the price on the expensive console this year, and some even predicted that it could happen this summer. It's starting to look like they were right. We're sure to find out much more next week when Sony holds its press conference at E3." Luckily we won't have to wait long to see what's the real story here.

8 of 257 comments (clear)

  1. Hell, I paid $1000 for my DVD player!!! by xxxJonBoyxxx · · Score: 2, Funny

    Hell, I paid $1000 for my DVD player!!!


    Really? Want to buy another one? In fact, I think I can get you all the DVD players you want at that price...
  2. Dual-promotions... by DrEldarion · · Score: 5, Funny

    This and the 5 free blu-ray discs promotion will be happening simultaneously. If they promote both aggressively, I can imagine sales jumping quite a bit.

    Then again, Sony will probably just release an ad with a monkey in a diaper and not mention anything relevant at all.

    1. Re:Dual-promotions... by Rayonic · · Score: 4, Funny

      Then again, Sony will probably just release an ad with a monkey in a diaper

      Interesting. Usually ad execs don't star in their own commercials.
  3. Wii by Selfbain · · Score: 5, Funny

    Now Nintendo will only be beating them 5 to 1 instead of 6 to 1.

    --
    Well, it has never been successfully tested.
  4. Obligatory by coop247 · · Score: 3, Funny

    Figures, I just bought one a week ago. My sacrifice is for the good of the people.

    --
    //TODO: Insert catchy phrase
  5. Re:Nice, but not enough by AdmiralWeirdbeard · · Score: 4, Funny

    Money does not determine a persons worth and it certainly will not make them happy.
    yes, hi, Homeland Security? I found one of the terrorists. see above.
    --
    Come read my stupid blagablog. Rants and Giggles
  6. Re:I might buy at that price.... by Ant+P. · · Score: 2, Funny

    My 10-12 year old VCR is still working fine. Strangely the 2 year old DVD player and satellite TV aren't; I can't skip the ads on the DVD player and I can't find anything in 200 channels that isn't an ad...

  7. Re:probably not a sale by KingSkippus · · Score: 3, Funny

    I like your original version better. I figured you must have really wanted in the industry to go to such great lengths. :-D