Sony Cuts PlayStation 2 Price

Sony has announced today that its PlayStation 2 will cost a mere $99.99 in the US starting tommorow, down from the current price of $129.99.

Industry analyst EEDAR believes the price cut will help sustain PlayStation 2 software sales, which it estimates to be 21% of all home console software sales last quarter and predicted to drop to 16% this quarter--a figure EEDAR has now revised to 18%.

Sony also boast that the PlayStation 2's game library will reach over 1900 titles this year.

Many have been predicting Sony would reduce the PlayStation 3's price as part of the ongoing 'console wars,' where the PS3 lags behind Microsoft's Xbox 360. The cheapest PS3 model costs $399 while Microsoft's hard drive-less Xbox 360 Arcade is only $199.

From The Chatty
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    March 31, 2009 4:43 AM

    This was the big announcement? What a joke.

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      March 31, 2009 6:49 AM

      haha yeah, people were speculating PS3 price cut, PS2 bc in all PS3 models via software update, new sony exclusive etc...

      the PS2 price cut is a good idea, $130 was a little high, $99 is more reasonable.

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        March 31, 2009 6:52 AM

        I was kinda hoping they would've announced the cancellation of the abomination known as PS Home... I guess I only dreaming.

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          March 31, 2009 7:05 AM

          I imagine that will probably just die slowly and have a minor press release. No need to announce the previous day "big news tomorrow for PS" and then say "PS Home is gone!" heh.

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        March 31, 2009 6:58 AM

        At this point I'd pay the $99 for a PS3/PS2 backwards compatability software update.

        Sadly, even if this was technically possible, it is looking far more likely that Sony are just biding their time until they roll out downloadable PS2 games ove Playstation Network. Even worse is that I know full well that I would buy 4-5 games that I already own all over again.

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          March 31, 2009 7:06 AM

          Did they pretty much just ditch ps2 compatibility in the latest ps3s? I can't remember.

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            March 31, 2009 7:06 AM

            Yes. They went from having the Emotion chip, to software compat, to no compat.

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              March 31, 2009 8:41 AM

              Lamest crap ever. Shouldn't they have gone the other way?

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                March 31, 2009 9:59 AM

                My understanding is that removing the HW and then SW was a big cut in their internal costs of the PS3.

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                  March 31, 2009 10:33 AM

                  and a $100 cut into the PS3's value

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                  March 31, 2009 12:51 PM

                  The truth is it made the console too expensive so they thought removing it would save on the cost but at the same time force people to have to upgrade to a PS3 to play ps3 games... little did they know that the failure of their machines isn't the hardware itself but their failure to attend to the hearts of hardcore gamers of which this platform was targeted to.

                  I thought the announcement would be about a PS3 price cut or some other form of creating a centralized online service for multiplayer gaming.. i guess I was wrong and now this 'worthy news' is nothing more than a lackluster excuse for a press release.

                  • Ebu legacy 10 years
                    March 31, 2009 6:42 PM

                    Um, "failure to attend to the hearts of hardcore gamers of which this platform was targeted to"?

                    Really? I'm quite the gamer and I have no issues with the PS3's library. I would /love/ to have full software BC, but I still have my PS2 if I ever get the itch.

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                      April 1, 2009 1:03 AM

                      I'm not going to turn this into a console war thread... there's enough of those already.

                      I've been a PS3 owner for the longest time and waited for the support of Sony for better online capabilities. I drew the last straw with the release of PS Home. It did nothing to getting better match play and quick games.

                      Say what you want about XBOX bla bla bla but when I see 20,000k games being played at the same time my PS3 shows 7,000 for CoD5 (example) and almost instant games for Nazi Zombies (mod on CoD5) I had enough. Same goes for any other game from Street Fighter 4 to any cross platform titles that have come out recently or even a year ago like CoD4.

                      I WISH PS3 had this... i really do. But I've been recently trading in my PS3 titles over to 360's because of this 'problem' that Sony refuses to address.

                      "no issues with PS3's library"?? I don't even have to get into multiplayer aspects of hardcore gaming... where the hell are my RPG's?? 2-3 strong PS3 titles to 360's ass load of RPG's that have come out? WTF sony.. if anything I thought they would've given me at least that.

                      In essence this isn't a 360 vs PS3 issue.. it's a Sony doesn't give a fuck issue.

        • Ebu legacy 10 years
          March 31, 2009 6:40 PM

          I totally would.

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          April 1, 2009 6:32 AM

          Why do you think they are biding their time without a working software emulator? How do you expect downloadable PS2 games from PSN to work on all units without one? Or are you saying that you really think they are working on an emulator but not planning to release it, keeping it only for use with the downloadables?

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      March 31, 2009 7:03 AM

      Pretty much. Should have been a ps3 price cut, or some sort of new ps3 capability.

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      March 31, 2009 8:26 AM

      It was supposed to be a global annoucement. i don't see how a US PS2 pricecut is a global annoucement. Maybe there's something else comming? There better bloody had be!

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