Would a PS3 price cut do it?

[Stromprophet]

kars said: Stromprophet said: I saw an article from an analyst reporting on the February sales of PS3. And they said a PS3 price cut was critical. What do you guys think? Would you buy the PS3 at 100 bucks less? Well, I wold not, but you can be certain, that there would be some other people who would think differently about it. The problem: I am not so sure if Sony could get support from its banks for such a move. It would probably not be as significant as the current price drop of the Xbox 360. For 300 Euro you find much more people willing to buy, than for 500 Euro for a PS-3. FOr 250 - 200 EUro you would probably reach the borderline for several casual gamers, but this would still be a long way. Even the normal price of 400 Euro for the Xbox 360 was a bit high, but if you ask in the 500 to 600 Euro range you could rephrase the question: Do you want a BluRay Player now? For people who answer yes, the price drop from 600 Euro (798 $) to 500 Euro (665 $) would probably not be so significant.

1) 360 hasn't price dropped yet and hasn't even announced an intention beyond doing it sometime in 2007. They haven't even said they will drop the price when their new SKU comes out. 2) Sony as a company is profitable, has a low debt to equity ratio (long term loans as compared to the value of the company), so I really don't think that would be an issue. A lot of people here seem to forget that Microsoft almost immediately dropped the price of the Xbox 6 months after launch when the PS2 price dropped. It's not outside the realm of possibility to see it happen.