BengaBenga said:
NJ5 said:
SMcc1887 said: So, theres now like 10% chance a PS3 price cut will hit 2009? |
I'd say a < 5% chance in Q1-Q3 and a 10-25% chance in Q4. A lot depends on the exchange rates, if those get favorable it would help the gaming division a lot.
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I assume you mean calanderyear Q1-3? Without a pricecut PS3 is on track to sell about 3 million worldwide in the first 3 quarters if we extrapolate the November-December sales. An October pricecut could drastically increase sales, but I don't know if it will ever recover from such terribly low sales earlier in the year.
This must be a prime example of "between a rock and a hard place"
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Yes I'm talking calendar not fiscal quarters.
And yeah, PS3 sales are poised to be pretty bad without a price cut, which is why I predicted about 9 million PS3s sold during 2009 (at that time assuming a price cut at the end of the year).
Price cuts are very expensive, even a $50 price cut would mean losing half a billion in revenue, with only part of it recovered by additional game sales gained by the hardware sales boost... I expect loads of bundling, for example with KZ2 and GT5. They better get GT5 out this year to get cash flowing in.