PS3 Currently #1 on Amazon

[Christopher_G2]

naznatips said:

kber81 said:

HappySqurriel said:
You will always get an immediate sales spike which is followed by a return to more 'normal' sales for a product after a price cut. With how 'small' the PS3's price cut was, and that it is still a very expensive system, I expect that sales will not have improved that much a couple of weeks from now ...

You've said precisely same thing about PSP's price drop... Hmm, PSP still sells better...

Is it? 

PSP sales for the week of April 29th (this is before the price drop):

130,823

20,691,834

PSP sales for July 1st:

145,583

22,018,924

PSP sales for June 24th:

135,023

21,873,341

As you can see, since the price drop the sales boost ranges from 4% to 11%, a very small small increase for a nearly 1/6th price sales drop.  Hrmm, interesting.  Look at the PS3 now.  I'd say I'm being VERY generous giving them a 10% to 20% sales boost lifetime for a 1/6th price drop to $500.  I should probably re-adjust my estimate lower truthfully, but I'll stick with it.  I have faith that it will help some.

Well you are just going to be dead wrong. The PSP was a $200 system, while the PS3 was $600, so you're basically comparing apples and oranges. You can ramble however much you want about 1/6th drops. The fact is in the public's eye the PS3 dropping $100 is more meaningful than the PSP dropping $30. There was more of a widespread demand for a PS3 drop, and I gaurantee you a lot more people were holding out on buying PS3s waiting for a price drop than were doing that for the PSP; it's not even close in that regard. I'm not sure how much this price cut will help, I just know it'll be more than what you think.