Sony Confirms PS3 Pricecut

Easy Rhino · Jul 9, 2007, 09:47 AM

Sony cut the price of their Playstation 3 selling in the United States by $100 today lowering the cost to about $500 or $20 more than the most expensive XBOX 360 model but still twice that of the Nintendo Wii. Chief Executive of Sony Computer Entertainment America Jack Tretton believes sales will double. The price drop was widely expected by industry analysts despite the denial of such plans by Sony's President last week.

Source: Washington Post

kakazza · Jul 9, 2007, 10:27 AM

Maybe there are some marketing/economy experts here. Exactly WHY do companies first deny something and then a week or days afterwards still do it?

crow1001 · Jul 9, 2007, 10:35 AM

Nice to see the states get a price drop, i hope the UK will see a drop in price soon as well. I was considering buying one in the next few week but i think ill wait now and see if they drop the price, even if they don't, i still wont buy one, had enough of rip of Britain, whilst everywhere else get price drops and well lower prices

Cuzza · Jul 9, 2007, 10:42 AM

$500 in the US then? Dirt cheap. They're still $1200 here in NZ. with the exchange rate at 0.78? Go figure.

Tedz · Jul 9, 2007, 01:37 PM

Will be picking me up one of these before I head back off to school... yes!!

Eric3988 · Jul 9, 2007, 02:21 PM

wtf, like two days after they deny the cut, they enact it? Whatever...

WarEagleAU · Jul 9, 2007, 02:28 PM

well 100 bucks less than I paid for mine, but its worth every penny.

Jul 9, 2007, 02:30 PM

Of course they would deny any price cut plans, that would slow the already slow sales even more up until the price cut date.

Seany1212 · Jul 9, 2007, 02:38 PM

Quote:

Originally Posted by crow1001

Nice to see the states get a price drop, i hope the UK will see a drop in price soon as well. I was considering buying one in the next few week but i think ill wait now and see if they drop the price, even if they don't, i still wont buy one, had enough of rip of Britain, whilst everywhere else get price drops and well lower prices

Agree 100%, we wont see a price cut of that much, £25 maybe

newtekie1 · Jul 9, 2007, 02:44 PM

Quote:

Originally Posted by kakazza

Maybe there are some marketing/economy experts here. Exactly WHY do companies first deny something and then a week or days afterwards still do it?

Because if they confirmed it then everyone would stop buying them and wait for the price cut.

jydie · Jul 9, 2007, 03:31 PM

I honestly think that $500 is still to expensive for a gaming system. And I really doubt that it will double sales. Nintendo did it right by keeping their system somewhat affordable. I almost feel like the XBOX and Playstation systems should simply be dropped in favor of PC gaming rigs... especially since their systems are basically PCs designed for gaming. The Nintendo Wii (and DS) do not contain expensive, high tech video cards or CPUs... but they are affordable and have loads of fun games to play... heck even the games for the Wii and DS are about $10 cheaper then the same game for the XBOX 360 or PS3. From the perspective of a parent, the Wii is still a much better choice.

The kids and myself love our good old Playstation 2. Now, that was a powerful, yet affordable system.

rodneyhchef · Jul 9, 2007, 04:15 PM

If they dropped the price to £250 ($500 US) that would be awesome! But like the other brits in this thread have said, thats unlikely to happen sadly.

ktr · Jul 9, 2007, 05:07 PM

1 more $100 price drop and a decent game library (looking at ign ps3 release date, seems very disappointing)...only then will i consider a ps3. This price drop is probably gonna come to x360 also.

LiNKiN · Jul 9, 2007, 06:23 PM

So when does this pricecut take effect?

Benpi · Jul 9, 2007, 06:38 PM

LoL @ sony. What a mess they've created for themselves. As far as games are concerned, if you own a 360 and a PS3, there's no point in buying multi-platform games for your PS3, as it is yet to be proven that it can outperform the 360. It's a nice blu-ray player tho. I'm just waiting for FF13, because the best action games are being released multi-platform, and PC-only. I feel stupid for buying 2 PS3s on release. I have used only one of them for about 8 hours of gameplay (motorstorm).

Just got an R600. Just waiting for fall of this year, and the console-OMG-super-leet-graphx will be Obso1337.

kakazza · Jul 9, 2007, 09:53 PM

Quote:

Originally Posted by jydie

The kids and myself love our good old Playstation 2. Now, that was a powerful, yet affordable system.

Only in the US. In Germany/Europe it was 500€ when it came out according to wikipedia. So only 100€ less than the PS3 now.

ktr · Jul 10, 2007, 02:13 AM

http://ps3.ign.com/articles/802/802326p1.html

also news (i bet this is old news) on a 80gb with motostorm...

Dippyskoodlez · Jul 10, 2007, 02:27 AM

Quote:

Originally Posted by kakazza

Maybe there are some marketing/economy experts here. Exactly WHY do companies first deny something and then a week or days afterwards still do it?

