I Believe Xbox One Needs A Mininum $150 Pricecut To Be Competitive Again (I Eat That Crow)

[greenmedic88]

Hibern81 said:

thismeintiel said:

Hibern81 said:
... And for those talking about a Ps4 price cut, dream on.

Why would you say that?  PS4 is 100% going to get a price cut next year.  Probably by $50.  And if the One's pricecut this year actually does something, they may drop by $20-$30 this year.

Supply and demand dictate otherwise. Though I was speaking mostly for this year, I'm sure a price drop for 2015 will happen sooner or later. I'm betting on the later end of the spectrum. 

We'll most likely see a PS4 price drop when Sony releases a re-engineered SKU with a significantly lower BoM. The first update, which I'm sure is already well along the way in the design process, will be an invisible update and we probably won't see a redesigned PS4 (with a new external appearance for marketing purposes) until late 2015. That would be the ideal time for a significant price cut. 

This could change if MS drops price to $399 prematurely, but my guess is that neither company really wants to get into a price war where both are cutting profit margins to regain parity. 

So, not much point in little $20-30 price cuts. We would more likely see limited edition bundles at current prices before that happens. $50 is generally when most consumers will be swayed to buy earlier when starting with a $400 item. A $100 price cut from a $400 MSRP would result in more impulse buys from holdout consumers.