Official ANY CONSOLE Price Cut and New 80gb sku Discussion Thread

Everyone keeps saying that it needs a $200 price drop, not a $100. I agree however it might be impossible. This is a case (I think) where their attempt to win the highdef format war is banging it's head with their attempt to win the console war (PS3).

I've read a lot of articles and it seems Sony is making deals with multiple manufactures to produce Blu-Ray players (stand alone, not PS3). This is one reason why Blu-Ray is ata higher pricepoint than HD right now, in effect Sony is letting these manufactures get into the business without having to deal with a super reduced Blu-Ray player from Sony where Toshiba just released this super reduced rebated HD player to $299....no manufacture has a shot to compete with that pricepoint so more than likely they'll go to Blu-Ray.

Now just recently the cost for the Blu-Raytechnology has reduced in price so they released a new $500 Blu-Ray player. This is the cheapest standalone player for Blu-Ray. Now imagine if Sony suddenly reduces the price of their PS3 to $450 or $400? That is undercutting their partners making Blu-Ray players because the PS3 price would FORCE them to reduce the price of the standalone player, thus losing money.

No one is willing to lose money on standalone players, unless they are the ones who stand to gain royalties (which is Toshiba for HD and Sony for Blu-Ray). Sony seems to think it's better to let other manufactures compete so they win more support (which is just one reason why anyalsts say they are going to win the format war). What does this mean for the PS3....it means the price drop is dependent on how fast the price drops for standalone players. Right now we are hearing a $100 price drop....do you think it's any coincidence the lowest cost Blu-Ray player out there is now $500? I don't think so.....if you are looking for a giant price drop for PS3 I honesty don't think it's going to happen this year. Sony is willing to risk their gaming market to win their format it seems, to me that is crazy but we'll see how it all works out.

[QUOTE="Ragashahs"]after the hit it's taken this quarter from the 3 red lights repeair reimbursedment i don't think they'll lower the price until they can recover from the 1 billion dollar hit they tookangel_warrior3k

They've taken quite a hit on returned 360s to this day, given, but that ///estimated/// $1 billion should be taken with a grain of salt. They are going to be changing the manufacturing process of the 360 to 65nm either this year or next and the moment that happens, there will be few to no red rings on new 360s. (just google xbox 360 + 65nm)

So chances are they're actually only going to lose $100~200 million, not $1 billion.

More importantly, if the PS3 only drops this $100 (I'm beginning to suspect / hope it'll be 100 until the 5 blue-rays thing ends, then 150/200) - then the ball is in MS's court. If they take even $50 off across the board, then they've got Sony on the ropes this generation (until those huge, hopefully exclusive *** games come out).

Finally, to put this in perspective, a $100 price drop still leaves the PS3 $30 above the Elite. Further more, if MS drops that, they'll be up to $100 above the elite. Looking at the games, no average consumer will go for the PS3 rather than the 360 at that stage.

So yes, lets just hope - for Sony's sake - that they play this a tad smarter. (if only to keep things under wraps better so the competition doesn't get a preemptive opportunity)

I reported this 3 days ago!

I knew nothing from speedy, I credit him comletely for what he did.

But my friend who owns a game store sent me a message on the 2nd that his supplier told him there would be a 100 dollar drop.

The problem is: will people buy the PS3 even if it's 500 dollars?

sinarilias

yeah. i mean, i would! its basically an Xbox 360 Elite! it has HDMI 1.3 60GB HDD and free online service!

[QUOTE="sinarilias"]

The problem is: will people buy the PS3 even if it's 500 dollars?

Rikusaki

yeah. i mean, i would! its basically an Xbox 360 Elite! it has HDMI 1.3 60GB HDD and free online service!

360 elites arent selling

here is what cnn is telling us.

http://money.cnn.com/2007/07/06/news/international/bc.sony.reut/index.htm?postversion=2007070607

here is what cnn is telling us.

http://money.cnn.com/2007/07/06/news/international/bc.sony.reut/index.htm?postversion=2007070607

xbox360isgr8t

all i can say is wow

[QUOTE="angel_warrior3k"]

[QUOTE="Ragashahs"]after the hit it's taken this quarter from the 3 red lights repeair reimbursedment i don't think they'll lower the price until they can recover from the 1 billion dollar hit they tookRagashahs

They've taken quite a hit on returned 360s to this day, given, but that ///estimated/// $1 billion should be taken with a grain of salt. They are going to be changing the manufacturing process of the 360 to 65nm either this year or next and the moment that happens, there will be few to no red rings on new 360s. (just google xbox 360 + 65nm)

So chances are they're actually only going to lose $100~200 million, not $1 billion.

