The Official PS3 Price Reduction/Date Prediction Thread

[themanfromvlad]

Pretty simple idea. Post the new price for a PS3 60GB (in USD$ for simplicity's sake) as well as the date the price drop will come into effect (not the date it's announced). We could lock this thread in a couple of weeks and then revisit it when it finally is announced, I suppose.

New Price: $449
Date: March 16, 2007.

[michaelltd]

I don't believe Sony is in a position to lower the price of the PS3 right now or for a while since they are losing quite a bit already.

I would say $499 sometime much much later, like maybe 2008.

If anyone will be lowering their price first, I would believe that to be the Xbox 360.

[themanfromvlad]

I don't believe Sony is in a position to lower the price of the PS3 right now or for a while since they are losing quite a bit already.

I would say $499 sometime much much later, like maybe 2008.

That's an interesting comment Michael, and a valid argument. However, and this is the reason I posted this thread, I don't think Sony is in a position to allow thousands of PS3 sitting on shelves.

Right now, in Montreal (a city of 3.5 million people) there is a glut of stock unsold, just eight weeks after launch. I work for the Canadian Best Buy chain, and our stock is not decreasing. Here at Best Buy, I've been told to push the XBOX 360, because people who buy it also have money left over to buy accessories & games, which make us much more money than consoles.

[MacRumorUser]

I don't believe Sony is in a position to lower the price of the PS3 right now or for a while since they are losing quite a bit already.

I would say $499 sometime much much later, like maybe 2008.

If anyone will be lowering their price first, I would believe that to be the Xbox 360.


Not entirely true. They did a price cut just before the Japanese launch (and only for Japan)

So it's possible if Sony have been watching the bad press and general opinion then they may launch in Europe at a better price point.

At the moment the 60gb PS3 is set to retail in Ireland for €640 - €650 (as opposed to the suggested european guide of €599)

That's a lot of money or $840 in Dollars.

Added to specualtion that Europe may not see the 20gb HDD version.
Retailers here in Ireland are not exactly happy or confident. And this from the country that has the highest per capita ownership of PS2 outside of Japan.

They need to release it here at a better price otherwise I cant see it shifting after launch frenzy has died.

[e²Studios]

That's an interesting comment Michael, and a valid argument. However, and this is the reason I posted this thread, I don't think Sony is in a position to allow thousands of PS3 sitting on shelves.

Right now, in Montreal (a city of 3.5 million people) there is a glut of stock unsold, just eight weeks after launch. I work for the Canadian Best Buy chain, and our stock is not decreasing. Here at Best Buy, I've been told to push the XBOX 360, because people who buy it also have money left over to buy accessories & games, which make us much more money than consoles.

Sony will not lower their price anytime soon. Considering that the PS3 outsold the PS2, PS, and X360 US Launch sales they are obviously doing something right. The software is thin right now, once the titles start coming out the hardware will move faster.

This is usually how it ends up,

Sony has production issues and can't make enough, they are lying
Sony sells out and they aren't on shelves, they are bad for not creating enough/creating false demand
Sony gets production right and retailers are receiving enough machines to fulfill stock, Sony is bad and no one wants it...

Any way you look at it the spin is always negative to Sony.

The fact is that the US and Japanese launch of the PS3 was very successful for Sony, the European launch will be HUGE. There is no way Sony is lowering the price anytime before Q4 2008.

Look at the numbers, the PS3 at least in the US (Their target huge market) outsold 3 major consoles (Their Launch sales), its in demand, its selling, and just because you see them in stores doesn't mean anything more than Sony is doing what it intended to do, get them in the hands of consumers.

Ed

[SamIchi]

My prediction - Holiday season 09'

They'll probably start adding bundled stuff like games instead of lowerin' the price. I believe Sony is hoping for an even longer life-span than the PS2 has. It's a top notch piece of machinery.

[Dagless]

Sony will not be lowering the price of the PS3 for a very long time. in USD for simplicity? That's not simple for me. GBP is simple for me. I see a nice drop to 400 maybe 6-12 months after launch. 30GBP isn't much but that's normally how much they drop by, or just start bundling extras with it.



ps. Ed H. I respect you. But your avatars to try and gain some ground on the fanboy front is pathetic. I miss that suave guy you used to have :(

[Foxglove9]

My prediction - Holiday season 08'

They'll probably start adding bundled stuff like games instead of lowerin' the price.

I was going to say the same exact thing.

