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Forums - Sony Discussion - Still Expecting A PS3 Pricecut After The Recent Times Article?

Squilliam on 05 January 2009
mrstickball said:
And one should note: Despite the lack of a price drop for the past 1 year and 2 months, sales have been bad vs. the X360 and Wii, but not very bad considering the insane cost of the product ($400-$500) and the further fact that sales haven't abated very much on the console. Sony cut the price last time when sales were in the (literal) gutter.

Even if it declines YOY, it's still in a decent position given the cost of the product. Sony may not *need* to cut the price for awhile, unless the PS3 starts seeing major YOY decreases.

I guess that's a good position for Sony to be in - not being forced to drop the price due to continued mediocre (but good for the price) sales.

But the losses YOY will be significant. The PS3 did well for the first 6 months of last year if you consider MGS4, GT5P and coming off the back of the price cut. The holiday season sales were lower than the Xbox 360 two years ago so coming into this year the sales of the PS3 will fall significantly YOY, if you consider the poor performance of the 360 this time last year. We won't know the true extent of the damage until the end of January when we get the financial disclosures.

 

 



Tease.

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Dgc1808 on 05 January 2009

I expect a Price Cut in the Future.....



4 ≈ One

gebx on 05 January 2009
BMaker11 said:
seece said:
Squall_Leonhart said:
You getting off to the bad Sony news then Gebx? As per usual...

 

Get some new material. Are NON PS3 owners not allowed to talk about the PS3?

Of course they can! It's just that negative PS3 news is ALL Gebx talks about.

On the opposite side of the spectrum, you'd have someone who only posted RRoD and mediocre JRPG threads

 

 

Stopped being a hater.. I'm just asking if the recent news has changed your prediction on a PS3 pricecut this year



Proud Member of GAIBoWS (Gamers Against Irrational Bans of Weezy & Squilliam)

                   

theword on 05 January 2009

Yes, it is against standard wisdom to cut your income when you need it most.  However, standard wisdom also dictates that when your competitor drop price by a large margin, you have to follow suite.  Otherwise risk the market forget your product.  If you look at the airlines industry, you will see that the airlines do just about any thing to keep up with competitors moves.  Many of them price cut (fares) themseves into bankcruptcies after 9/11.  In the case of Sony, when MS cut, Sony should have responded with their own cut within three months.  

If they let MS run away with this perceived value gap too long, all kinds of complications will show up.  The install base gap would blow pass 10 millions by end March 09.  Developers would lose faith in the system and start canceling projects or turn out even more half baked ports.   All this would translate into more value to 360 in consumer mind.  Soon the snow ball would be too large to stop.  Sony with all their problems is not any where near BK yet.  They are just not a multi billion profit making machine lately. 

Even MS themselves absolutely expected Sony to respond soon.