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naznatips on 09 July 2007
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leo-j said:
naznatips said:
Of course it will boost sales a little, but what is with these expectations of doubling sales??? It's not that big a cut, considering there was already a 20GB with nearly the same capabilities at that price that sold so bad it was discontinued. I don't think this will happen to the 60GB, but it certainly shows that $500 isn't some magic "save the PS3" number. It's going to take a larger price cut. My prediction is sales increase between 10% and 20%. There will likely be a 30%-50% increase for the first week on the people who were waiting.

 

Here's the difference, the new $599.99 model brings a game included, as well as a lager Harddrive, not only that but when I chekec how many ps3's were left in stores in gamestop around my area it said 4+ and 1-3,but one store in miami beach had sold out in one day they had 0.(I check these things every day) Just the day before they had 4+.

Of course it's different, I just said it's not different enough.  Here is my anecdotal evidence:

I had to go up to campus today, and I figured I would check the EBgames about a block away while I was up there, because I knew Sony fanboys would immediately claim after this price drop that PS3s are sold out everywhere.  The EBgames clerk there has been complaining for months that corporate won't stop sending him PS3s which he can't sell, and he was up to 24 in the stock room at one point (at 4 a week this is very bad).  I walked in, said "So, how have the PS3s been selling today with the new price" this is around noon, the store opens at 9:30, he replied "No one has bought any yet."  A couple seconds later a man walked in saying "I heard there was a price drop on the PS3s."  The clerk said "Yeah, they are down to $499 now and $599 for one with a larger hard drive, bundled with a game, and it comes with 5 movies for a limited time." the guy then said "What the hell? That's not a price drop they already cost $499." and walked out. Obviously this is a casual consumer who didn't pay a whole lot of attention to the market, but the point remains.  This price drop will not have more than a 10%-20% boost in PS3 sales (if they are lucky).