rediction in price makes a jump because it's a huge shift other changes in demand can really only be mesured well after the fact.  Or once you can compair it to itself instead of just the price cute so like a year after the price cut.  Even then there are as I said many things that effect demand.  I was listing a few.   Just to try and get you to stop saying that there is no difference in demand like it is a fact. 

Not sure what you are getting at here. You might want to use more comma and periods in the future. The truth is that if a reduction of price making a blip is not a demand shift, it is a change in quantity demanded.

You can use weekly sales as a measure of changes in demand/quantity demanded. If there is a large jump out side of big buying seasons or sales over time start to rise, then something happened to the product. Two big jumps are price cuts, which leads me to beleive that it is changes in quantity demanded. After the first price cut, sales start to fall, making me beleive nothing else is at play.

I have statisticx 9.0 on my computer, so maybe I'll bust out some regresion analysis on the system over time.

One other way of mesuring demand of things is seeing how well it sells second hand or used.  When the wii was really in demand and almost always sold out everywhere it would sell more on the second hand market. It's not as bad as it was for the wii in terms of how big the mark up is. But very often now there is mark up for the ps3.  Currently to get it on amazon it would cost you 369.95 plus 29.95 to get it through Woldwide Distributors. So the demand is higher than the supply to a point. 

Not exactly. First, a sale on the second hard market is also a lose of a user on the first hand market. While it depends on the product, usually you sell a product off if you don't like it or it serves no purpose for you. If someone sells a 360 and someone else buys it, there was no change in the total number of net 360 sales. A good way to look at it would be to take total sales and minus out used sales/outstanding. This would give you a net realizable sales.

Also, if demand for the system is high, then everyone wants to get one. This means more used sales as well. Quantity demanded jumps may be different, depending on how much the system is sold for on the second hand market. Price drops aren't people wanting the system, just that now there is fewer hoops to jump in to get the product. So the used market wont naturally just increase with it. It will demand on what happens in that market.

I think you really have a wrong perception if you think the game industry kisses sony's ass.  They might not talk about the psp go but it's not like they are making ton's of games for it either.  Gamestop also mention wii being supply constrained as well.  Is it really hard for you to believe that demand for the ps3 is higher than what it is selling currently since there was a lot of big software released earlier this year.  Since they are selling less than both the wii and the 360 in the US an supply constrained I think that would be pretty much saying sony is having a big blunder and not covering it up.  Sony isn't makeing enough to meet demand while the other console makers aren't haveing the problem and selling more.

You have no idea. The fact that they ignore the PSP Go is a huge brown nose. Why point out that Sony's new endevor fail miserably. Good analysis would point that out and give reasons for and maybe tell others what not to do. Here they just ignore it. Of course, were the same thing to happen to Nintendo, they would plaster it everywhere. They also always put PS3 in a good light or as if it is doing amazing despite it's sales are lagging behind the others month after month (this has changed WW, but remains the same in the US last time I checked.) Look at a lot of reports and you'll always see them ignore the bad and praise the good. Example'

But let them spin away from the bigger story which is the disintegration of the Core Market. Final Fantasy XIII, where did it go? Gone. These games come out and then they disappear.

If this Industry had any sense of objectiveness, they would all be commenting on the sales of Super Mario Brothers 5. After all, they were having orgasms over the sales of Modern Warfare 2. Now that Modern Warfare 2 is fading away and Mario 5 keeps going, you would think they would comment on that. After all, Mario 5 is a 2d sidescroller where we were told that 2d sidescrollers could not sell. We were also told that the ways of the 2d sidescroller were lost to time, that people like me had to get used to ‘FPS galore’ rather than play games that resemble anything on the NES or SNES.

@epicurean:The reason I said that is it seems like girls gosiping. "OMG, did you see Wendy's dress!" "I know right!" That stuff. I'd rather have people say stuff to me dirrectly. Otherwise, you make good points.

Again, I really have a hard time accepting these huge shortages when Sony dropped from over 300k sold to only 180,000 last month, tracking along with the 360's sales fall very well.

Basically if they are supply constrained right now, they sure aren't shipping very many...

PS3 sales are falling a lot in Japan too the last couple weeks (~20k last week), so worldwide demand is low too.

I just checked some online stock though, and they are hard to find. This has been going on months, what is Sony's problem? I'd think they were purposely not shipping them to save money, except that PS3 is supposed to be profitable now (especially the 250 GB model)

Anyways I think you can find them if you want though. My brother bought one a couple months ago, and he only wanted the hard to find 120GB unit, and still got one. He just had to check Target on a Sunday when they get shipments.

Two things make your theories invalid.  One, the Wii did have a price cut.  It happened not too long after the Slim's launch.  It was mostly a defensive move since the Slim was still beating every other console WW on a weekly basis.  But, after the Wii price cut sales jumped again for the Wii.  Of course, I could say it has nothing to do with what the Wii has to offer and just point to the price cut.

