| psrock said: Come on Source, how does a console peak at $299? That's the price most console usually launch at |
It is entirely possible that the PS3 can stay stuck at $299 for too long, although I don't think a little over a year from now (holiday 2011) necessesarily qualifies as "too long."
Waiting past a certain point can lead to stagnation of the product itself leading to the decreased image of desirability among general consumers (the kind that won't pay a cent over $199). This is worsened by falling software support which generally indicates a platform in decline (like the PS2 currently).
But again, it's a bit of a stretch to say this is currently happening now when the PS3 is still priced at $299 and software support is actually growing.
There are tens of millions of consumers who won't pay more than $200 for a console, even if they currently want the one priced above.
About the only time a console will peak at $299 is if it is about to be replaced by a newer model in the series (new platform) or made obsolete by competitor at a lower or comparable price. Even then, when this happens, you have the inevitable fire sales and inventory clearing price dropping followed by a cheaper version of the product assuming platform support will continue as a "bargain" platform.