[e²Studios]

Sony will not be lowering the price of the PS3 for a very long time. in USD for simplicity? That's not simple for me. GBP is simple for me. I see a nice drop to 400 maybe 6-12 months after launch. 30GBP isn't much but that's normally how much they drop by, or just start bundling extras with it.



ps. Ed H. I respect you. But your avatars to try and gain some ground on the fanboy front is pathetic. I miss that suave guy you used to have :(

Dino will be back :D (once i find the damn file)

I agree with your estimates on prices too.

Ed

[michaelltd]

Not entirely true. They did a price cut just before the Japanese launch (and only for Japan)

Oh yeah. Forgot about that.

[SamIchi]

I was going to say the same exact thing.

I meant 09' :D I edited it.

[themanfromvlad]

While this doesn't really count, EB Games is now giving $100 off a PS3 is you trade in a PS2. They sound desperate to sell them.

[e²Studios]

They sound desperate to sell them.

Read all of the thread before you post, the PS3 outsold the US launch of 3 major consoles. No one is "desperate" to get rid of anything. the PS3 is selling just fine. What you are seeing is Sony actually doing what any company should do, keep the inventory of your retail outlets stocked.

Ed

[bobber205]

The fact is that the US and Japanese launch of the PS3 was very successful for Sony, the European launch will be HUGE. There is no way Sony is lowering the price anytime before Q4 2008.

Look at the numbers, the PS3 at least in the US (Their target huge market) outsold 3 major consoles (Their Launch sales), its in demand, its selling, and just because you see them in stores doesn't mean anything more than Sony is doing what it intended to do, get them in the hands of consumers.

Ed

OMG. That is not true. The wii has sold like 3 million units (not exact). Sony I don't think has shipped that many. Not all shipped units have even sold, unlike the Wii.

What are you smoking? :eek:
I think Ed works for Sony.

[e²Studios]

OMG. That is not true. The wii has sold like 3 million units (not exact). Sony I don't think has shipped that many. Not all shipped units have even sold, unlike the Wii.

What are you smoking? :eek:
I think Ed works for Sony.

R E A D the past posts BEFORE you post and make yourself look like an uninformed person that can't take the time to read a thread before posting. The PS3 outsold the PS2, PS1, and X360 US launch numbers, never once did i say Wii.

Also the Wii sold nowhere near 3 million in the US Launch.

Ed

[themanfromvlad]

Read all of the thread before you post, the PS3 outsold the US launch of 3 major consoles. No one is "desperate" to get rid of anything. the PS3 is selling just fine. What you are seeing is Sony actually doing what any company should do, keep the inventory of your retail outlets stocked.

Ed

Ed, with all due respect, I don't think you are seeing the big picture. Have you been the Electronics section on Craigslist lately? It's filled with PS3s that scalpers bought and now can't sell. Since you're big on sales figures, you probably also know how low the PS3 attach rate is. A majority of PS3 sales at launch were for scalping purposes only.

I work for Best Buy, I know we are certainly desperate to sell them. Ten percent of the PS3 sold at my store in December have been returned. EB games was offering $50 for a used PS2 last month. Now, they're offering a $100 credit for it if you'll take a PS3. Maybe desperate is too strong a word (maybe), but there is no arguing that the PS3 is not selling well now, regardless of how "well" the launch went.

[sikkinixx]

499.99, March 2008

Hopefully people will stop beating a dead horse soon and wait a while before they declare the PS3 dead....

[bobber205]

499.99, March 2008

and hopefully people will stop beating a dead horse soon and wait a while before they declare the PS3 dead....

Sad, but that's probably true. Heck, Sony won't allow me to justify getting a PS2 because they won't make it 99.99. :rolleyes:


Lol. Tight aren't they?

[e²Studios]

but there is no arguing that the PS3 is not selling well now, regardless of how "well" the launch went.

I disagree, thats your opinion not a fact. The problem is more perception than it is anything else. Look at my past post, replace the word Sony with whoever the market leader is for whatever product you are talking about.

BTW, its still technically in the "launch" phase until mid January.

Sony is doing a good job of keeping retailers stocked, shame on them :rolleyes:

[Dagless]

Sad, but that's probably true. Heck, Sony won't allow me to justify getting a PS2 because they won't make it 99.99. :rolleyes:


Lol. Tight aren't they?

I almost bought a PS2 a bit ago. I've said before, but I missed out on RPGs and some fighters. Might get one still. But they *still* want £99.99 ($193) for it! what ****ing planet are they on? The Cube is £30, the Xbox... christ knows. Still. I suppose they're last out of the gate here making the PS2 Sony's newest home console here.