Second, and probably most important, the 360 is the exact same price as the PS3.  Actually, the 360 has a SKU that is $100 dollars cheaper than the PS3.  And yet, the PS3 has still been beating the 360 on a weekly basis.  How is that if, by your way of thinking, the PS3 is only being bought now because of its price?  Why isn't the 360 being bought just as much, or even more with a $200 SKU?  The fact is with new quality games being released and the features that come free with the PS3, demand has gone up for it.  You can sell you HW for as cheap as you want, but if their is no demand it will fail.  Just look at all the other console failures from the past.  They lowered their prices to raise "quantity demanded", but it didn't work.

And for anyone to think that this gaming industry favors Sony, is just a showing of bias on their own part.  To even think this you would have to have ignored most of '06-'08, when many people were talking about the failure of the PS3, and how it would cause Sony to have to leave the console market.  Some companies, most notably Valve, refused to even think about developing on it.  It was only after the successful launch of the Slim that many started to get on board.

On a final note, it looks like Amazon has already run out again.  You can get a PS3 on there, but only of you want to pay WWD $360.  Looks like Target ran out, as well.  Looks like Best Buy finally got a shipment.  We'll just have to wait to see how long that lasts.

What I'm saying is when demand for a product is higher or if it is low supply for what the demand is the price of a used product gets closer to the price of a new if not going above it and some secondary retaillers just outright charge more than the MSRP like ones that sell through Amazon.com.  Why would people pay more than the msrp of a product unless they have some difficulty finding it?  Because the demand at the price available is higher than the supply.  Thus a shortage. Mostly a self made one by sony but a shortage all the same. 

Back to seeing what the demand is.   How do we know how much demand changes because of price vs how much it increased because of other changes in demand?   We don't really know.  we know the ps3 is selling more yoy most are probably from a change in price but can anyone say for sure it's all of them?  No.  Now if sales are still up yoy once we reach a year after the price cut it would be pretty clear demand is up beyond that from the price change. 

it seems like the $299 120 gb model is being eaten up as soon as it hits shelves.

Are you seriously trying to argue an economics concept? Your Econ teacher would try to choke you over this.

First paragraph neglects New Super Mario Bros Wii and Wii Fit Plus. Those did a lot more. To the second paragraph. Yes, if the two systems are at the same price and one sells more, that one has a greater quantity demanded than the other. The only thing is like last time, the PS3 was beating the 360 and then dropped down. It's likely to happen again so we'll wait and see.

And no, the game industry loves Sony. Try to find a bad thing said about Sony from any journalist or analyst. They only say bad things if they also say something good about the 360. You can find plenty of "Nintendo is doomed," stuff, but never a Sony is doomed. Go on, try it.

What I'm saying is when demand for a product is higher or if it is low supply for what the demand is the price of a used product gets closer to the price of a new if not going above it and some secondary retaillers just outright charge more than the MSRP like ones that sell through Amazon.com.  Why would people pay more than the msrp of a product unless they have some difficulty finding it?  Because the demand at the price available is higher than the supply.  Thus a shortage. Mostly a self made one by sony but a shortage all the same. 

Not sure what you were trying to get at here. Most of your sentenses are run-ons. Please use more periods and commas.

A shortage is when demand exceeds supply. If Sony supplies too little, than there is a shortage. If people buy them up too fast, than there is a shortage. The used market does not create a shortage. Supply and demand in this case would focus on the first hand market. The used and new market can be interconnected and one be dependent on the other, but we look at a shortage though the first hand market, not the second one.

Back to seeing what the demand is.   How do we know how much demand changes because of price vs how much it increased because of other changes in demand?   We don't really know.  we know the ps3 is selling more yoy most are probably from a change in price but can anyone say for sure it's all of them?  No.  Now if sales are still up yoy once we reach a year after the price cut it would be pretty clear demand is up beyond that from the price change. 

 It's common sense. If sales went up on this date and there was a price drop on that same day, it's becuase of a price drop. The only way it wouldn't be price is if it's elasticity of demand is perfectly inelastic (or close too it). This means no matter the price level, the market always demands the same quantity.

But let me ask you this. If you don't think it was the price drop, then what caused it?

Why would my Economics teacher "choke" me?  I'm just using your logic.  You act as if the price cut is the only reason demand went up for the PS3.  So, using that same logic, why can't I say the only reason that the Wii is doing well now is because of its price cut.  I mean the PS3 was beating it WW until it dropped to $199.  I honestly don't believe it, but again, just using your logic.  And if you're going to argue that it's only because of the pricecut for the PS3, then in the same breath defend the Wii's rise in sales as much more than its price cut, does little but point out a bias. 