Company PR people are either slow, told to deny it until officially announced, or... websites are full of it.

jydie · Jul 10, 2007, 03:52 AM

Quote:

Originally Posted by kakazza

Only in the US. In Germany/Europe it was 500€ when it came out according to wikipedia. So only 100€ less than the PS3 now.

Dang!! Based on this and other comments in the thread, I would assume that Sony does not price their systems in Europe the same as they are in the US? If that is true, then I am very disappointed with Sony. That is a low thing to do... almost unthinkable in my book.

Wow... wow... wow.

Ehstii · Jul 10, 2007, 05:45 AM

Quote:

Originally Posted by cuzza

$500 in the US then? Dirt cheap. They're still $1200 here in NZ. with the exchange rate at 0.78? Go figure.

ill buy one and sell it to you for 700 bucks?lol

Grings · Jul 11, 2007, 12:42 PM

Quote:

Originally Posted by rodneyhchef

If they dropped the price to £250 ($500 US) that would be awesome! But like the other brits in this thread have said, thats unlikely to happen sadly.

i saw in the newspaper today that theyre slashing the price by £50 (to £375 from £425) however a few of the online retailers were selling them for £399.99 anyway, so they'll probably be selling them for £350

rodneyhchef · Jul 11, 2007, 04:09 PM

That's good to know, I quite fancy one but at the moment the Wii seems like a much better choice. Only really ever used to play GT3 GT4 and the GTA games on my PS2 but there's loads of stuff on the Wii I like the look of.

ktr · Jul 12, 2007, 01:41 AM

So I was reading about the new 80gb model coming out this August in the US.

First it seems it gonna have the good old rumble controller! Whoopppy!

Second it gonna lack the Emotion Chip!...booooooooooooooo! So the 80gb is gonna be like the pal console, software emulated ps1/2.

So all in all, 60gb is the best buy. And i bet you can get those rumble controllers for your 60gb separately.

Jul 9, 2007, 09:47 AM	#1
Easy Rhino Linux Advocate Join Date: Nov 2006 Posts: 10,218 (4.29/day) Thanks: 1,206 Thanked 2,774 Times in 1,792 Posts System Specs	Sony Confirms PS3 Pricecut Sony cut the price of their Playstation 3 selling in the United States by $100 today lowering the cost to about $500 or $20 more than the most expensive XBOX 360 model but still twice that of the Nintendo Wii. Chief Executive of Sony Computer Entertainment America Jack Tretton believes sales will double. The price drop was widely expected by industry analysts despite the denial of such plans by Sony's President last week. Source: Washington Post

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Jul 9, 2007, 10:42 AM	#4
Cuzza Join Date: Jul 2007 Location: New Zealand Posts: 932 (0.43/day) Thanks: 136 Thanked 213 Times in 166 Posts System Specs	$500 in the US then? Dirt cheap. They're still $1200 here in NZ. with the exchange rate at 0.78? Go figure. __________________ My Sega Mod Project - - - - - - - My Macintosh Mod Project “I don't want to get sued by any 9 fungered modders cause I gave them the idea. My wife concurs with me on that, too.” -Mark_Hardware "For one believes he may eat all things, but he who is weak eats only vegetables." - Romans 14:2

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Jul 9, 2007, 10:27 AM	#2
kakazza Join Date: Aug 2006 Posts: 470 (0.19/day) Thanks: 3 Thanked 7 Times in 5 Posts	Maybe there are some marketing/economy experts here. Exactly WHY do companies first deny something and then a week or days afterwards still do it?

Jul 9, 2007, 10:35 AM	#3
crow1001 Join Date: Apr 2007 Posts: 361 (0.16/day) Thanks: 9 Thanked 29 Times in 20 Posts System Specs	Nice to see the states get a price drop, i hope the UK will see a drop in price soon as well. I was considering buying one in the next few week but i think ill wait now and see if they drop the price, even if they don't, i still wont buy one, had enough of rip of Britain, whilst everywhere else get price drops and well lower prices

Jul 9, 2007, 01:37 PM	#5
Tedz Join Date: Dec 2006 Location: Ames, IA Posts: 14 (0.01/day) Thanks: 0 Thanked 0 Times in 0 Posts System Specs	Will be picking me up one of these before I head back off to school... yes!! __________________

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Jul 9, 2007, 02:21 PM	#6
Eric3988 Join Date: Dec 2005 Location: El Paso, TX Posts: 201 (0.07/day) Thanks: 8 Thanked 0 Times in 0 Posts System Specs	wtf, like two days after they deny the cut, they enact it? Whatever... __________________ "He who battles with monsters had better see that he does not turn into a monster. As you gaze headlong into the abyss, the abyss also gazes back into you."

