When does Sony reach the point of no return in Japan?

[Joelcool7]

BenKenobi88 said:

Joelcool7 said:

 

A price cut in the immediate future could turn things around a bit but price cuts are a slippery slope once you've cut your expected to keep cutting. Look at PSP V.S DS, PS recieved price cut early on and look today its selling like 129.99-199.99CDN but initially it was priced at 299CDN compared to DS who started off at 189.99CDN and two years later is priced at 169.99! So Sony cut over 100$ of possible profits off of their hardware while Nintendo managed to only cut 20$.

 

Nintendo only "managed" to cut $20? Nintendo only wanted to. DSs still sell like crazy...they're worth the price they're selling for...there's not a huge reason or demand to lower the price anymore. Slashing prices on something like the PSP is not neccessarily something to boast. And since when do they plan to cut the price of the PS3 at all, let alone a whopping $100??

 Yo took my words out of context, I stated Nintendo managed to only cut 20$ from its price tag. In other words while Sony had to cut over 100USD to keep its PSP selling Nintendo only cut 20$ and Idoubt they really had to I feel the system would likely still be selling just as strong without the 20CDN price cut.

 

Sony of Europe has been talking about cutting the price rescently and many industry analysts have talked about a 100$ price cut as probable. It seems fairly likely that they will take this course of action if hardware sales don't start picking up. Infact at my local FutureShop PS3's are sitting on shelves today their was about as many PS3's as their were 360's and I live in a city with almost 200,000 people! This week Sony's sales dropped in Europe by over 80% that is a major drop considering the console debuted what a week ago! A 100$ price cut is fairly plausable and likely!