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Forums - Gaming Discussion - Sony price cut news leak hurting PS3 holiday sales

stof on 11 December 2008

So wait, the PS3 is only selling bad now because it's going to sell so well later?



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Comrade Tovya on 11 December 2008
Chris Hu said:
I don't think a rumored March price cut can hurt December sales of any console a rumored January price cut maybe but March is to far off from December.

 

Yeah, I think a $199.00 entry level XBOX 360 versus a $399.00 entry level PS3 is hurting sales.



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DMeisterJ on 11 December 2008
stof said:
So wait, the PS3 is only selling bad now because it's going to sell so well later?

Apparently...

 



TheSource on 11 December 2008

Sony needs all the revenue it can get right now...PS3 isn't getting a cut before April or May 2009 in the west and I'd put it more likely in the fall.



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selnor on 11 December 2008

I doubt a prcie cut. With the current state of Sony the PS division is yet to propose it's money saving cuts. The execs are hardly going to let them drop price. They need them to save money. Maybe sell 5 or 6 studios. Increase PS3 price, or pull the 10 year plan and never drop the price. More to worry about at Sony than this gen now.



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XGamer0611 on 11 December 2008

This is a dumb theory.

First off, I would believe this theory if the price cut rumors said a week or two. The economy is bad and the PS3 isn't selling big, it's as easy as that. No one is holding/saving their money waiting for a price drop in March 2009. This is the holiday season and people are buying consoles to give people on December 25th not on March 25th.

Secondly, on the huge sales in March of '09. It depends how much this price drop is and if Sony adds an incentive for customers to buy. Sony dropped the price twice last year that is the main reason there is no price cut this year. Sony needs to add incentives. Also cheaper bundles why is it every bundle Sony has released is $499? How about a $399 bundle?



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NJ5 on 11 December 2008
TheSource said:

Sony needs all the revenue it can get right now...PS3 isn't getting a cut before April or May 2009 in the west and I'd put it more likely in the fall.

Agreed. Before the currency disaster, they were expecting to break even on hardware around the end of the fiscal year (by Sony's CFO's word), now the break even point has likely moved many months forward.

The only way I see a price cut in early 2009 is if the exchange rates recover to give Sony some breathing room. I don't think that will happen though, in fact the dollar keeps getting weaker and weaker, and the Euro is not showing signs of improvement.

 



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tuoyo on 11 December 2008
badgenome said:

Yeah, I'm certain that an internet rumor outweighs both the shitty global economy and actual price tag of the PS3. In fact, I believe this rumor is the only thing keeping the PS3 from grabbing the mass market from the Wii.

Extremely amusing

 



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Chris Hu on 11 December 2008
XGamer0611 said:
This is a dumb theory.

First off, I would believe this theory if the price cut rumors said a week or two. The economy is bad and the PS3 isn't selling big, it's as easy as that. No one is holding/saving their money waiting for a price drop in March 2009. This is the holiday season and people are buying consoles to give people on December 25th not on March 25th.

Secondly, on the huge sales in March of '09. It depends how much this price drop is and if Sony adds an incentive for customers to buy. Sony dropped the price twice last year that is the main reason there is no price cut this year. Sony needs to add incentives. Also cheaper bundles why is it every bundle Sony has released is $499? How about a $399 bundle?

I agree Sony needs cheaper bundles.  Well lets hope that Sony has an entry level bundle for the 09 Christmas season.

 



ChronotriggerJM on 11 December 2008

Yeah I love the PS3 :P But I call shenanigans ^^ The community that knows of a circulating price cut isn't anywhere near big enough to stop the people who really buy the consoles :P Sure it'll put off a few sales, but not that drastic of an amount.

I agree with the above post. A $199 dollar 360 is hurting PS3 sales :P



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