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Sony rules out PS3 price cut in time for Christmas
Despite Microsoft recent decision to cut Xbox 360 prices across the board and the subsequent bump in sales that came with it, Sony is sticking to its guns by refusing to reduce PlayStation 3 prices before Christmas. According to Sony Computer Entertainment president Kaz Hirai, their platform is a “very good value proposition” when you factor in the inclusion of an 80GB HDD and Blu-ray drive by default.
While he makes a valid point, Sony should be cautious of any possible consumer reaction to the current global financial downturn. Consumers may be hesitant to shell out $399 for a PlayStation 3 console, especially when Microsoft’s entry-level Xbox 360 sells for half that price and Nintendo’s popular Wii for $250. With game console sales going strong for the better part of the year now, the Holiday season will certainly be interesting to watch.
While he makes a valid point, Sony should be cautious of any possible consumer reaction to the current global financial downturn. Consumers may be hesitant to shell out $399 for a PlayStation 3 console, especially when Microsoft’s entry-level Xbox 360 sells for half that price and Nintendo’s popular Wii for $250. With game console sales going strong for the better part of the year now, the Holiday season will certainly be interesting to watch.
User Comments (2)
Post a comment| yukka on October 13, 2008 3:25 PM | You have to respect to Sony for sticking to their guns. Personally I think they need to drop the price as quick as they can but I am not as successful as they are. Honestly though, I see a HUGE amount of quality releases available on the Xbox 360 in Blockbusters Pre-owned section for a tiny price - devil may cry 4 and bioshock together for less than half the price of a new ps3/360 release - thats serious gaming at a tiny price. Still not seeing the massive difference of quality between the two systems and the current financial markets aren't making me think its a great time to ditch my DVD collection and go blueray. I think MS dropping the Xbox price was genius - more sales in Japan than the PS3 during last month is quite an achievement. Sony must have something massive up their sleeve that we just don't know about.
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| BMfan on October 14, 2008 3:26 PM | Originally posted by yukka: Still not seeing the massive difference of quality between the two systems
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