Sony rules out PS3 price cut in time for Christmas

By on October 13, 2008, 2:14 PM
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.

User Comments: 2

Got something to say? Post a comment
yukka said:
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.
BMfan said:
[b]Originally posted by yukka:[/b][quote]Still not seeing the massive difference of quality between the two systems[/quote]Sony must not drop their price for the ps3 it is the better system,the xbox has reached it's peak in performance(that's what a developer said) and if the developers for sony carry on doing what they have done before the game's will just get better.
Load all comments...

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.