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No Playstation3 price cut soon

Posted on Saturday, 20 December 2008 by Speed, source: MCV
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No price cuts anytime soon
In an interview, SCEE president David Reeves stated that we shouldn't expect a price drop for the PS3 soon:

When we came into the industry we started at zero. And we had to have a model that was price elasticity – and as soon as we got the manufacturing price down on PSOne we lowered the price. Same with PS2. But we’re not doing that on PS3 – that’s not the model, but people are expecting it.

We’re relying on the fact that the industry will keep growing and while we might have a smaller share of the market we will have an overall increase in sales. So the value added strategy is to continue for some years to come.
I guess someone should tell Mr. Reeves that there's a global financial crisis going on and that just about everyone is claiming economic growth isn't going to happen next year.

Meanwhile, the cheap Wii is selling tons and the price drops of the Xbox360 are doing great for increasing the sales of Microsoft's console.
In other news:

2 Comment(s)

Anonymous

Anonymous

it looks like the fragland staff got layouts too.... no new news! xD xD
it looks like the fragland staff got layouts too.... no new news! xD xD
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Posted on 21:20, December 21st 2008
Anonymous

Anonymous

Lets face it. Sony could drop the price to $200 dollars..and still not ever sell even close to what the Wii has. They now realize this and are never going to let the public witness the proof. By keeping expensive...They can always say that the Wii is the Cheaper system.
Lets face it. Sony could drop the price to $200 dollars..and still not ever sell even close to what the Wii has. They now realize this and are never going to let the public witness the proof. By keeping expensive...They can always say that the Wii is the Cheaper system.
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Posted on 10:17, January 19th 2009
 

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