Analyst Urges Sony to Cut PS3 Prices

If you compare the two systems (PS3 vs X360) the PS3 is a much better deal (imo). The PS3 comes with a built-in wireless NIC and the BluRay player, both well worth more than the $100 price difference. The wireless NIC for the XBox360 is $100 itself, bringing the prices in-line. Granted not everyone needs those features but I'd rather have an all-in-one package rather than what MS is doing by offering numerous versions of the system, and not really knowing what I'm missing with the cheaper packages.

I guess I have to agree with this. With all the turmoil in the economy people will be watching their purse strings. There are no 3rd party exclusives and LBP and R2 won't be enough to change the tide. Price is going to be the biggest factor this holiday season and that favors the 360. Also, I am willing to bet that Sony can't cut the price of the PS3 yet. I think they are still taking a loss on the hardware despite what their CEO said some months ago.

What kind of sales/deals on stand alone BluRay players will we see this Black Friday?

Definitely agreed. Sony is trying to save face by not dropping the price, but they need to eat some humble pie and just charge a competitive price. I was going to buy a PS3 for BluRay capability and buy a few games for it as well - but only if they dropped the price. But if they are going to continue to screw around with hard drives and removing backwards compatibility, I will just buy a stand-alone BluRay player and stick with my 360 for games.

personally i think the price is right compared to the xbox 360. i don't have ANY of the next gen consoles though. asking $100 for a blu-ray player is CHEAP and worth it imo, but on that same sheet of music i think all of them are too expensive.

1. wii = 149.99
2. xbox 360 = 199.99 w/200gb hdd
3. ps3 = 299.99 w/200gb hdd

4. ds = 89.99
5. psp = 99.99
6. dsi = 99.99

face it. hdd's are cheap. so, this seems about right to me. if gpu manufacturers have to settle out in court for price gouging shouldn't console manufacturers ?

I have 2 friends who were PS3 backers for a very long time.

They both purchased a 360 after the price drop.. One of them still doesn't even have a PS3.

Good lord, do people just want something for nothing?! Do people think a PS3 is just a Blu-Ray drive? The price has been cut so many times and there's all sorts of different SKUs. It's not 700 dollars anymore people, shut up and get one...things cost money nowadays.

Sony being stubborn with their pricing is going to lead them down a similar road as Sega. True that Sony has a larger base, and can subsidize the losses from other areas, but they have yet to capture the demographic that they once held because of price.

You can't have the most expensive console on the market when the world is going through economic turmoil. People will want their systems to escape from the madness at work - but their going to see the higher price and look at other alternatives (different consoles, buy second-hand, wait for price to drop).

next time, can the analysts urge sony to bring back backwards compatibility?

how do you become a game analyst? I think anyone could've told you this

Rotten Deadite's Wallet Urges Sony to Cut PS3 Prices.

Some of you guys (this analyst included) don't really grasp the situation. Sales for the PS3 are pretty flat yes but if you read between the lines of Trettons latest comments about how they have sold more than they wanted to and expect to sell even more than that during the holidays, the reality is that they are already taking as much as an $82 hit on each console sold which they only recoup in software. The other reality here is that the current software ain't moving much except for the few trip A titles that have come out. It really is being bought exclusively for a BluRay player much the way the PS2 was at first being bought for a cheap DVD drive. It's hard to say when Sony can get their bill of goods down to a level where they can do an effective price drop but it likely wont be until a major hardware refresh which is probably at least 6 months out (think late spring). Their only real hope is that the upcoming titles in the channel are enough to get current owners out there to buy more (or any) games. LBP is the one major bridge they have with these people (hence why they wont delay the game any further even though the dev has already mentioned things he doesn't like in the current build). Resistance 2 is for current owners as others have said and is not expected to move PS3s.

The only thing that needs to be taken away here is that Sony doesn't want to sell more consoles. It wants to sell more software. The injection Sony needs is not from a price cut, but from getting these big games out and hoping for a warm reception.

PLaystation 3 = Sega Saturn

Xbox 360 = Playstation 1

I owned a Sega Saturn before to :(

i'd like to see

Bronze $299 80gb - ds3 controller + Little big planet

Silver $399 120gb - ds3 controller + ps3 headset + Little big planet + Uncharted

Gold $499 160gb - ds3 controller + ps3 headset + Little big planet + Uncharted + MGS4 + Siren: Blood curse Voucher + Wipeout HD voucher

If it was £150 i'd buy it; no questions asked.

At the moment its £300 vs £130 for a 360 (being the least possible you need to spend to play games on the system)

I refuse to buy one at the current price, it's WAY above the price of the 360 and as I already have a 360 so the only reason to get a PS3 is the (few) exclusives and the bluray player.

Removing backwards compatibility was like taking away a $100 feature that I wanted since my ps2 died. Now I gotta wait for them to bring it back and drop the price by at least $50.

Does anyone think that LBP and R2 are enough to cause a large number of people to take a $399 plunge?

If they did, I bet BR makers will drop their prices too.

I know an analyst who wants a PS3

Completely Agree, Sony needs to drop it at least $100 to remain competitive. The spice must flow.

Lol asking Sony to change? You mean Sony Betamax and Sony Minidiscs and DAT Sony? Good luck with that your better off pissing in the wind and not have it blowback on you.