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Forums - Sony - Pachter: Sony will cut PS3 price 1st of April

http://www.bloomberg.com/apps/news?pid=20601101&sid=aEXJ1SkWAj.8&refer=japan

http://www.forbes.com/reuters/feeds/reuters/2008/12/10/2008-12-10T085548Z_01_T18401_RTRIDST_0_SONY-UPDATE-3.html

http://ps3.kombo.com/article.php?artid=8993

Sony is having to sell bonds to refinance debt. It had a lot of long-term debt come due this week. So it will have to make money to pay these back.

Sony is in need of reorganization and most feel that this will reach the game division at some point.

The reason for me stating this is that Sony's options are limited. It cannot cut price without knowing it will make it up in other areas.

Mike from Morgantown



      


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WiiStation360 said:
NJ5 said:

http://www.thestreet.com/_yahoo/newsanalysis/hardware/10455329.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

"My guess is that they will cut April 1, which is the day after the end of the fiscal year," Pachter said. "To cut $50 after Christmas doesn't do that much for you. Potentially, Sony could sell 3 million more units at a $50 incremental loss each. That's a $150 million loss, which is hard to reconcile with the job cuts the company has announced."

 

If each new PS3 owner buys an extra controller and 2-3 games, Sony breaks even.  Software sales are where the money is at.  They need to sell more hardware to increase software sales.

 


Bingo. But of course with every sale of extra PS3 , the loss incurred increases exponentially thus they need all buyers to do this.

Whenever Sony will decide to drop the price, we will know at least two weeks in advance. Reeves will deny everything as usual.



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This is Wiiforever and since you apparently know your stuff about IP addresses, you should be able to figure out I am not coming from a proxy and that I am using a Static IP. Also, if you take further note, my static IP is different now. That is because I can change it from my router. So have fun blocking each new IP I get. Just now that there are billions of combinations I can use :))))))))))))))))))

 

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I figure they'd drop the price sometime in the summer, but hey, what do I know? ^_^



The_God_of_War said:
A price cut on April Fools Day?

 

Yeah that's what I was thinking too. lolwut



$50 then, $50 in September/October.

At least that's what I think.



Pachter: Sony will cut PS3 price 1st of April well shit!!

everything Patcher says is 99% wrong...



 

You wanna have your opinion, then you have to respect different opinions as well.

 


Is Pachter setting up an April Fools prank already? That would be awesome.



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