More importantly, if the PS3 only drops this $100 (I'm beginning to suspect / hope it'll be 100 until the 5 blue-rays thing ends, then 150/200) - then the ball is in MS's court. If they take even $50 off across the board, then they've got Sony on the ropes this generation (until those huge, hopefully exclusive *** games come out).

Finally, to put this in perspective, a $100 price drop still leaves the PS3 $30 above the Elite. Further more, if MS drops that, they'll be up to $100 above the elite. Looking at the games, no average consumer will go for the PS3 rather than the 360 at that stage.

So yes, lets just hope - for Sony's sake - that they play this a tad smarter. (if only to keep things under wraps better so the competition doesn't get a preemptive opportunity)

here is what cnn is telling us.

http://money.cnn.com/2007/07/06/news/international/bc.sony.reut/index.htm?postversion=2007070607

xbox360isgr8t

This is very interesting, thanks for posting.

But note the wording: "At present we have no plans" to cut the PS3's price. For an announcement of that scale, they're obviously not going to announce it early if they intend to drop the price. So technically, it is true--they have "no plans" as of today to cut the PS3's price.

I don't mean to imply that they absolutely will cut the price at E3. But PR people will never let slip big announcements prematurely.

I don't see how this can happen.

They will loose millions on a $100 price drop let alone a $200 one.

If they do, do this. If I was MS I would do a $150 price drop and match the Wii's price. It would mean around a $50-75 loss per unit but it would hurt Sony more

kcpp2b

M$ would not be able to afford a price drop, seeing as how they just lost like 1.5 billion USD with the three year extended warrenty on the 360s.

[QUOTE="kcpp2b"]

I don't see how this can happen.

They will loose millions on a $100 price drop let alone a $200 one.

If they do, do this. If I was MS I would do a $150 price drop and match the Wii's price. It would mean around a $50-75 loss per unit but it would hurt Sony more

deadhead127

M$ would not be able to afford a price drop, seeing as how they just lost like 1.5 billion USD with the three year extended warrenty on the 360s.

lol@ this they don't lose the 1.5 billion till next year. Alos they net as a company over 15X's that 1.5 billion loss.

[QUOTE="kcpp2b"]

I don't see how this can happen.

They will loose millions on a $100 price drop let alone a $200 one.

If they do, do this. If I was MS I would do a $150 price drop and match the Wii's price. It would mean around a $50-75 loss per unit but it would hurt Sony more

deadhead127

M$ would not be able to afford a price drop, seeing as how they just lost like 1.5 billion USD with the three year extended warrenty on the 360s.

360 consoles are in the profit and have been for a while. If they do a price drop then they will break even so yeah they can afford one

[QUOTE="kcpp2b"]

I don't see how this can happen.

They will loose millions on a $100 price drop let alone a $200 one.

If they do, do this. If I was MS I would do a $150 price drop and match the Wii's price. It would mean around a $50-75 loss per unit but it would hurt Sony more

deadhead127

M$ would not be able to afford a price drop, seeing as how they just lost like 1.5 billion USD with the three year extended warrenty on the 360s.

hahaha :D the 360 alone makes a huge profit for MS, somewhere in the billions.

Sony is the one losing money on the ps3 and a price drop will only makeit worse unless a LOT of people start buying it.

hahaha :D the 360 alone makes a huge profit for MS, somewhere in the billions.

TheDarkDisciple

No, no it doesn't. It will in the future, but it does not at the present time. Microsoft Games was in the red for the entire generation of the Xbox. It just crossed over the black line in recent months, but this new warrantee may well put it back under, or eliminate the early profit streak they've built up.

A $100 price drop isnt enough for me to seal the deal, but it is enough to knock out any chance of me consideringthe Xbox 360. It just seems very flawed in comparison, though I appreciate M$ is stepping up and admitting their hardware mistakes.

PS3 or Wii, which one am I going to buy this year...