£49.99 and I'd buy one. Slim or not. Colour regardless (not Pink)

[sikkinixx]

Sad, but that's probably true. Heck, Sony won't allow me to justify getting a PS2 because they won't make it 99.99. :rolleyes:


Lol. Tight aren't they?

No offence, but you are the tight one. It's 30$. Its one game. Just buy it and have fun. $30 isn't going to break the bank if you can already afford a Wii and all that jazz.


On a side note, I notice that everyone who has the "wii number" in their sigs are the one's whi think the PS3 is gonna die within a year.....

[bobber205]

No offence, but you are the tight one. It's 30$. Its one game. Just buy it and have fun. $30 isn't going to break the bank if you can already afford a Wii and all that jazz.


On a side note, I notice that everyone who has the "wii number" in their sigs are the one's whi think the PS3 is gonna die within a year.....

I know. I'm cheap. ;) But I'm a college student and I saved and saved during the school year so I could buy a Wii... :D

I don't think the playstation will die. Not possible. I think it won't have complete dominance like it did last generation. It'll be even between 360 and ps3 with the Wii filling in all the gaps.

[adamyoshida]

The 360 will see a referesh or a price cut first.

[SamIchi]

The 360 will see a referesh or a price cut first.

I'd like to see that this year. I'm presuming they will this holiday session to combat PSWii. Nintendo and Sony will have a decent library hopefully by the end of the year.

[pgc6000]

I'm not in the least bit a Playstation enthusiast, but in all fairness, I think it's near impossible for us to see a dead PS3. I don't think it's going to be the gaming overlord it was last-run (let's be honest, Wii and Xbox 360 are a hell of a lot cooler than their older siblings) but it will do well. I think the reason we're all saying the PS3 is "dead" is because it's not sweeping the gaming market. It has quite a name to live up to, and we're just presuming it's dead because it's actually meeting competition this time. Sony has done well with the their gaming console line. Hell, only in the last year or so have they stopped manufacturing the original PS! 11 years after launch date I do believe.

P.S.
I'm not a Sony/PS fanboy. I don't even own one.

[gkarris]

From what I hear, Sony's cost to produce:

20Gig Model: $800
60Gig Model: $860

Why are people ALREADY talking price cuts?

From what I hear, Sony's games from here on out will be $69.99 to make up for all the losses...

[e²Studios]

From what I hear, Sony's games from here on out will be $69.99 to make up for all the losses...

What losses, its been pointed out that its launch numbers were pretty damn solid. Games are $59.99, i doubt it will vary much from that price point.

Is this from some phantom source, or are you just talking out your arse and trying to incite yet another flame war? :rolleyes: Take your FUD elsewhere.

Ed

[MacRumorUser]

The losses on the initial hardware are always to be expected. Hell have you seen the specs of the PS3.

Games wont suddenly change price. They will match the 360's $59.99 price point from here on in I'm assuming.

Please everyone could you take a step back, and relax - we dont want another thread turning in a flame war.
If you have issues with a poster please let me know and I'll try and mediate between you, but it's getting the games forum nowhere.

Thank you.

[gkarris]

What losses, its been pointed out that its launch numbers were pretty damn solid. Games are $59.99, i doubt it will vary much from that price point.

Is this from some phantom source, or are you just talking out your arse and trying to incite yet another flame war? :rolleyes: Take your FUD elsewhere.

Ed


It's all over the internet - here's ONE of the sites:

http://www.reghardware.co.uk/2006/11/16/isuppli_prices_up_ps3/

Maybe keep your insulting posts to yourself until you've actually did some research???

$800 > $599 = loss...

[greatdevourer]

What losses, its been pointed out that its launch numbers were pretty damn solid. Games are $59.99, i doubt it will vary much from that price point.

Is this from some phantom source, or are you just talking out your arse and trying to incite yet another flame war? :rolleyes: Take your FUD elsewhere.

Ed Dammit, you didn't even read the first half of his post. Last time I checked, $500-800 = -300. Minus numbers means that money was lost. If anything, good launch sales are going to increase the loss rather than reduce it. If they've apparently sold 1m units, that's 300m lost

[gkarris]

Yea, when the 20Gig model goes down to $399 (the original price of a 360 Pro), people are going to start buying.

Around here, you can't even get the 20Gig model because the word is out among early adopters of home theater that it's the best Bluray player out there for a reasonable price...

[e²Studios]

It's all over the internet - here's ONE of the sites:

http://www.reghardware.co.uk/2006/11/16/isuppli_prices_up_ps3/

Maybe keep your insulting posts to yourself until you've actually did some research???

