foxtail said:
The $100 PS2 price cut was an aggressive move initiated by Sony to stop the Gamecube and Xbox from gaining any momentum. It was even called an aggressive move in Sony's own press release. Nintendo and MS had no choice but to follow suit with price cuts of their own. The PS2 had sold 28.68 Million worldwide as of March 31 2002. The PS2 price cut was made on May 14th, 2002. The Gamecube price cut was made on May 21, 2002 - the Xbox price cut was made on May 15, 2002. Sony caused the deep price cuts early on in the life of the Gamecube and Xbox, not Nintendo or MS. |
Almost outselling their Lt even before the pricecut.
duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"
http://gamrconnect.vgchartz.com/post.php?id=8808363
Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"
http://gamrconnect.vgchartz.com/post.php?id=9008994
Azzanation: "PS5 wouldn't sold out at launch without scalpers."