[QUOTE="books83"]Sony has gone on the record they have no plans for a price cut.subrosian

Very strange given that Sony has already stated they are adjusting the price of the PS3 before the end of the year...

link or it didn't happen

[QUOTE="TheDarkDisciple"]

hahaha :D the 360 alone makes a huge profit for MS, somewhere in the billions.

fuzzysquash

No, no it doesn't. It will in the future, but it does not at the present time. Microsoft Games was in the red for the entire generation of the Xbox. It just crossed over the black line in recent months, but this new warrantee may well put it back under, or eliminate the early profit streak they've built up.

[QUOTE="deadhead127"][QUOTE="kcpp2b"]

I don't see how this can happen.

They will loose millions on a $100 price drop let alone a $200 one.

If they do, do this. If I was MS I would do a $150 price drop and match the Wii's price. It would mean around a $50-75 loss per unit but it would hurt Sony more

PoppaLemming

M$ would not be able to afford a price drop, seeing as how they just lost like 1.5 billion USD with the three year extended warrenty on the 360s.

lol@ this they don't lose the 1.5 billion till next year. Alos they net as a company over 15X's that 1.5 billion loss.

That billion dollars is on the 2007 fiscal year which ended in May. MS knew they were going to do loose this much with the warranty and repairs so to make 2008 numbers look good they put the loss on 2007 fiscal year.

[QUOTE="deadhead127"][QUOTE="kcpp2b"]

I don't see how this can happen.

They will loose millions on a $100 price drop let alone a $200 one.

If they do, do this. If I was MS I would do a $150 price drop and match the Wii's price. It would mean around a $50-75 loss per unit but it would hurt Sony more

kcpp2b

M$ would not be able to afford a price drop, seeing as how they just lost like 1.5 billion USD with the three year extended warrenty on the 360s.

360 consoles are in the profit and have been for a while. If they do a price drop then they will break even so yeah they can afford one

No one knows if they are truely making a profit onthe 360or not. And if they are making a profit one know how much either. The same goes for Sony. It is all based on assumption from isupply's reports. I find it odd for MS to suddenly go from a $125 loss to a $75 profit in less than a year. If that is the case then Sony should be only loosing $50 to $75 on each PS3 come this November.

There is no price drop planned

http://www.eurogamer.net/article.php?article_id=79072

straight from Sony's mouth.

http://ps3.ign.com/articles/801/801981p1.html

July 6, 2007 - Ever since the PS3 launched last November, sites around the Internet have continually proclaimed an inevitable price drop for the system. The rumors reached a fever pitch earlier this week, when both Circuit City and Gamestop advertised price drops for PS3s that vacillated between $100 and $200 dollars from the standard retail price of $599. While the Gamestop newsletter announcement was debunked by the company shortly after it was released, the Circuit City ad energized boards with its proclamation of a hundred dollar price drop in two weeks. Could this be another mistake, or could it be the harbinger of a more affordable system? We contacted SCEA representatives, who denied the possibility of a price drop, adding that they do not comment on rumors or speculation.


"We haven't made any announcements on pricing changes regarding PS3," stated a SCEA spokesman. Looks like you'll have to save up your pennies for quite a bit longer, kids. It's not coming down in price anytime soon.

I reported this 3 days ago!

I knew nothing from speedy, I credit him comletely for what he did.

But my friend who owns a game store sent me a message on the 2nd that his supplier told him there would be a 100 dollar drop.

guitarplayr0

i remember that could you give me a link to that thread.

http://ps3.ign.com/articles/801/801981p1.html

July 6, 2007 - Ever since the PS3 launched last November, sites around the Internet have continually proclaimed an inevitable price drop for the system. The rumors reached a fever pitch earlier this week, when both Circuit City and Gamestop advertised price drops for PS3s that vacillated between $100 and $200 dollars from the standard retail price of $599. While the Gamestop newsletter announcement was debunked by the company shortly after it was released, the Circuit City ad energized boards with its proclamation of a hundred dollar price drop in two weeks. Could this be another mistake, or could it be the harbinger of a more affordable system? We contacted SCEA representatives, who denied the possibility of a price drop, adding that they do not comment on rumors or speculation.


"We haven't made any announcements on pricing changes regarding PS3," stated a SCEA spokesman. Looks like you'll have to save up your pennies for quite a bit longer, kids. It's not coming down in price anytime soon.

SmashBrosLegend

yea, I figured.

Might be a holiday sale. I wouldn't presume it to be permanent without an official acknowledgement from SCEA.Dreams-Visions

threre's no holidays next weekend. well we will know soon enough when its true.

