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Forums - Sales Discussion - UK PS3 prices falling

reverie on 18 April 2007

@Yayner

Probably because the PS2 stopped selling in Japan, unlike other places.


Hardcore gaming is a bubble economy blown up by Microsoft's $7 $6 billion losses.

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elprincipe on 18 April 2007
reverie said:
When comparing US and Euro prices please remember that Euro are prices are with VAT, while US prices are without sales tax. £399 incl. VAT is £340 or $681 net. That is more like the continental price of €599 (incl. VAT). £425 was a too high right from the beginning.

Excellent point.  We should also remember that it's hard to compare prices.  Our European friends pay VAT on purchases all year and don't have income taxes sucked from their paychecks, so we should keep that fact in mind. 



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shams on 18 April 2007
FishyJoe said:

Has a new console ever had it prices cut so quickly? It's only been a month.

 

 
Yes. This happened to the Xbox1 when it launched in Australia.
 
It launched at around $800AU. The gamecube was around $400, and the PS2 around the same price.
 
It sold well at launch - for a week or two. Then the sales vanished.
 
MS cut $200 off the retail price (in one swoop!), and ended up sending out "game" vouchers to everyone who had bought it in the first 2 weeks to compensate them (the vouchers didn't do much - sort of allowed purchase of one free MS game - crappy titles only).
 
MS had to do this, as the current price made the machine completely uncompetitive (regardless of features). 
 
...
 
Sony may well be forced to do the same. This situation stinks, I think retailers have been done over by Sony. And as the article says, no retailer wants a LARGE quantity of 400pound devices sitting in their storeroom.
 


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torfred on 18 April 2007
elprincipe said:
reverie said:
When comparing US and Euro prices please remember that Euro are prices are with VAT, while US prices are without sales tax. £399 incl. VAT is £340 or $681 net. That is more like the continental price of €599 (incl. VAT). £425 was a too high right from the beginning.

Excellent point.  We should also remember that it's hard to compare prices.  Our European friends pay VAT on purchases all year and don't have income taxes sucked from their paychecks, so we should keep that fact in mind. 


Actually we pay both VAT and income tax



bdbdbd on 18 April 2007
torfred said:
elprincipe said:
reverie said:
When comparing US and Euro prices please remember that Euro are prices are with VAT, while US prices are without sales tax. £399 incl. VAT is £340 or $681 net. That is more like the continental price of ¬ 599 (incl. VAT). £425 was a too high right from the beginning.

Excellent point.  We should also remember that it's hard to compare prices.  Our European friends pay VAT on purchases all year and don't have income taxes sucked from their paychecks, so we should keep that fact in mind. 


Actually we pay both VAT and income tax


And to add to that, both are with bigger % than in the US.

Ei Kiinasti.

Eikä Japanisti.

Vaan pannaan jalalla koreasti.

 

Nintendo games sell only on Nintendo system.

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davygee on 19 April 2007
andamanen said:

The British version had been way overpriced compared to the US and even Euro-land. Now with the dollar falling even further against the pound and euro, they can't hold that extreme pricepoint they had at launch. GBP 390 is still nearly $800!

I dont think US or Euro will see a price drop anytime soon.


Totally...at the moment, the general public can get $1.95 to the £pound.  The current RRP in the UK is £425 (which includes VAT at 17.5%) which means that the PS3 is £361 excluding VAT.  The US price is $599 not including TAX.

£361 converted into dollars is $704 compared to the US price of $599...so why don't they drop the UK price by $100 to be comparable.

If we were to pay the US $ price along with VAT on top we would be getting charged: £360 for the console which is a whopping £65 off the RRP.

And I have been working out the exchange rate based on the GP rate, not the bank conversion rate that is over £2.00 to the £pound.

Get a grip Sony. 



Prediction (June 12th 2017)

Permanent pricedrop for both PS4 Slim and PS4 Pro in October.

PS4 Slim $249 (October 2017)

PS4 Pro $349 (October 2017)