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Forums - Sales - Is there any reason for the massive hardware drop this week?

RVDondaPC said:
coolbeans said:
RVDondaPC said:
TWRoO said:
coolbeans said:
Well in NA it's tax time. Fairly normal for April not to be a high selling month for consoles for that reason alone in NA.

Same in the UK, and I imagine the rest of Europe too.

people are saving money.

That's strange. Most people I know get a refund check and thus have a lot of free cash to spend in April. I would think video game sales would increase. 

In U.S. (I'm sure other places but I personally can't confirm this) lower-income families can file for tax refunds but those are it.  I wouldn't doubt most of them have other expendatures in mind besides consoles.

Uhm.. I'm pretty sure you are wrong. Anyone that pays more taxes during the year than they owe gets a refund check regardless of how much money they make. Maybe you are getting it confused with the one time stimulus refund checks that were given out last year. As for lower income families, they generally buy material things with that money because it's the only time they can afford to, especially if they are a younger family. There's a reason why they are low income..

And how many people pay too high taxes during the year?

My parents have only had 1 tax rebate as far as I can remember. (a few years back) I would think the taxation system should be good enough that there isn't a big discrepancy at the end of the year very often.



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sony's shouldn't be down considering they realeased so many games in the begining of this yr.
but i gusse thats just on the software front and doesn't mean consoles will sale. i gusse that would also say something about ps3 shortages.



I don't have any numbers on how many people get refunds but from this 2007 USA Today article about $230 Billion dollars is given in Tax refunds. And I'm sure that number is ever higher this year.

http://www.usatoday.com/money/perfi/taxes/2007-04-04-tax-refund-usat_N.htm

The reason why the tax refund impact may not be that great right now could be because most people who are getting refunds have filed already and received their checks while the majority of deadline filers are tax payers that owe money. I can admit that, maybe I misjudged the timing of the tax refund impact but to try to say that tax refunds don't have an impact on retail sales for things like video game consoles is pretty misguided. 



coolbeans said:
RVDondaPC said:
coolbeans said:
RVDondaPC said:
TWRoO said:
coolbeans said:
Well in NA it's tax time. Fairly normal for April not to be a high selling month for consoles for that reason alone in NA.

Same in the UK, and I imagine the rest of Europe too.

people are saving money.

That's strange. Most people I know get a refund check and thus have a lot of free cash to spend in April. I would think video game sales would increase. 

In U.S. (I'm sure other places but I personally can't confirm this) lower-income families can file for tax refunds but those are it.  I wouldn't doubt most of them have other expendatures in mind besides consoles.

Uhm.. I'm pretty sure you are wrong. Anyone that pays more taxes during the year than they owe gets a refund check regardless of how much money they make. Maybe you are getting it confused with the one time stimulus refund checks that were given out last year. As for lower income families, they generally buy material things with that money because it's the only time they can afford to, especially if they are a younger family. There's a reason why they are low income..

I mis-typed but I was only limiting to the ones that would definatly get one (provided it's not fraudulant).  Not "most people" are able to get tax refund checks as you're making it seem.  Most, if not all, lower-income families/persons will recieve tax refunds unless for certain reasons (fraud or other possibilities?).  People (or businesses) can file for tax returns for a variety of reasons but it's not exactly common for this range to pay too many taxes.  Normally, these middle-income, higher-income families, businesses, and everything in between should normally be able to get tax cuts before filing for tax breaks.

More than 50% of americans got refund checks this year so i'm not exactly sure what your getting at here.



gurglesletch said:
coolbeans said:
RVDondaPC said:
coolbeans said:
RVDondaPC said:
TWRoO said:
coolbeans said:
Well in NA it's tax time. Fairly normal for April not to be a high selling month for consoles for that reason alone in NA.

Same in the UK, and I imagine the rest of Europe too.

people are saving money.

That's strange. Most people I know get a refund check and thus have a lot of free cash to spend in April. I would think video game sales would increase. 

In U.S. (I'm sure other places but I personally can't confirm this) lower-income families can file for tax refunds but those are it.  I wouldn't doubt most of them have other expendatures in mind besides consoles.

Uhm.. I'm pretty sure you are wrong. Anyone that pays more taxes during the year than they owe gets a refund check regardless of how much money they make. Maybe you are getting it confused with the one time stimulus refund checks that were given out last year. As for lower income families, they generally buy material things with that money because it's the only time they can afford to, especially if they are a younger family. There's a reason why they are low income..

I mis-typed but I was only limiting to the ones that would definatly get one (provided it's not fraudulant).  Not "most people" are able to get tax refund checks as you're making it seem.  Most, if not all, lower-income families/persons will recieve tax refunds unless for certain reasons (fraud or other possibilities?).  People (or businesses) can file for tax returns for a variety of reasons but it's not exactly common for this range to pay too many taxes.  Normally, these middle-income, higher-income families, businesses, and everything in between should normally be able to get tax cuts before filing for tax breaks.

More than 50% of americans got refund checks this year so i'm not exactly sure what your getting at here.

I think you mean tax payers not Americans. But your point still stands.