"EB Games employee"

Stopped reading there. Hell, just the other day my boss was like "Did you hear? They just announced the date for the price drop! April xx!" I can't remember the specific day in April, but I was like... where'd you hear that?

My mate has a PS3 and the only reason he got it is because his father in law bought a new telly and it came with a free ps3. This was the UK and the PS3 had been around for some time.

Most if not all pricedrops announcements are done on short notice.  Why?  Because if you do them too far in advance then people will stop buying them at the current price because they know they can get a better deal later.  The 360 pricedrop last september was officially announced about a week or 2 before it happened.  The PS3 pricedrop in 2007 was announced about 2-3 weeks before it happened.

Pricedrops have to happen on short notice for said reasons.  Don't want people not buying them at the old price because they know they can get it at a cheaper one.  It sounds cold and harsh but its better business that way.  Nintendo always likes to play off that by saying they don't like to drop price because it makes it a worse deal for the ones who bought it at the old one.  Of course that's just good PR on the scenario but can't avoid it.

So really the shorter the notice the better but can't be too short because then people won't know its happening.  So generally it's 2-3 weeks difference between announcement and actually pricedrop.

As for the rumor I don't like the source all that much so I'm not going to dig any further but it would really be nice.  I'm still looking to buy a PS3 and $300 is my early starting price so here's to hope.

@axumblade

I hear your arguments....but they appear to be Sony spin, imo.

  1. You say Sony was leading in system sales for most of last year. That's true :)

But then you end the sentence by saying that MS made a huge comeback with the price cut. There was no huge comeback since MS was already leading by 7 milllion consoles. It's Sony which needed and needs a huge comeback since it is the one playing catch up and was only leading by a small margin for the year. That is why MS could overtake it in the 2 holiday months. Even if MS didnt make a price cut, its lead still would have been 6 million, at the least.

  2. Ninja Gaiden was published by MS but Ninja Gaiden Sigma still came out for the PS3. So why would anyone think that it wouldnt happen again..ermm...fanboy stupidity? Hey, I never said delusional fanboyism was exclusive to Sony console owners ;)

 3. And suppose ME2 is a timed exclusive?....it still makes MS one step ahead of Sony. Remember that in the last generation it was the other way around with the PS2 getting all the goodies first and that wasn't a good thing for the Xbox.

The reason I said what difference would a Sony price cut make is that since MS released their console a year earlier they have the upper hand in strategic countering of Sony's next move. Believe me, I'm not a Sony hater but I am disgusted with their handling of this console generation. They had no answer for the Wii at launch and didn't anticipate that MS would actually have a great gameplan (which ironically they adopted from Sony's last generation dominance)

If the new rumor for Target to Sell PS3 Bundle with Motorstorm & Resistance for $399 starting Mar 29th is true, this one is unlikely to be true. IMO, I think the Target rumor makes more business sense.

i dont think some unknown guy should be telling sony how to go about their business.

im also happy with the current price but a price cut would give massive sales to the ps3 and shut alot of people up!

Guess we'll have to wait and see.

I feel this is not going to happen. Too bad we won't find out until Sunday. When the major retailers release there ads. The earliest we'll find out is Friday when Gamestop releases their weekly ad.

I think the $100 dollars is going to be a tough pill to swallow. All MS price drops have been $50. Nintendo has yet to lower the price of the Wii.

As far as I know, Sony is STILL LOSING MONEY FOR EVERY PS3 SOLD!  So at MOST, there will be a $100 price drop this whole year overall, and if Microsoft made a 360 available for $99.99, it would sell 2x as much, LITERALLY!