Sony Remains Firm: "Definitely No PS3 Price Drop" Planned
We have to make this unfortunate clarification again, because we're already starting to see questions in our inbox based on recent news that a PlayStation 3 price drop may be closer than expected.
The most recent evidence comes from Janco Partners' analyst Mike Hickey, who said a $299 PS3 price tag could be included in a big Sony announcement a few days from now. In the note, shown by GamesIndustry.biz, Hickey writes-
"...recent channel checks indicate increased speculation for a PS3 price cut announcement from Sony in the next couple of days." Sony's been avoiding a price drop on its PS3 hardware, instead focusing on trying to turn the PS3 business into a profitable one. However, with hardware sales for the console floundering, most industry pundits believe Sony has little choice if it wishes to stay competitive with Microsoft and Nintendo."
However, a new update from SCE has confirmed that Sony "definitely has no plans" to issue a price drop for the machine any time soon. The representative repeated what many journalists have already heard; that the PS3 is on track to hit the company's goal of 10 million units sold for the fiscal year. Also, they like to say it's more about the "games, content and services (PSN)" than it is about the price, and one has to admit, they have a point. Furthermore, with the recession, it can be difficult to cut prices, especially when you're still losing money on a particular product at its current price point.
2/24/2009 Ben Dutka
Put this on your webpage or blog:
Email this to a friend
Follow PSX Extreme on Twitter
Comments (62 posts)
LimitedVertigo
Tuesday, February 24, 2009 @ 11:48:52 PM
Reply
King James
Wednesday, February 25, 2009 @ 12:16:05 AM
Reply
ps92117
Wednesday, February 25, 2009 @ 7:36:07 PM
www
Wednesday, February 25, 2009 @ 5:18:09 AM
kreate
Wednesday, February 25, 2009 @ 6:58:18 AM
wano
Wednesday, February 25, 2009 @ 8:13:42 AM
Last edited by wano on 2/25/2009 8:20:28 AM
wano
Wednesday, February 25, 2009 @ 8:25:37 AM
www
Wednesday, February 25, 2009 @ 10:29:59 AM
Seeing this, i knew the 60GB wouldn't last,so i bought the new 80GB in sep. 08 as a spare.I made the right guess cause 60GB died early Feb. 09.Besides iv'e opened up n messed with 60GB a whole lot n don't wanna bother sendin' it to Sony.
All ps3's have chrome except the 60GB's chrome is mirror-like whiles the 80GB is not.EU ps3's btw,dunno about US.
KREATE,don't worry as long as you treat her right,she wouldn't mess up.Remember,mine was sorta abused.It's good to note that some ppl who had the ylod,didn't even overuse or abuse their ps3's,so really,just hope ylod doesn't get you.
Last edited by www on 2/25/2009 10:33:17 AM
wano
Wednesday, February 25, 2009 @ 11:25:53 AM
Iv been there with the whole lending stuff out and getting it back bust ;-) I was really bad with the ps2 games, Nout worse than puttin a disk in the machine 6 months after lending it someone and finding out it dont work. ;(..as its a bit late then to start acusing if u know what i mean.
infact thats the good thing about the br drive in the ps3, some of those games that were to scratched to work in my ps2 actually work in my ps3. dont know if anyone else has found this. Also applies to data dvd's that are to knackered for the pc to read, ps3 can read some of these also (but only files ps3 recognises of course)
often wondered what it be like in side a ps3 myself.........no, must resist (brings back memories of my good old sega master system in bits on the bedroom floor, never to be put back together again. a bored 10 year old with a screw driver is never a good thing ;-)
Last edited by wano on 2/25/2009 11:34:22 AM
www
Wednesday, February 25, 2009 @ 11:45:36 AM
kreate
Wednesday, February 25, 2009 @ 6:41:03 PM
ArnoldK PSXE [Administrator]
Wednesday, February 25, 2009 @ 12:27:37 AM
Reply
isaya85
Wednesday, February 25, 2009 @ 12:50:52 AM
Jordahn
Wednesday, February 25, 2009 @ 8:36:05 AM
kreate
Wednesday, February 25, 2009 @ 7:00:17 AM
PS3_Wizard
Wednesday, February 25, 2009 @ 9:35:33 AM
Nintendo can crash and burn for all I care. I just see them as leeches who steal overall sales from the TRUE gaming platforms.
Wednesday, February 25, 2009 @ 2:12:05 PM
kreate
Wednesday, February 25, 2009 @ 7:01:46 AM
Fane1024
Thursday, February 26, 2009 @ 3:59:37 PM
It has been selling well and steadily since its first price drop, despite its COMPARATIVELY lower sales over the holidays.
Would a price drop help? Of course.
Should Sony drop the price? Yes.
