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$499 PlayStation 3 Confirmed

Gamespot is reporting that the rumoured price drop from earlier this week is a reality. Starting on July 10th, the current 60GB model will sell for $499. Coming to US shores in August is the 80GB version only available in South Korea at the moment, which will retail for $599. They're bundling that unit with Motorstorm, so it's not just another 20 gigs for $100. "The price drop further indicates that, after a slow start, Sony is now aggressively trying to expand its customer base in the US. The move comes none too soon. According to the latest figures from industry-research firm the NPD Group, the PS3 only sold 82,000 units in the US in May, compared to the Xbox 360's 155,000 units and the Wii's 338,000 units." So, is this it? Will this price drop make you buy a PS3, or are you still holding off for the big games this fall?

13 of 555 comments (clear)

  1. "aggressively"? by TheSHAD0W · · Score: 4, Insightful

    Calling a $500 price "aggressive" may not be appropriate, really. Realistic, perhaps; it's still $200 pricier than an HD-DVD player or a basic XBox 360. I'd call it barely reasonable, but not aggressive.

    1. Re:"aggressively"? by TheSHAD0W · · Score: 3, Insightful

      Not considering the original price, and not considering they've been staying on shelves in droves.

    2. Re:"aggressively"? by _KiTA_ · · Score: 4, Insightful

      Calling a $500 price "aggressive" may not be appropriate, really. Realistic, perhaps; it's still $200 pricier than an HD-DVD player or a basic XBox 360. I'd call it barely reasonable, but not aggressive.

      Personally, I'd use the word "desperate" not "aggressive."

      It's not really aggression when the entire game retail industry comes to you and says "either you drop the price on these pieces of crap or we will do it for you / or we're taking them off the shelves."

  2. Re:Blu-Ray by wawannem · · Score: 5, Insightful

    As a parent of a child that *really* wants a PS3, I can say that the price has been the biggest barrier. It's hard to justify this sort of expenditure for a twelve-year-old... I sort of feel like he'll grow up like his gaming-geek old man if I give in and buy one. I'm glad to see that they are coming down in price. -W

  3. It won't help by realmolo · · Score: 3, Insightful

    The PS3 is still too expensive. But the bigger problem is, there just aren't any "must have" games. I was at Wal-Mart the other day, and just for kicks I was looking at the PS3 game selection. There were about, oh, 25 titles or so, and fully HALF of them were crappy movie tie-in games. That's nuts.

    The Wii is slightly better off, in that there are at least 3 or 4 really fun games. But in my opinion, it's not worth buying yet either. But the good Wii games are fun, and they are nice and "console-y". Which brings me to the 360-

    Well, it has the most games, of course. But am I the only one that finds the 360s selection of games really dull? It seems like there are a lot of FPS and sports games, and not a heck of a lot else. I expect this will be the case with the PS3, also. It's almost like they are trying too hard to cater to the "hardcore" crowd. Lots of "heavy" games, not too much stuff that's simple to pick-up-and-play. Well, I guess the Live! Arcade games are. But all of those games could be done on the Wii, easily. Never mind the emulated games, which I refuse to pay for because I've been playing them for free for almost a decade now via PC emulators.

  4. This may be it! by JoeCommodore · · Score: 4, Insightful

    I've been debating getting a Game Cube or PlayStation 2, now maybe I'll seriously look at the PS2. :-) Prices are soo much better at the trailing edge.

    --
    "Enjoy what you're doing! If it becomes drudgery, you're doing it wrong!" - Jim Butterfield
  5. Doing business in 21-st century by suv4x4 · · Score: 5, Insightful

    "$499 PS3 rumored"

    "$499 PS3 denied by Sony CEO"

    "Sony rejects $499 PS3"

    "Sony Spokesman says $499 a hoax"

    "$499 PS3 confirmed"

  6. Re:Those who fail to learn from economics 101 by freeweed · · Score: 5, Insightful

    And $3000 in 1990 dollars, what a half-decent desktop PC cost back then, is $5169 in 2006 dollars. Except a half-decent PC is 1/10th that price. Could you imagine spending $5000+ on a PC these days? Yet they're faster, have more storage, massive improvements in graphics hardware...

    Technology gets CHEAPER. Far out-pacing inflation. The PS3 pricing is a joke when compared to any other modern consumer electronics - then again, game consoles pretty much have been for a while now.

    --
    Endless arguments over trivial contradictions in books written by ignorant savages to explain thunder in the dark.
  7. Re:Why should it? by WasterDave · · Score: 3, Insightful

    Sony really think about what made their PS2 a huge seller.

    They did, it had a DVD player in it. Critically the PS2 came out and was cheaper than a DVD player, meaning that guys like me could get approval from the domestic commandant with the words "but you wanted a DVD player, right". So they thought they'd pull the same trick again - make the PS3 cheaper than a standalone BluRay player and you either get a free games console with your BR player, or a free BR player with your games console ... depending on how you look at it.

    As far as I can see it, Sony have made two big mistakes with the PS3:

    * Nobody wants a BluRay player.
    * Nobody wants a PS3 either.

    Because both value propositions only make sense if you drop $2k on a new telly at the same time. Furthermore, where the PS2 was a giant leap from the PS1 and where DVD was a giant leap from VHS, the same cannot be said of this new generation. Consequently they're stuffed.

    FWIW after the dead 360 debacle it's becoming clear that the only winner from this round is Nintendo. Who'dve thunk it?

    Dave
    --
    I write a blog now, you should be afraid.
  8. To buy from Sony or not to buy from Sony by merc · · Score: 4, Insightful

    Sigh. I know I'm going to probably get modded "Flaimbait" for this, but here goes anyway...

    It's only been two years since the CD rootkit scandal and already it seems the consumers have either forgotten or forgiven Sony. So please bear with me while I just take a moment to point out that there are probably still holdouts like me out there who *really* meant it when we said we would never buy from Sony ever again.

    We now continue with your regularly commercial sheep-like programming existance where electronics are mass-marketed to you as shiny new objects.

    --
    It's true no man is an island, but if you take a bunch of dead guys and tie 'em together, they make a good raft.
  9. No "large future performance increase"?? by Namarrgon · · Score: 5, Insightful

    Wow, that's the craziest "advantage" I've ever heard anyone cite :-) "PS3 is slow right now because it's hard to program for, but you should buy it anyway because one day hopefully they'll figure it out" - where do I sign?

    Here's a thought - why not just wait until when/if they do figure it out, and then buy it? It'll be cheaper too.

    --
    Why would anyone engrave "Elbereth"?
  10. Re:Blu-Ray by lucas+teh+geek · · Score: 4, Insightful

    so bluray is good? so what? I dont want a hd video player right now, I want a video game console. I have a perfectly good upscaling dvd player that sits there unused because basically everything I watch is kept in digital formats on my home server and then streamed to my TV via HTPC. sure, the upsampled picture doesnt have the definition of bluray, but seeing as it's only being played back on a 26" 720p tv the difference is ignorable. it seems impossible for sony apologists to say why the ps3 is good value for money without resorting to it's wonderful "blue rays", something that most consumers neither need or want.

    microsoft may be evil but at least they arent trying to jam their stupid hd format down my throat, and charging me more for the privilege.

    --
    TIAEAE!
  11. Re:Blu-Ray by poot_rootbeer · · Score: 5, Insightful

    It's hard to justify this sort of expenditure for a twelve-year-old...

    A twelve-year-old boy is probably old enough to mow lawns, run errands, etc. to earn his own income.

    It shouldn't take him much of that to understand how much money $500 actually is.