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Forums - Gaming Discussion - Why are so many people requesting console price cuts?

Because people like to whine.



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I want a price cut because I want the PS3 for gaming and nothing else and since the extra features has little to no significance for me the current price tag for the PS 3 as a gaming console only is wayt o high. Most people can´t afford thoose prices without rearanging their economy.



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Being in USA, having the dollar fall doesnt mean the price of food or gas falls. In fact, due to escalation, the essentials have taken a larger portion of take home income. This means less money for games and consoles...thats' why I want a price cut for the 360 so I can get SO4. :D



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So this would be a great opportunity for Microsoft to cut prices and really hit Sony hard, right? Since the 360 is an American console?



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People want a price cut because for the average consumer, paying $500+ just to have the system to play games, it's ridiculous. Most gamers enjoy games(<-brilliant observation), but have other things they like to do as well.

I'm not trying to say people who do want to buy a $500-600 console are losers or have nothing better to do. Gaming is probably your biggest hobby, and I respect that. For me, music (mostly software for the creation/production of music) is where most of my money goes, but I still like gaming. However, while I am willing to spend some money on gaming, I can't put it as a priority over music. So there is a conflict of interests, and music wins. A decent price cut would greatly help to solve this problem.

Games are fun.  People want to play games.  People are not willing to spend hundreds of dollars in oder to play them.  They want to pay what they have become used to paying.  They don't want  it to take up more of their income.



So this would be a great opportunity for Microsoft to cut prices and really hit Sony hard, right? Since the 360 is an American console?


uh no sorry. The interesting point for the ability to make it cheaper is the manufacturing price. And I am pretty much sure that the 360 has exactly the same manufacturing history as the PS3. OR in other words no honest hard-working American ever did lay hands on it.



wfz said:
So this would be a great opportunity for Microsoft to cut prices and really hit Sony hard, right? Since the 360 is an American console?

The dollar value is a reflection of the import/export relationship a country has relative to the outside world.  Meaning that if the 360 were entirely US-made and distributed it, it would be unaffected by the flucutations within the US.  However, not all the parts are made in the US and the console itself is likely not even assembled in the US (correct me if I'm wrong 360 owners) which means that all the dollars that flow from Microsoft to companies outside the US become weaker meaning Microsoft needs to shell out more (except in explicit existing contracts) for the same product.

The end result will be that Microsoft's manufacturing costs go up so a price cut becomes more unlikely.  Of course, I expect Microsoft to have fixed price contracts with several of its partners which will negate this to an extent (shifting the loss to Microsoft's partners). 



Bodhesatva said:

Right, that's what needs to be made clear. Since the recession in the US started, the 500$ PS3 has:

1) Not become cheaper for US Citizens.
2) Become less profitable for foreign manufacturers to sell.

So there's two halves of the equation, and only the latter half has been affected. And I agree, profitability > install base.


Exactly.  Right now, foreign dollars can buy more American dollars worths of goods.  When one currency is weaker than another, it becomes more beneficial to buy from the weaker currency holder as you get more for your money.



It`s just a psychological barrier.

People were USED to consoles, which costed MAXIMUM 299$.
During previous gen, MOST time they were buying consoles at 149$-199$.
And now what? 349$-399$. That is quite a difference. =)



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2009.04.30 - PS3 will OUTSELL x360 atleast by the middle of 2010. Japan+Europe > NA.


Gran Turismo 3 - 1,06 mln. in 3 weeks with around 4 mln. PS2 on the launch.
Gran Turismo 4 - 1,16 mln. with 18 mln. PS2 on the launch.

Final Fantasy X - around 2 mln. with 5 mln. PS2 on the launch.
Final Fantasy X-2 - 2.4 mln. with 12 mln. PS2 on the launch.

 

1.8 mln. PS3 today(2008.01.17) in Japan. Now(2009.04.30) 3.16 mln. PS3 were sold in Japan.
PS3 will reach 4 mln. in Japan by the end of 2009 with average weekly sales 25k.

PS3 may reach 5 mln. in Japan by the end of 2009 with average weekly sales 50k.
PS2 2001 vs PS3 2008 sales numbers =) + New games released in Japan by 2009 that passed 100k so far