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Forums - Sales - Xbox 360 more wanted than playstation 3?

Bitmap Frogs on 29 June 2009
Squilliam said:
Bitmap Frogs said:
aavidbacon said:
I did economics and I can say that price is the main sign of desire of a product. If the X360 is only 20%-10% above the PS3 in sales, but have at least a 25% price difference($299/399 = 74,9%), based on the average model, than we can say that the PS3 is the more desired. There's also the fact that the X360 sales are shared between the SKU's, but I would bet that if you took out the Arcade model, the sales would dip below PS3's. Let's face it, apart from the US, where people really like the X360, in the rest of the world people are getting the X360 only beacause the PS3 is still $399.
Last year prove my argument. While there wasn't a Arcade model and a price cut, the X360 was behind, after that it was in front. In matter of fact, if it repeated last year's sales up to now, the X360 would be on par or behind the PS3, and the PS3 is down YoY. The X360 is up YoY and in the beggining of 2009 was up almost 20%.
Just take a look at Killzone 2 realease week. The X360 was even down WoW, at 180k but up compared with the similar week in 2008(120k).The price cut and Arcade did it. The numbers shows it.

 

Ah, typical economist.

Yeah, the 360 is outselling the ps3. Microsoft will work hard at keeping a reasonable price difference so nothing will change. 

Ah since you are such a trained individual, why don't you talk about the costs of staying 3 years + beyond the reach of consumers? Market share, mindshare, all that jazz. C'mon let the buzzwords out!

What about the substitution effect between the different SKUs? You'll have to estimate how many people would have bought a Premium had the Arcade not been available.

What about price discrimination? Microsoft price discriminates with the Arcade SKU and the Premium SKU. With no Arcade theres no price discrimination so its unlikely that the Premium would still be $300 today.

Then you have to work out the cross price elasticity between the new cheaper (sole) Premium SKU and the PS3 since without the Arcade the Premium would be cheaper.

Wait? You probably can't.

 

Oh yeah baby! scratch those buzzwords!





Current-gen game collection uploaded on the profile, full of win and good games; also most of my PC games. Lucasfilm Games/LucasArts 1982-2008 (Requiescat In Pace).

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Squilliam on 29 June 2009

^ Economics!



Tease.

Tony_Parker on 29 June 2009

@aavidbacon : I'm no economist, but what you say seems pretty obvious to me, price is the difference.

But in MS fanboy land, pigs fly and you can imagine other reasons why the 360 was killed in sales before september and won in sales after september.

No, it can't be the price cut, it would be too simple, there must be another explanation.

But yeah, you still have personal attacks left, so don't give up. Plus, it's funny to read.

Boooh, those are buzzwords !! ;)



nightsurge on 29 June 2009
Tony_Parker said:
@aavidbacon : I'm no economist, but what you say seems pretty obvious to me, price is the difference.

But in MS fanboy land, pigs fly and you can imagine other reasons why the 360 was killed in sales before september and won in sales after september.

No, it can't be the price cut, it would be too simple, there must be another explanation.

But yeah, you still have personal attacks left, so don't give up. Plus, it's funny to read.

Boooh, those are buzzwords !! ;)

Spoken like a true PS3 fanboy.  There can only be one explanation, fellas!



Bitmap Frogs on 30 June 2009
Squilliam said:
^ Economics!

 

Kicking Rad!





Current-gen game collection uploaded on the profile, full of win and good games; also most of my PC games. Lucasfilm Games/LucasArts 1982-2008 (Requiescat In Pace).

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sinha on 30 June 2009
Squilliam said:

Yep the Xbox 360 is more wanted:

$299 + 6x$50 (Live) + $200 (Blu Ray) + 2x$20 (Play n Charge for two) +40 (controller) + $80 (Wireless) = $960

vs

$399 + $45 (controller) = $444

So you see the PS3 is half the price of the Xbox 360 and yet the Xbox 360 totally pwns the PS3 in spite of the PS3 being almost half the cost!!! So you see how much people desire the awesome which is the Xbox 360? Sony really is desperate, they probably think that if the PS3 is close to 1/3rd the cost of the Xbox 360 ($299) it might outsell it.


That's pretty much how it goes on gaming forums, the 360 is twice the price of the PS3 if someone asks which console is the better value, and the 360 is half the price of the PS3 if someone asks why it's selling better.

If that was really the case, you might think a bunch of casual mommies were buying the "cheap" Arcade at $199 for their kids, while all the well informed hardcore gamers were buying the "better value" PS3... until you looked at their respective attach rates.

 



We don't provide the 'easy to program for' console that they [developers] want, because 'easy to program for' means that anybody will be able to take advantage of pretty much what the hardware can do, so the question is what do you do for the rest of the nine and half years? It's a learning process. - SCEI president Kaz Hirai

It's a virus where you buy it and you play it with your friends and they're like, "Oh my God that's so cool, I'm gonna go buy it." So you stop playing it after two months, but they buy it and they stop playing it after two months but they've showed it to someone else who then go out and buy it and so on. Everyone I know bought one and nobody turns it on. - Epic Games president Mike Capps

We have a real culture of thrift. The goal that I had in bringing a lot of the packaged goods folks into Activision about 10 years ago was to take all the fun out of making video games. - Activision CEO Bobby Kotick

 

BMaker11 on 30 June 2009
nightsurge said:
Tony_Parker said:
@aavidbacon : I'm no economist, but what you say seems pretty obvious to me, price is the difference.

But in MS fanboy land, pigs fly and you can imagine other reasons why the 360 was killed in sales before september and won in sales after september.

No, it can't be the price cut, it would be too simple, there must be another explanation.

But yeah, you still have personal attacks left, so don't give up. Plus, it's funny to read.

Boooh, those are buzzwords !! ;)

Spoken like a true PS3 fanboy.  There can only be one explanation, fellas!

Before the 360 cut the price, it was losing to the PS3, and after it cut the price, it started winning.....is PS3 fanboyism?



Squilliam on 30 June 2009

^ Before the PS3 cut the price, it was losing to the 360, and after it cut the price, it started winning.....is 360 fanboyism?



Tease.

moondeep on 30 June 2009

@ Squilliam,

Each month, the PS3 sales are down from year over year, with the latest showing a 46% drop (as of 6/20/09). How can you honestly say you think the PS3 is winning?



Hardware is only a means to enjoy great games!

daroamer on 30 June 2009
Tony_Parker said:
@aavidbacon : I'm no economist, but what you say seems pretty obvious to me, price is the difference.

But in MS fanboy land, pigs fly and you can imagine other reasons why the 360 was killed in sales before september and won in sales after september.

No, it can't be the price cut, it would be too simple, there must be another explanation.

But yeah, you still have personal attacks left, so don't give up. Plus, it's funny to read.

Boooh, those are buzzwords !! ;)

So then you agree that the 360 was the more wanted console and people were just waiting for the right price to purchase one?  At least we're on the same page then.