[QUOTE="Dreams-Visions"]Might be a holiday sale. I wouldn't presume it to be permanent without an official acknowledgement from SCEA.-Renegade

threre's no holidays next weekend. well we will know soon enough when its true.

I hear you. I guess we'll all see soon enough.

I can't believe this thread only has 80 something replies... you would think this is a huge topic of discussion right now. Are people so disenchanted that a rumored $100.00 price drop can't even get a good discussion/argument going?remaGloohcSdlO

oh its been discussed. there have been about 50 or so threads made yesterday including this one.

http://www.gamespot.com/pages/forums/show_msgs.php?topic_id=25751371

good for cows - well cows that were waiting for flagship titles like MGS4, and FF13

bad for sony - it's not going to push ps3 sales much over the long run, and it's just going to pressure MS into lowering the price of the 360 which would be the final nail in the ps3s coffin.

I'm hoping this will push the price of the 360 to around 300 so I can stop borrowing my friends cause I don't want to pay $400 fora 360.

How is this for confirmation I just bought one at target an hour ago and looks like they already dropped the price

[QUOTE="fuzzysquash"][QUOTE="TheDarkDisciple"]

hahaha :D the 360 alone makes a huge profit for MS, somewhere in the billions.

Unforgiven2870

No, no it doesn't. It will in the future, but it does not at the present time. Microsoft Games was in the red for the entire generation of the Xbox. It just crossed over the black line in recent months, but this new warrantee may well put it back under, or eliminate the early profit streak they've built up.

You mean what if Microsoft dropped the $399 SKU by $150?

I think a price drop (must be at least $100 off) plus Uncharted, Heavenly Sword, GTAIV, and Haze makes the PS3 look pretty damn good for Christmas.

Price cut will be announced at E3, that's my guess.

http://kotaku.com/gaming/early-release/some-target-stores-put-ps3-price-drop-into-effect-275916.php

Looks like it's a sure thing.

Plus both CC and Target have in the works weekly ads stating the new price.

http://kotaku.com/gaming/early-release/some-target-stores-put-ps3-price-drop-into-effect-275916.php

Looks like it's a sure thing.

Plus both CC and Target have in the works weekly ads stating the new price.

mentzer

this is so funny because sony said just this morning that it wasn't true. looks like it is rumor no more.

[QUOTE="mentzer"]

http://kotaku.com/gaming/early-release/some-target-stores-put-ps3-price-drop-into-effect-275916.php

Looks like it's a sure thing.

Plus both CC and Target have in the works weekly ads stating the new price.

-Renegade

this is so funny because sony said just this morning that it wasn't true. looks like it is rumor no more.

So how do you explain the ads from CC and Target showing the new price?

[QUOTE="mentzer"]

http://kotaku.com/gaming/early-release/some-target-stores-put-ps3-price-drop-into-effect-275916.php

Looks like it's a sure thing.

Plus both CC and Target have in the works weekly ads stating the new price.

-Renegade

this is so funny because sony said just this morning that it wasn't true. looks like it is rumor no more.

No they said that they had "no plans yet" whichof course means "Please don't stop givingus moneyfor the last week the PS3 is $600"

[QUOTE="-Renegade"][QUOTE="mentzer"]

http://kotaku.com/gaming/early-release/some-target-stores-put-ps3-price-drop-into-effect-275916.php

Looks like it's a sure thing.

Plus both CC and Target have in the works weekly ads stating the new price.

mentzer

this is so funny because sony said just this morning that it wasn't true. looks like it is rumor no more.

So how do you explain the ads from CC and Target showing the new price?

:roll: i am saying it is funny that sony lied about the price drop this morning and retailers are already selling the console at the new price.

[QUOTE="mentzer"][QUOTE="-Renegade"][QUOTE="mentzer"]

http://kotaku.com/gaming/early-release/some-target-stores-put-ps3-price-drop-into-effect-275916.php

Looks like it's a sure thing.

Plus both CC and Target have in the works weekly ads stating the new price.

-Renegade

this is so funny because sony said just this morning that it wasn't true. looks like it is rumor no more.

So how do you explain the ads from CC and Target showing the new price?

:roll: i am saying it is funny that sony lied about the price drop this morning and retailers are already selling the console at the new price.

Sorry, you're "it is rumor no more" statement wasn't clear as to whether you thought the Sony rep was telling the truth or bluffing.