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Sky Render said:
A product's value to a consumer determines its sales. Price drops are just an artificial means to boost sales; the effects are never permanent, always stop-gap, and often have immediate repercussions once their effects wear off. At $250, the PS3 would briefly experience higher sales, but guess what? It would drop off to even lower numbers than it had before the boost in sales.

Yeah, because both the PSP and 360 plummeted to pre-price cut levels after they became cheaper.

I agree with most of what you've posted, but this is ridiculous. The main reason that the PS3 has sold poorly is its price. At $250, it would be a mere $50 above mass market price point, and hence the problem would be solved. I'm not saying that its sales would match that of the Wii, but they'd obviously see a sustained increase.  

 



 

Consoles owned: Saturn, Dreamcast, PS1, PS2, PSP, DS, PS3