catofellow on 13 January 2007
mkozlows said:
I guarantee you're wrong. There's no way the PS3 will get a price cut this soon after launch, not when Sony is already taking such a large hit on the units. It'd be seen (correctly) as a desperate move.
Maybe I overestimated the price cut, but I guarantee that if Microsoft cuts its price, both Sony and Nintendo will respond in kind. Remember, the original XBOX saw a price cut in the same time frame.
It's hard to imagine Nintendo cutting prices on a unit that's selling so well and getting so much press. On the other hand, the Wii manifestly isn't up to the specs of the 360 or PS3 (I die a little on the inside every time I load up Zelda and partake of the Festival of Jaggies), and its value proposition really does depend on being the cheapest console. It's hard to imagine the Wii being successful if it costs more than the 360. But I suspect that, at the very least, Nintendo would give it a month or two to see how that played out, and then react if things dropped off a cliff for them.
I understand your doubt, but Sony sold over 20 mill consoles in 2002, close to Gamecube/Xbox lifetime totals. They still cut the PS2 price the following May. I still think that if Microsoft cut prices, PS3 and Wii buyers would sit on the sidelines waiting for their price cut. Nintendo and Sony's hands would be forced.
So are you stating that noone will cut prices?
Lifetime Sales Prediction - 6/29/2013
Wii U - 38 million
XBOX One - 88 million
Playstation 4 - 145 million