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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?

22 of 555 comments (clear)

  1. Blu-Ray by Brad1138 · · Score: 5, Interesting

    I want one for the Blu-Ray player. I have a 61" DLP set that is just screaming for Blu-Ray or HD DVD, Personally I like Blu-Ray. Currently stand alone Blu-Ray players are $650+ (from a quick Google search). From the reviews I have read it holds up fairly well against them. Plus an awesome gaming machine.

    --
    If you could reason with religious people, there would be no religious people
    1. 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

    2. 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!
    3. Re:Blu-Ray by White+Flame · · Score: 4, Interesting

      I've seen a few places like the Fry's Electronics store near me that had 2 identical Sony 1080p displays next to each other, playing the same HD movie, one in HD-DVD and the other in Blu-Ray, both stand-alone players. The HD-DVD version always had MUCH less compression noise and blockiness than the BR one. Then again I'm a real pixelophile and am far more offended about such things than the average person (I think that the visual quality of both suck dung and aren't worth the money; don't get me started on digital cable vs analog ;) ). I haven't seen BR movies on the PS3, but I suspect it'll have the same or worse quality than a standalone player.

    4. 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.

  2. "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 _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."

  3. Why should it? by falcon5768 · · Score: 5, Interesting
    It wouldnt make me bite when it was this much for the 20 gig... why should the 60 dropping 100 buck matter, its till more costly than a 360 which atm has more games.

    And honestly looking at FFXIII despite being a huge FF fanboy doesnt make me bite at all, not for 500 dollars. As for the other PS3 killer apps right now, more than a few are actually out or coming out on the 360, which I already own.

    Im sure a bunch of people are going to jump on me with bluray this, and HDMI that, but quite frankly Sony really think about what made their PS2 a huge seller. They though it was the diehards, and built a system perfect for them. What they forgot was the casuals, of which the 100 dollar PS2 became a big seller not the 300 dollar original pricetag version.

    --

    "Slashdot, where telling the truth is overrated but lying is insightful."

  4. So is this it by rhendershot · · Score: 5, Funny

    So, is this it? Will this price drop make you buy a PS3



    no.

    or are you still holding off for the big games this fall?



    no.

  5. Panic Time by MeanMF · · Score: 5, Informative

    This just confirms that Sony is in full-blown panic mode... They keep talking about the long-term viability of the PS3, and I can see why since it is a pretty nice piece of hardware. But they're obviously very worried about their near-term prospects so I could easily see how they'd cut another $100 before the end of the year if things don't turn around quickly.

  6. Those who fail to learn from economics 101 by Pap22 · · Score: 4, Informative
    Get your facts straight, according to your own wiki link:

    However, this plan was quickly scrapped and when the system had its national launch it debuted at $649.99
    $650 in 1990 dollars is $1120 in 2006 dollars. Not to mention the fact EACH neo geo game cost $200 in 1990 dollars ($313 in 2006 dollars).

    http://www.westegg.com/inflation/infl.cgi

    Compared to the neo geo, the PS3 is a flippin bargain.

    1. 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. 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
  8. 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"

  9. AU prices by Nazlfrag · · Score: 5, Informative
    I doubt we'll see anything like this. A typical price, ie. on 'sale' at Big W here w/free game is $987. That's around $847 USD. This is also the European model where they ripped out the hardware backwards compatibility.

    Or I could get this one imported for $582 AUD but have no warranty. Both options are bad, but the fact I could almost get TWO from America at the same price makes the warranty issue not look so bad after all.

    Sony doesn't stand a chance against the Xbox or Wii(which is still regularly sold out) in Australia any time soon. Even with the best damn games on the planet $1000 is a ludicrous price, next to $350ish Wii or $500ish 360. I could in fact get both consoles and some games for the same price... Bluray doesn't even enter into consideration.

  10. Crappy poll by suv4x4 · · Score: 4, Interesting

    "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?"

    That's it? Where's the third option, "neither of the above". I want my third option, god damn it!!

    Let's see, what does $499 PS3 change. XBOX360 is $399, Wii is $250.
    For your extra money, you get poor list of games, $65 a pop, and Blu-Pending-Disaster support, at around $45 a pop.

    I'm about as excited about all of this, as I would be if Epson released $50 cheaper printers. It's about the ink, people!

  11. Incredible by corby · · Score: 5, Funny

    This is absolutely fantastic news.

    It will now cost me $100 less to not buy one.

    1. Re:Incredible by Chuck+Chunder · · Score: 5, Funny

      Yeah but the downside is that you won't be saving as much by not buying one.

      --
      Boffoonery - downloadable Comedy Benefit for Bletchley Park
  12. 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.
  13. 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"?
  14. Another reason for the 80Gb bump by DrXym · · Score: 4, Interesting
    As posted on the PS3 blog - "In short, we're introducing a new PS3 model with a 80GB hard drive which will include a free copy of MotorStorm, all for the retail price of $599. This 80GB package will be available starting in August, just a few short weeks from today. The larger hard drive will give players more of an opportunity to take advantage of all the downloadable games and trailers on the PLAYSTATION Network, including the content from our forthcoming download service which will include videos, movies and other entertainment content."

    In other words expect a full video / music download service and possibly IPTV to be announced at E3. It's been a long time coming seeing as it was such an obvious and natural feature for the PS3 to have.

  15. Basic rule of capitalism by realinvalidname · · Score: 4, Interesting

    "Stuff is worth what people will pay for it."

    Clearly, the PS3 isn't worth $600 to very many people. I'll be surprised if it's worth $500 either. Despite all the technology they've crammed in there, the games library has almost zero appeal. Boring, joyless games plus Blu-Ray does not equal $500.

    With the Wii outselling PS3 6-to-1 in Japan, there's little reason to think third-party software makers will turn this around.