Blu-ray Player Prices Hit 2008 Highs
An anonymous reader writes "HD DVD is almost gone and Blu-ray prices are already on their way up. TG Daily went through average retail prices of some of the popular Blu-ray players and found that you should expect to pay at least $400 for an entry-level Blu-ray player, while you could get a player for less than $330 in February. It really should not be a surprise for all of us, but it is interesting to see how quickly retail adjusted to the new situation and increased prices."
by not buying the now overpriced gear...
Meanwhile, there are rumors that once the PS3's start rolling out with 45nm CPUs and GPUs that they will drop $100 in price.
$400 for an entry-level player, or $400 for the PS3?
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I would have thought the Blu-Ray group would have liked faster adoption after the demise of HD-DVD but it seems by keeping prices high they might end up slowing themselves down. What would be even more ironic is if the Blu-Ray group collapses themselves in a few years due to lack of demand. That would be a good laugh.
Potential competition from HD-DVD helped keep prices low to attract consumers. HD-DVD has lost so there is less incentive to keep the prices low. Once there are more manufacturers producing Blu-ray players then prices will start to drop again.
Market forces at work
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If people continue to purchase DVD players (which are easily under $100), the Blu-ray player prices may drop after a few months. For many people, the quality of DVDs are just fine and they don't have the massive television displays to support them anyway. The cynic in me thinks we're seeing a price hike so stores get the cash from all the early adopters who bought HD-DVD and now feel obligated to buy a Blu-ray player.
this probably wont happen, but:
What if by declaring hd-dvd dead it causes hd-dvd to become more popular than blu-ray?
By this I mean, the prices of drives are dropping because they are getting rid of them. The movies, too. At the same time, blu-ray is going up.
Will a lot of people even know that hd-dvd is dead? They will just see how cheap it is.
If this were timed right, hd-dvd could hit a critical mass very quickly. Yes they'd lose a bunch of money on the current supplies, but that's going to happen anyway. If at the right time they could resurect it and keep the prices way below blu-ray they could make a comeback. In the mean time they don't really have to waste money on advertising etc.
Myself, I would buy an hd-dvd burner and media right now if the prices were really low, just for storage purposes. They should continue to sell them for pcs for storage purposes.
Just a crazy idea. And what a coup it would be...
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Monopoly? Last I heard, virtually every major CE manufacturer with the exception of Toshiba was competing for the blu ray money in your pocket. Even Toshiba has a 50% stake in a company producing blu ray drives so I'm sure they come out of their period of mourning soon enough.
Prices will drop through competition and economies of scale.
Not that this is a bad thing - it will help to correct the imbalances in the US economy far more than bleating about NAFTA or whatever other nonsense is coming out of your politicians at the moment...
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Yeah, because we all know this evil DVD monopoly drove DVD player
This time its different because the blu-ray consortium is not giving licenses to tom-dick-harry shop in china to make cheap players. So unlike the DVD, this time around we wont be seeing cheap DVD players. I still remember that it was some Chinese brand (apex?) which broke the $100 barrier for DVD-players and became the largest selling dvd player right behind Sony. With tighter licensing restrictions, thats not going to happen this time around with Blu-ray payers
If your statement is true, and I'm going to assume it is, this means we also won't see a huge blu-ray adoption. The VHS to DVD format adoption is easily the fastest I've ever seen. Faster than LPs to tape, faster than tape to CD. in fact, I remember buying my first CD player in about 1989. CDs had been mainstream since what, 82, but seven years later a good player was still $300? It took a long time for the CD to completely take over the market, mostly because the players were expensive.
If the studios are smart, and I think they are, the prices of blu-ray players will only be high for the next 6 months or so. After that, the studios will subsidize their production. The only way people are going to buy ANOTHER new copy of that old movie they love is if the player is cheap. The best way for the studios to make money is to get those players in the hands of the end users.
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I'm not sure what you're implying by the "anti-PS3 crowd"? That only die-hard PS3 fans are technically savvy enough to want an HD player? Or is it just a troll remark? The market is made up of a lot of different people on ALL sides of the console front; some for gaming, some for the overall capabilities of a console and, with the war being over, a BD player first and a game console second.
Most of my time is still playing PC games but I also have an Xbox and have no interest in a PS3 even for the BluRay. I have a lot of interest in BluRay but not through a PS3 or the "new" pricing scheme that they've seemed to now drop on consumers for stand-alone players. I'll bid my time and hopefully Microsoft releases a BD player at some point in the upcoming months as has been the rumor.