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Both Sides of the PS3 Price Cut Rumor

Posted by Zonk on from the tangled-web dept.

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.

4 of 257 comments (clear)

  1. 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.

  2. 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.
  3. Re:$499 by Jeff+DeMaagd · · Score: 5, Informative

    Well... unless you really care about Blu-Ray movies (which IMO are way overpriced)

    Not really, unless you mean to say that any money more than the DVD is "overpriced". For most of the new movies I looked at, the Blu-Ray version is $5 more than the DVD version. Blu-Ray and HD-DVD discs aren't any more expensive than in the first few years of DVD, so I really don't think the pricing is unfair.

    Besides, you can get Blu-Ray and HD-DVD movies from Netflix for no extra cost.

    I don't regret the purchase at all.

  4. Re:Nice, but not enough by doombringerltx · · Score: 5, Insightful

    Chilli-cheese dogs taste better than caviar and the wii is more fun PS3. Money isn't everything