Sony price cuts - PS3 $249, PSP €99 (Europe)

[Troll_Whisperer]

Allfreedom99 said:

Troll_Whisperer said:

Scoobes said:
Not that suprising really. I always find it hilarious when these price cut threads start though, people immediately say "Microsoft/Sony (delete as applicable) will cut in a few weeks!". I don't think this has ever happened, lol. As always, the rival console manufacturer will spend a long time analysing the situation and if they do cut, it will have been planned for a long time.

I was thinking the same. Many people say 'MS will wait for a few weeks after Sony price-cut and react accordingly', but that's not how the business works at all. MS, Sony and Ninty know very well when they are going to cut their prices much in advance, that's way they are able to give the yearly sales estimates, it is all planned at least a year in advance.

True. businesses don't just base their decisions only on what their competitors do and then react accordingly. It does have an effect in some changes to their business plan, but yes fiscal plans are made before the beginning of the year. I have however thought ever since beginning of year that Sony would cut the price of their hardware close to the Fall, and then MS would also do the same. A price cut makes sense for both consoles snce it has been a couple/few years since the last ones. I think MS expected Sony to issue a price cut this year anyways, likewise MS was planning for price cuts around the fall this year. It just makes sense to me.

Sure, that's very possible.