Sony Dropping PS3 Price in October

[PCN News Staff]

News is coming out at an alarming rate recently in regards to a possible price drop for the PlayStation 3. Now it appears though that some facts may be beginning to come out.

More... (http://www.ps3center.net/?page=Story&id=363)

[Payne]

october well that makes sense with christmas two months off and with a price cut on the ps3 it will be a must have gift. SMART SONY!

[PS3FreeK]

I don't think they'll cut the price till Spring 08, but if they do in October it would be smart. I know alot of people that want a PS3 but are waiting for the price to drop before they get one.

[MattZani]

yeah, if they dropped it to around £375 in uk, they'd have a few more sales!

Matt

[El Davo]

They would haved to drop it to about £350 i think as some shops are already dropping it to £399 they really need to generate more interest in it with the delays and the high prices they are going to have to pull something fairly big off

[juicyjuice107]

well i dont care i would be mad if they dropped the price like 3 months after i got mine or something but as you say the lower the price the higher the sales.

[Birdy]

yay a price drop at a fairly good time of the year.

[Kasaioni]

October, so far away, but dropping by $100 = WOO HOO!

[MattZani]

i wonder if games will be cheaper aswell?

Matt

[Dr.buen0]

doubt it =D sony are quite poopoo

[clonehigh]

awesome I might get one then

[MattZani]

maybe if they dropped £5, then PSP games dropped to £30 aswell, they'd have a strong position in the market!

Matt

[jrotondo23]

thi woudl put sony in great spot for christmas, hope its true

[jrotondo23]

might make to many ppl wait to buy it then tho i dunno it will hep sony get back in the race tho and beat the wii-wii

[MattZani]

if the wii is still having supply problems then it would be great!

Matt

[BlitzyMighty]

Wouldnt it be great if they dropped it during the summer, like in may or june? Its not a good sign that games like motorstorm and def jam still arent ramping up ps3 sales much. To be honest Sony should have included the latest firmware features and the PS Home features when the console was launched. I think its a bit confusing for mainstream consumers when a console has to to roll out new features and firmware every few months.

[MattZani]

Def Jam Sucks, where i got my PS3 has only sold 4 copies, compared to around 30 copies of RFOM, MS, RR7 Etc.

Matt

[camila23]

if the price does drop before christmas then thats when I'll probably get one
[only because of the holiday & my parents would buy it]

[Shake42o]

That would be great for the holiday season.Sony would make a killing

[drbrady]

Yeah, they might sell more, but you gotta remember the profit margins. Each console sold is still a loss - they're only making money on the games sold. So they might cut console price in october (but I can't see that happening) but I really can't imagine cutting game prices yet. JMO, a price cut AFTER the holidays.

[MattZani]

Sony are actually making a profit now, so a price drop would make sense, they'd make more profit, because they sell more at a lower price!

Matt

[drbrady]

That's funny, I thought it was like a $300 loss per console sold

[Sauberbmw]

it still is, i neva heard of a profit being made. matt can u please provide a source for ur info please. i heard there looses dropped ever since they stopped producing the 20g

[MattZani]

its almost even from what i've read (OPM UK) may only be on UK console though. it was never $300, it was $150 max, otherwise they would be bust by now.

Matt

[drbrady]

well here's my source... http://www.engadget.com/2006/11/16/sony-losing-mad-loot-on-each-ps3/ there's lots of links liek this though

[camila23]

idk but either way if the price drops it drops & i think it makes more sense to do it for the holidays

[MattZani]

yep, its all about sales, so just before holidays is the best.

Matt

[drbrady]

see that's funny to me, because I would say "look, as long as the demand matches supply (and it almost definitely will, judging by the sell-outs all over during launch weeks), it'd be better to have the higher cost" - at least it'll be better for the consumer

[MattZani]

oh, because there will be more stock, exactly what happened in UK.

Matt

[drbrady]

I still think it'll be sold out by Christmas eve though.

[MattZani]

nope, because supply is good.

Matt

[drbrady]

I'll bet you on that one. There's no way I could walk into a store and find a ps3 on christmas eve.

[jasonbay]

its almost even from what i've read (OPM UK) may only be on UK console though. it was never $300, it was $150 max, otherwise they would be bust by now.

Matt

Actually is more around 300 , I read somewhere they'd begin making money on each sold in the fall ,that would be the perfect time drop it 100 again to drive sales with all the great game coming out at that time and to help christmas sales even more.

[MattZani]

and what i've read from an official magazine, sony aren't making as much loss as the 360 fanboys say!

Matt

[camila23]

lets hope not, sooner or later sony will be on top

[MattZani]

well, with the profit they make on all there other profits, the PS3 probably just cost them a christmas party.

Matt