Is an immediate cut necessary for the PS3 to survive? Not even close.
phade2blaq
Wednesday, February 25, 2009 @ 7:10:18 AM
Reply
DiminishedAngel
Wednesday, February 25, 2009 @ 7:20:15 AM
Reply
Keeping that in mind, I don't foresee a PS3 price cut anytime soon. They are still remaining competitive with the 360 due to their software line-up alone (Killzone 2, Uncharted 2, MAG, Infamous, Heavy Rain, God of War 3, Gran Turismo 5 anyone?), so there is currently no need for a price drop. The only thing that would get them is bragging rights, and they should have other priorities as a company right now.
PS3_Wizard
Wednesday, February 25, 2009 @ 9:42:06 AM
Its harder to find jobs the world over these days. Like others have said, if they can avoid more layoffs then they should keep the price where it is at the moment. A price drop and cheap consumers can wait. The system's specs and media abilities are worth more than its selling at now.
All Sony needs to do is invest in easily understandable commercials.
rell
Wednesday, February 25, 2009 @ 8:16:19 AM
Reply
wano
Wednesday, February 25, 2009 @ 2:48:33 PM
Jordahn
Wednesday, February 25, 2009 @ 8:41:58 AM
Reply
Furthermore, with the recession, consumers will be looking for less expensive means as forms of entertainment. I'm not a SONY apologist here. Yes, they are loosing money on each PS3 sold, but how much is it currently? Also whatever it might be, could that be offset by software sales (games, content and services) which is what it's about in the first place?
DigitalStorm
Wednesday, February 25, 2009 @ 9:16:43 AM
Reply
Fane1024
Thursday, February 26, 2009 @ 4:03:54 PM
LimitedVertigo
Wednesday, February 25, 2009 @ 9:23:11 AM
Reply
godsman
Wednesday, February 25, 2009 @ 9:34:22 AM
Reply
whooka
Wednesday, February 25, 2009 @ 9:51:20 AM
Reply
Robochic
Wednesday, February 25, 2009 @ 10:20:42 AM
Reply
Ben Dutka PSXE [Administrator]
Wednesday, February 25, 2009 @ 10:25:29 AM
Reply
LimitedVertigo
Wednesday, February 25, 2009 @ 1:36:26 PM
Reply
wano
Wednesday, February 25, 2009 @ 1:57:39 PM
If your just talkin about console sales then you have to consider this....i think they loose money on the console at the minute, so if they loose (lets say 30 pounds for arguments sake) for every console, then for every 10 consoles sold, then they would loose 300 pounds. If they sold 20, then they would loose 600 pounds. .....
Its all the other stuff (software etc) they make the money on. I suppose they need to get as many units out there as possible so they can make money on the other stuff. But maybe they also need to keep an eye out on how much money they spend doing this, its got to be at the right rate.......oh hell, i dont know, im probably talkin a load of crap my self. but there must be a beneficial reason to sony for doing this, otherwise they would have lowered the price ages ago.
dont think we have Crusty running the economics department just yet. ;-)
Last edited by wano on 2/25/2009 2:01:51 PM
Fane1024
Thursday, February 26, 2009 @ 4:07:03 PM
wano
Thursday, February 26, 2009 @ 7:00:08 PM
Im not going to deny im crap at spelling, but i dont see what its got to do with the subject.
It seems you were concentrating so much on finding mistakes in my spelling, that you completely missed the fact that i messed up the numbers, as i have explained further down.
Life is a lot easier when your not angry at pointless things. Maybe you dont have much else to do though.
Last edited by wano on 2/26/2009 7:08:57 PM
LimitedVertigo
Wednesday, February 25, 2009 @ 2:02:31 PM
Reply
SerichA
Wednesday, February 25, 2009 @ 2:24:51 PM
Now selling 10 at $400=10*$50=$500 loss.
Selling 20 at $300=20*$150= $3000 loss.
There's a slight difference there, as you'd see, but really, maybe I would opt for selling at $400 if I were them.
And no matter how much the sales would increase, the software sells would have to multiply by insane amounts to cover up.
wano
Wednesday, February 25, 2009 @ 2:37:00 PM
Thats what I was trying to say before, but completely screwed the numbers up. just looked at what i wrote after seeing this, and thought..Num nuts, i didnt even take into account the price cut while explaining it. I ment to say 20 units at 60 pound loss per unit . lol. I need sleep.
Last edited by wano on 2/25/2009 2:40:08 PM
ps92117
Wednesday, February 25, 2009 @ 7:48:22 PM
Reply
pyrobomber70
Thursday, February 26, 2009 @ 11:30:02 PM
Reply

See Full Image









Qubex
Reply
Tuesday, February 24, 2009 @ 11:21:01 PM
Q!
"i am home"
Last edited by Qubex on 2/24/2009 11:21:39 PM