theprof00 on 08 November 2009
One of the reasons, i think, that sales have exploded post-price drop, is that people understand that for the price tag of 300$, they are getting the value of a 600$ console.
It's not that the console was too expensive before, it's that people couldn't find the value in it. Now that the value is glaringly obvious, it sells more. That could also be a big factor. People have been thinking like, man that's too much technology, I can't see myself paying 400$-600$ for that. Then the price drops, but they still feel that it's a 600$ system.
