PlayStation 3 'back from the brink'

[TheBigFatJ]

Just_Ben said:

W29 said:
Thats good, Just Ben why all the PS3 threads?

I'm betting at the moment on a rise of the PS3 on SE, so thats why I am naturally interested. But also because it makes a lot of news at the moments. So does the Wii, but hell I get beaten to post those news by others :o)

I significant price cut will always increase sales.  If you look at the sales in Japan, they're likely about 3x normal, which is good for a price drop.  But the PS3 is a special case where most Japanese originally said it was too expensive, and the feeling has been changing to say they don't want it as badly.  50,000 initial sales right off of a price drop isn't exactly awesome, even if that's very good for the PS3.

Let the price drop settle.  That way we'll see if it looks like it may be ineffective in the long term like the European price drop looks, or whether it will permanently increase overall sales.  I'd be surprised to see the PS3 settle much about 20k/week after the holiday season.