| cleveland124 said:
Key word is plan. No plan for a price drop. Which means that they would not initiate a price war with Microsoft. However, having one initiated, I believe they will respond with their own $50 drop. I think they'll wait to November to see how well the Microsoft cut works and then drop the price right before the holidays to come through as more of the bargain for Christmas. Also, http://news.softpedia.com/news/PlayStation-3-Drives-the-Sony-Games-Division-to-Profit-91041.shtml Sony Games division was profitable for the quarter ending June 30th. If Microsoft can afford this cut on their small profits for this year, I don't see why Sony can't. (...) |
1- I could post more quotes, but the main point is that Sony has promised investors to not cut the price until PS3 hardware isn't sold at a loss anymore. They even went as far as saying that the PS3 has established a minimum userbase which allows it to be relevant as a platform. If they cut their prices, investors won't be pleased, particularly given Sony's poor profit forecast for the year and declining sales of the PS2 cash cow.
2- Don't compare Microsoft and Sony... Microsoft as a whole makes huge profits, and they didn't promise to focus on profitability like Sony did. Sony is in a much tighter situation with no room for wasting money.
I'd bet anyone money that Sony won't cut their prices this year. As I said, not certain, but price cuts are very unlikely all things considered.
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