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PS3 Price Drop, 249 Euros, $249, 25K Yen

To small to make a difference I feel like. I'd be surprised if the next full month of NPD has the PS3 selling more than the normal 50% of 360 numbers.
 
apana said:
I..uh...wat? Anyways I feel that going below $300 is an important psychological barrier and this will work out well for them.

No, the psychological barrier is still there. 299.99 and 249.99. Both of those price points starts with a 2 in the hundreds place. 199.99 is when perspective changes.
 
Strider2K99 said:
So $250 for a PS3 and a Vita next year...

Wonder which one looks more enticing on the shelf. ;)


I wonder how much that had to do with the price cut. If they lowered it more, it would be below the Vita pricing.

I'm not sure why poeple are bumbed at a price drop. Even 50 bucks should be welcome.
 
250 is a little easier to swallow, but I was hoping for 200. :(
Oh well. I'm still picking up a PS3 at some point this Fall.
 
ThisWreckage said:
No, the psychological barrier is still there. 299.99 and 249.99. Both of those price points starts with a 2 in the hundreds place. 199.99 is when perspective changes.

Pretty much how I feel. That $199.99 just makes it look so tempting to the masses. Getting that 1 as the 1st number even if it's really $200 is just BIG.
 
If Sony was willing to cut the PS3 to 200 Euros/Dollars, they likely wouldn't have had to drop the price again for several years. It would be an affordable, mass market price, and a good bit more appealing than this price drop. Still, I have great hopes for Sony's consistency. They've gone from doing almost everything wrong to doing ALMOST everything right (with stumbles like this still evident).
 
AranhaHunter said:
Didn't you say U$199 PS3 and U$99 360?

Said $199 was possible before projections hit in March/April. Once that came I said $50. Never said $99 or anywhere close to that for 360. At best $150.
 
I honestly don't think we'll see more than a 10% sales bump in north america from this drop - unless Microsoft refuses to drop the price on their hard drive model.
 
ThisWreckage said:
No, the psychological barrier is still there. 299.99 and 249.99. Both of those price points starts with a 2 in the hundreds place. 199.99 is when perspective changes.


Thats ok then as its RRP is £199 in the UK.
When they have been at this price on specials they have sold well, its been hard to find 160GB in stores. Now with this price cut being imediate i wonder if tesco change their PS3 price? They have 20% of all consoles at the moment so shouldnt this apply to the new RRP? If so PS3 for around £160 is a bargain.
 
While others in the space are losing steam, PlayStation 3 is gaining momentum and giving gamers everywhere more of what they want: an unparalleled line-up of exclusive games and access to the best in sports, movies and TV, all at a great value.

This was written by their NPD pr guy?
 
Wario64 said:
http://blog.us.playstation.com/2011/08/16/live-from-gamescom-playstation-3-now-249/#utm_source=twitter&utm_medium=social&utm_campaign=ps3_pricedrop_081611

Today, I believe that value becomes even more evident. I’m excited to share with you that effective immediately at retailers throughout North America, the 160 GB PS3 and the 320GB PS3 are now available for $249 and $299, respectively. In addition, a limited edition inFAMOUS 2 bundle is now available at participating retailers across North America. The bundle retails for $299 and includes a 320 GB PlayStation 3, a copy of inFAMOUS 2 and a 30-day membership to PlayStation Plus.

Oh how the tables turn on NeoGAF.

Great bundle and price.
 
zomgbbqftw said:
Rubbish price cut. No way they are going to make that 15m projection now.

It was nice knowing you Sony.

You act like this price cut was some make or break thing for the PS3 or even Sony as a corporation. In reality, their market share for this generation is already set, and there's no reason for them to go back to losing significant money on hardware again by cutting the price by 33%.
 
Picobrain said:
Jesus guys, they are lowering the price and you are complaining?
I think this is great price for PS3.
Are you new here? It's normal to complain about anything good here.
 
CozMick said:
Oh how the tables turn on NeoGAF.

Great bundle and price.

Tables turned? If you look at the previous price drop prediction thread, people were pretty much split on a $50 and $100 drop. Sony announcing their forecast numbers being the same as last years really killed off the reality of the $100 drop. While it would have been nice to drop $100, a lot of people correctly guessed just a $50 drop.

Smision said:
obviously, they didn't want to price it below Vita, but they needed some price drop, and here we are.

Again... the PSP cost more than the PS2 did when the PSP was launched. Not a big deal.
 
OldJadedGamer said:
Right, it will be $250 till *at least* next Xmas.

I think $199 next Xmas with a cut at E3 for better exposure. The problem with two $50 cuts is that it doesn't give either of them a big impact, it would have been better for Sony to ride out this holiday season with a $299 Move/game bundle as the base pack and then dropping to $199 at E3 next year.
 
Megadragon15 said:
Has Sony ever slashed the price multiple times a year on a Playstation system product? I think the answer is no.

They have done value-added bundles though.
 
zomgbbqftw said:
I think $199 next Xmas with a cut at E3 for better exposure. The problem with two $50 cuts is that it doesn't give either of them a big impact, it would have been better for Sony to ride out this holiday season with a $299 Move/game bundle as the base pack and then dropping to $199 at E3 next year.

199$ will happen at next year's gamescom, when a new PS3 redesign is ready.
Things are already set for this fiscal year, it will be 249$ entry price and 320GB bundles at 299$.
 
