PS3 News: Another PS3 Price Drop? Probably Not. - PS3 News

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Another PS3 Price Drop? Probably Not.

Sony has already dropped the price of the PlayStation 3 several times - with either direct cuts or new, lower-priced models - but if you're hoping for another this year, you may be out of luck.

Federal Reserve Chairman Ben Bernanke said yesterday the US might be headed towards a recession, and as of now, the yen is up while the dollar is down. This has caused Sony to suffer about $496 million in operating losses, which means they're forced to pursue significant reductions in production costs. Basically, Sony currently isn't entertaining any thoughts about lowering the retail price of the PlayStation 3 or PSP any time soon.

“As to the situation of the US dollar’s weakness in the medium to long term, we already have a strategy to deal with it,” said Ryoji Chubachi, Sony president. He further elaborated, “We will lower our production costs as possible as we can and we will choose production sites to cope with the industry’s weakness, and in the short term, we will try to accept more orders.” (source-MSN Money)

Now, we realize that a new PS3 SKU (CECHE01) has cleared the FCC, but we really don't have any details on this new model as of yet. However, based on the current situation, it's probably not very likely that it will be any lower than the $399 a standard 40GB PS3 costs now. There is a slim possibility of seeing a hardware price cut for the holidays, but we shouldn't hold our collective breaths.

4/3/2008 Ben Dutka

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Legacy Comment System (5 posts)

Warukyure [Power User]
Thursday, April 03, 2008 @ 11:14:24 AM

If the past few months of sales of the PS3, I don't think that many people have a problem with the price of it. The 80GB version used to outsell the 40GB version even though it was a $100 more. (I think PSXE said it was like 4:1?).

With more and more games coming out, it should be fine at its current price point. When the PS2 came out no one complained about the price. When you think about inflation and stuff, the PS2 would easily cost more than the PS3 right now.

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ArnoldK PSXE [Administrator]
Thursday, April 03, 2008 @ 11:37:09 AM

Bush's America: Screwing up PlayStation 3 price-drops for all of you.

Paid for by the people of the Democratic National Committee.

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Thursday, April 03, 2008 @ 12:43:24 PM

Come on, you can't blame Bush and his cronies for that. Ok, they've practically quadrupled the price of oil, made America hated around the world and are responsible for countless deaths of both American soldiers and Iraq civilians. But hey, Bush isn't stupid enough to screw up the American econemy is he?.....
Like Clinton said when asked what the American people really care about, "It's the economy, stupid.". I guess stupid is his pet name for Bush. lol

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ArnoldK PSXE [Administrator]
Thursday, April 03, 2008 @ 5:36:02 PM

While I'll avoid the topic of politics and who's responsible for what. The fact that our economy is weakening to the point where big companies such as Sony are throwing price-drops out of the window really sucks. It's not just the PlayStation 3 clearly. Technology altogether will probably come to a standstill, in terms of pricing. Again, this sucks, because last year prices of HDTVs were falling so hard and so fast, where as this year, they probably won't budge much.

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Thursday, April 03, 2008 @ 7:21:28 PM

But you also have to take into account that the video game industry is probably the least effected industry when it comes to a recession. When Gas prices are so high that it's actually cheaper to just stay home and play a video game you know the economy is in trouble.

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