At what point do price drops become desperation and a joke?

[famousringo]

ssj12 said:
Its a joke when you lower your console $50 - $70 and it doesnt even double the sales.

But no Sony's price drop wasn't desperate. They released a new SKU to take the 599 model's place didnt they? yep the 80GB is now in place and the 60 is being phased out like the 20GB model was.

I think the true price drop will happen in November when the PS3 turns 1 in the USA and Japan or when the 60GB is sold out, whichever comes first. All I know is that the 80GB model will sell faster then the 60GB one at $499 even without Motorstorm just because its a larger HDD and people want more storage space hence why M$ released the elite and 120GB HDD.

 I think the reason that Sony's price drop was more effective than Microsoft's was because they let everybody know it was temporary. Anybody who was waiting for a price drop to buy knew that they would have to take advantage of this limited time offer before the stock was gone. Those who were waiting for their chance have now been satisfied, and I see no reason to expect that the 80GB will sell at the same rate as cheap 60GB models. Especially since the last time I checked, the price difference between a 60GB HD and a 80GB HD was closer to $10 than $100.