OldJadedGamer said:
Again... the PSP cost more than the PS2 did when the PSP was launched. Not a big deal.


how is that analogous at all? Is there some rule that all console launches are identical?

That was then, this is now. Sony could do whatever they wanted when the PSP launched. They have to be a lot more mindful these days...the handheld market is even riskier than when the PSP launched, imo-- Nintendo dominance was one thing, but iOS dominance is even harder to go up against.
 
I don't understand the disappointment other then neogaf godly high expectation. I was under the impression that Microsoft best selling unit is still the $299 pro & $300 kinect model, but now you can get the a PS3 for 50 less then Microsoft most selling unit.

Sure we would have all loved a $100 price drop but we know that would have made them continue seeing units at a lose. I think $250 is fine for now and maybe another $50 price drop next year.

For people with dying PS3 you can still trade your in and probably get $100 off on your newer slimmer version.
 
Elios83 said:
199$ will happen at next year's gamescom, when a new PS3 redesign is ready.
Things are already set for this fiscal year, it will be 249$ entry price and 320GB bundles at 299$.

The problem is that this year's price cut has taken the wind out of next year's price cut. All of Sony's momentum has gone now. Riding out this holiday season with a single SKU at $299 with lots of added value, maybe Move, LBP2 and Uncharted 1/2 double pack and then a proper price cut at E3 with some kind of redesign would have given then huge momentum going into 2012 holiday season. Right now that haven't got much going into this year and they will have the same next year.

Definitely a bad move by Sony. If I was working as their consultant I would recommend limiting supply of the $249 unit and phasing it out before E3 so the base price goes back up to $299 before cutting to $199 in Tokyo next September.
 
I wonder how much money they're making on each system.
More interesting is how much they're making before and after the price cut
 
M.D said:
I wonder how much money they're making on each system.
More interesting is how much they're making before and after the price cut
I'd imagine they're probably making about the same.
 
JudgeN said:
I don't understand the disappointment other then neogaf godly high expectation. I was under the impression that Microsoft best selling unit is still the $299 pro & $300 kinect model, but now you can get the a PS3 for 50 less then Microsoft most selling unit.

Regardless, you can still walk into a store and get a 360 for $199. The PS3 remains the most expensive console. While I understand why they did $50, they really should have been at $199. That would have pushed some major units.
 
OldJadedGamer said:
Regardless, you can still walk into a store and get a 360 for $199. The PS3 remains the most expensive console. While I understand why they did $50, they really should have been at $199. That would have pushed some major units.
though the value of the ps3 at 250 is incredible compared to the 360 at 199
 
-Pyromaniac- said:
though the value of the ps3 at 250 is incredible compared to the 360 at 199

You are falling into the same trap as Sony. It doesn't matter what the PS3 offers vs 360, it's the sticker price that makes or loses sales vs competition.
 
OldJadedGamer said:
Regardless, you can still walk into a store and get a 360 for $199. The PS3 remains the most expensive console. While I understand why they did $50, they really should have been at $199. That would have pushed some major units.
I don't think being cheaper matters like that,GameCube was the cheapest and look how that turned out.
 
SCE probably didn't want to slash $100 off the PS3 and start taking a loss on hardware again. They make some profit on it and getting out of 3rd place doesn't mean shit. Nintendo owned everybody this generation anyway.
 
-Pyromaniac- said:
though the value of the ps3 at 250 is incredible compared to the 360 at 199

General public has no idea about any of that. They only know that $249 is $50 more than $199.
 
I'm starting to think microsoft won't even drop the price. The system is selling well with its current price and they still have an SKU at a lower price than what sony is offering.
 
Jin34 said:
It's like I got transported to 2006-7.


wait for killzone 2, gonna be the best game ever, and I hear the official thread is gonna have a 30 page first post, but the OP will hide the release date somewhere in the middle so you're forced to read all of it.
 
M.D said:
I wonder how much money they're making on each system.
More interesting is how much they're making before and after the price cut

It's been two years since the PS3's last price cut. If Sony couldn't cut $50-$60 off of the PS3's production price during that time, they did something wrong.
 
zomgbbqftw said:
You are falling into the same trap as Sony. It doesn't matter what the PS3 offers vs 360, it's the sticker price that makes or loses sales vs competition.

Their usual error is that they think the Japanese market is indicative of the worldwide market. they also may believe a $50 difference is supported by expanding bluray market and console exclusives.
 
Jin34 said:
It's like I got transported to 2006-7.
why, are you actually clueless enough to deny that? If you said something like the others said that consumers are too stupid to realize value proposition then I'd accept that.

But there is no time travelling here, it is factually more value.
 
-Pyromaniac- said:
why, are you actually clueless enough to deny that? If you said something like the others said that consumers are too stupid to realize value proposition then I'd accept that.

But there is no time travelling here, it is factually more value.

And the PS3 at $599 had great "value" too. Sales have shown that consumers never see value, they see price.
 
OldJadedGamer said:
And the PS3 at $599 had great "value" too. Sales have shown that consumers never see value, they see price.
yeah but there's a threshold that exists at 599 that doesn't exist as much at 249.99, throw in the opportunity for in store promos to drop it even lower and it gets pretty ridiculous.

And like I said, I accept the fact that consumers are too stupid in general to realize value, I was merely stating that it definitely does have more though.
 
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