$800 > $599 = loss...

Maybe you should look at what i quoted. I'm talking about your unfounded game prices. I know Sony takes a hit on the consoles, that was not what i was getting at. Maybe i needed to make it more clear...

Furthermore this whole thread should either be deleted or taken back to the first post/weeded out. There is a lot of unnecessary banter in it, from everyone.. me included.

Ed

[ReanimationLP]

I get the feeling to help sales in the future, they'll toss in the HDMI cable, as well as either a free first-party game or Blu-Ray movie. I'll be the first to admit that the Playstation 3 is impressive, just out of my price range. :(

I hope they start to sell more though, its kinda bad only having one friend that has a PS3.

[bobber205]

I get the feeling to help sales in the future, they'll toss in the HDMI cable, as well as either a free first-party game or Blu-Ray movie. I'll be the first to admit that the Playstation 3 is impressive, just out of my price range. :(

I hope they start to sell more though, its kinda bad only having one friend that has a PS3.

So far at my TECH campus, I haven't heard of ONE person having a PS3 in the dorms. :eek:

[iW00t]

If Sony takes a loss per console, perhaps we should all run out and buy a unit now! It will drive them bankrupt if we don't buy any games no? :rolleyes:

[Markleshark]

If Sony takes a loss per console, perhaps we should all run out and buy a unit now! It will drive them bankrupt if we don't buy any games no? :rolleyes:

lol, a master plan.

Anyway, as for 'Dates' it would seem as if Europe has been pushed back again, May this time. According to our in Store publication we're not getting them (GAME) until May anyway. Something to do with the US launch titles being dire... Figures...

Welcome to the death of the Playstation... In Europe at least...

[MacRumorUser]

lol, a master plan.

Anyway, as for 'Dates' it would seem as if Europe has been pushed back again, May this time. According to our in Store publication we're not getting them (GAME) until May anyway. Something to do with the US launch titles being dire... Figures...

Welcome to the death of the Playstation... In Europe at least...

May ? Really :(

[Markleshark]

May ? Really :(

Thats what it said. US launch titles were slated so badly (According to this publication, not my view, I've not played any) they are going to wait for a Europe release when there are actually some good games.

Can't say it bothers me, 360 all the way, but you know.

What I am surprised about tho, is when were taking Notes of Interest at work, is the amount of people totally unfazed by the £425+ price tag. Too many people with too much money these days...

[Dagless]

May. Hilarity ensues.

[SpankyPenzaanz]

While I have no love lost for what sony has done of late, I will give them the benefit of the doubt here if they do push the european launch back. Maybe they want to be sure they have more consoles avaailable and more steady stream in the pipeline. Also it definetly wouldn't hurt if they had some games to draw people in and justify the exhorbent costs associated especially in europe

[MacRumorUser]

While I have no love lost for what sony has done of late, I will give them the benefit of the doubt here if they do push the european launch back. Maybe they want to be sure they have more consoles avaailable and more steady stream in the pipeline.

But if that's the case, so much for the claim of 6 million consoles shipped by March 2007 :o

[zero2dash]

Ps3 won't see a price drop for at least a year if not longer.
Unless Microsoft aggresively pushes a revised 360 (not likely and already debunked) or a $100+ price drop themselves (that also turns into a huge # of new sales), Sony will sit where they're at with the price.

They can't afford to drop the price with the losses they're already incurring, and people who really want a Ps3 will buy the console at current prices. I think we'd see a pack-in before we see a price drop; that's what they tried to pull with the PSP and so far it hasn't made a lick of difference.

[Haoshiro]

Ps3 won't see a price drop for at least a year if not longer.
Unless Microsoft aggresively pushes a revised 360 (not likely and already debunked) or a $100+ price drop themselves (that also turns into a huge # of new sales), Sony will sit where they're at with the price.

They can't afford to drop the price with the losses they're already incurring, and people who really want a Ps3 will buy the console at current prices. I think we'd see a pack-in before we see a price drop; that's what they tried to pull with the PSP and so far it hasn't made a lick of difference.

Agreed. As a Blu-ray player it's still "cheap" so until Blu-ray players start dropping in price, it's unlikely PS3 will either.

Plus, regardless of reality, there are plenty of consumers that will think the high price of the PS3 is somehow evidence it's superior to the competition. Sony likes to have that upper-class image, and nothing says "luxury" like a high price! :P

[themanfromvlad]

Anyone want to retract their comments? I think a PS3 price drop is coming sooner than most think.

[Haoshiro]

Sony's already losing more money then they planned, that suggests no price reduction to me...