Again your defense for what I wrote about the second paragraph is refuted by the fact that the 360 got a price cut along with the PS3.  It also has had a $200 Sku for over a year, yet the PS3 is still beating it ever since both of their price cuts.  So, there is obviously something there other than the price, otherwise 360 would still be crushing it.  Instead an 8 mil gap has decreased to 4.98 mil in the matter of months. 

Everyone loves Sony, huh?  Never would say it was doomed, right?  Explain these:

http://www.tomsguide.com/us/Sony-PlayStation-Blu-ray,news-3139.html

http://www.gamespot.com/users/DrCLos/show_blog_entry.php?topic_id=m-100-24622010

http://www.zdnet.com/blog/collaboration/is-the-playstation-doomed/184

http://www.1up.com/do/blogEntry?bId=8453000

http://www.removethelabels.com/2009/06/19/is-the-sony-playstation-3-doomed/

http://www.zdnet.com/blog/hardware/has-sony-failed-to-deliver-on-the-ps3-promise/157

http://www.2old2play.com/News/Time_Magazine_Online_Says__quot_PS3_Failed_quot_

http://kotaku.com/297947/new-japanese-book-asks-why-ps3-failed

http://www.gamespot.com/users/The_crapgamer/show_blog_entry.php?topic_id=m-100-25818415

http://www.destructoid.com/sony-falling-back-on-failed-marketing-methods-with-ps3-slim-146873.phtml

http://www.pcworld.com/article/128265-4/the_top_21_tech_screwups_of_2006.html

http://www.gamesradar.com/ps3/f/the-top-7-pr-disasters/a-2007031912215876016/g-20060314115917309058/p-7

http://online.wsj.com/article/SB123050978162738293.html?mod=googlenews_wsj

http://online.wsj.com/article/SB123069467545545011.html

http://www.gamertell.com/gaming/comment/rumor-playstation-3-possibly-inching-closer-toward-an-early-game-over/

http://www.obsessable.com/feature/the-state-of-the-playstation-3-should-you-buy-sonys-black-behemoth/

Oh, wait.  They don't count because they also said good things about the 360, right?  How that makes any sense, I'll never know.  But, of course, whenever anyone says anything negative about Nintendo it counts.  Makes perfect sense to me. 

lol, you cant fuck with this post.

if you want to talk about things going wrong, talk about xbox's exclusive games lineup.
fable 3's going to pc, alan wake hardly sold, halo reach made big promises but plays and looks the same.
the only good thing about xbox as it stands is gears of war 3 which wont even be close to uncharted 3.
i mean take away games you could buy for cheaper and run better on PC like mass effect, L4D, splintercell conviction etc......what does xbox really have? not much.

It's becuase you are trying to argue Quantity Demanded. Econ teachers try to drive this into students heads and will fail most of the time. There will always be a question on the Supply and Demand test that says "Which one of these increases demaand" and price will be an answer.

You are most certainly not using my logic. The reason you can't say the Wii only went up in demanded because of a price cut is because of this. Notice how the Wii spikes up. That was in 2008, before the price cut. So if you were to say "Wii's never increases in demand," like I'm saying for the PS3, you'd be very wrong because the evidence points a different way than your claim. Now, looking at 2009, you could say the Wii got a boost from the price cut. The evidence supports it. The problem is that there are other factors at play and that is software. Remember that 2008 had an increase in demand and there was no price cut (they don't go together anyway). So, there is evidence of software boosting hardware sales. So, at the same time, we can attribute software in 2010, namely Wii Fit Plus and New Super Mario Bros Wii, to boost in hardware. You could even go as far and say that the boost was people buying console in anticipation for the game (it did sell 10 million in two months). These games still light up the charts, telling us they may have something to do with what is going on.

Also, "using my logic," does not mean twisting my claim. That has nothing to do with my logic. That phrase means that you follow my own methodology to getting to a sollution. You say this when you think my method is flawed by coming up with a flawed conslusion. You just twisted a claim.

I also don't see how the 360 is doing refutes my claim. My claim is that "The PS3 never increased in demand, just quantity demanded." My claim has nothing to do with the 360 becuase my claim is about increases in demand. 360 going down in price would decrease demand, but my claim is on increases. However, understand that just becuase two goods in the same market decrease their price does not mean quantity demanded goes up at the same rate for both. However, you can claim that low sales for the 360 now are due to the PS3's price cut.

On the articles, notice hjow they all speak good about Microsoft. Microsoft is still losing billions as well and is far behind Nintendo. So why do they praise Microsoft when Sony is doing bad. It's becuase, to them, it's a two horse race. They will always see it as PS3 vs 360 despite the fact Nontendo has clobered them both. Nintendo could be more of a reason they are failing, but it is never mentioned. At the same time, Nintendo is always doomed. If they can say the other two will stomp Nitendo, they will.

Of course, my claim was they always cover Sony's ass, and you did prove me wrong, so I have to give credit where credit is due.