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Jul 9, 2007, 02:28 PM	#7
WarEagleAU Bird of Prey Join Date: Jul 2006 Location: Gurley, AL Posts: 9,994 (3.99/day) Thanks: 3,810 Thanked 557 Times in 521 Posts System Specs	well 100 bucks less than I paid for mine, but its worth every penny. __________________ =-TheEagle-= http://www.heatware.com/eval.php?id=62454 “You crazy? Surfing any website without an antivirus is like freaking with a dirty woman without protection” -OzzmanFloyd120 - Edited for content and clarity

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Jul 9, 2007, 02:30 PM	#8
insider Guest Posts: n/a (0/day)	Of course they would deny any price cut plans, that would slow the already slow sales even more up until the price cut date.

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Jul 9, 2007, 03:31 PM	#11
jydie Join Date: Feb 2006 Posts: 208 (0.08/day) Thanks: 18 Thanked 3 Times in 3 Posts System Specs	I honestly think that $500 is still to expensive for a gaming system. And I really doubt that it will double sales. Nintendo did it right by keeping their system somewhat affordable. I almost feel like the XBOX and Playstation systems should simply be dropped in favor of PC gaming rigs... especially since their systems are basically PCs designed for gaming. The Nintendo Wii (and DS) do not contain expensive, high tech video cards or CPUs... but they are affordable and have loads of fun games to play... heck even the games for the Wii and DS are about $10 cheaper then the same game for the XBOX 360 or PS3. From the perspective of a parent, the Wii is still a much better choice. The kids and myself love our good old Playstation 2. Now, that was a powerful, yet affordable system.

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Jul 9, 2007, 04:15 PM	#12
rodneyhchef Join Date: Jun 2007 Location: Manchester, UK Posts: 342 (0.16/day) Thanks: 44 Thanked 59 Times in 25 Posts System Specs	If they dropped the price to £250 ($500 US) that would be awesome! But like the other brits in this thread have said, thats unlikely to happen sadly.

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Jul 9, 2007, 05:07 PM	#13
ktr Eligible for custom title Join Date: Apr 2006 Location: Bay Area, California, USA, Earth Posts: 6,158 (2.37/day) Thanks: 0 Thanked 708 Times in 595 Posts System Specs	1 more $100 price drop and a decent game library (looking at ign ps3 release date, seems very disappointing)...only then will i consider a ps3. This price drop is probably gonna come to x360 also. Last edited by ktr; Jul 9, 2007 at 05:14 PM.

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Jul 9, 2007, 06:23 PM	#14
LiNKiN Staff Join Date: Jan 2006 Posts: 1,375 (0.51/day) Thanks: 221 Thanked 294 Times in 204 Posts System Specs	So when does this pricecut take effect?

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Jul 9, 2007, 06:38 PM	#15
Benpi Banned Join Date: Dec 2006 Posts: 415 (0.18/day) Thanks: 6 Thanked 3 Times in 3 Posts System Specs	LoL @ sony. What a mess they've created for themselves. As far as games are concerned, if you own a 360 and a PS3, there's no point in buying multi-platform games for your PS3, as it is yet to be proven that it can outperform the 360. It's a nice blu-ray player tho. I'm just waiting for FF13, because the best action games are being released multi-platform, and PC-only. I feel stupid for buying 2 PS3s on release. I have used only one of them for about 8 hours of gameplay (motorstorm). Just got an R600. Just waiting for fall of this year, and the console-OMG-super-leet-graphx will be Obso1337. Last edited by Benpi; Jul 9, 2007 at 06:46 PM.

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Jul 10, 2007, 02:13 AM	#17
ktr Eligible for custom title Join Date: Apr 2006 Location: Bay Area, California, USA, Earth Posts: 6,158 (2.37/day) Thanks: 0 Thanked 708 Times in 595 Posts System Specs	http://ps3.ign.com/articles/802/802326p1.html also news (i bet this is old news) on a 80gb with motostorm...

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Jul 11, 2007, 04:09 PM	#22
rodneyhchef Join Date: Jun 2007 Location: Manchester, UK Posts: 342 (0.16/day) Thanks: 44 Thanked 59 Times in 25 Posts System Specs	That's good to know, I quite fancy one but at the moment the Wii seems like a much better choice. Only really ever used to play GT3 GT4 and the GTA games on my PS2 but there's loads of stuff on the Wii I like the look of.

Jul 12, 2007, 01:41 AM	#23
ktr Eligible for custom title Join Date: Apr 2006 Location: Bay Area, California, USA, Earth Posts: 6,158 (2.37/day) Thanks: 0 Thanked 708 Times in 595 Posts System Specs	So I was reading about the new 80gb model coming out this August in the US. First it seems it gonna have the good old rumble controller! Whoopppy! Second it gonna lack the Emotion Chip!...booooooooooooooo! So the 80gb is gonna be like the pal console, software emulated ps1/2. So all in all, 60gb is the best buy. And i bet you can get those rumble controllers for your 60gb separately.

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