Pachter Believes Bigger Price Cuts Needed for PS3, Xbox 360

hazeblaze - 558 days 1 hour ago

Actually, I think that the Wii has proven that the magic number has seen a little bit of inflation... it's gone from $199 to $249. The 360's arcade sku may see that price this year, but I don't think anyone really wants that one. I think 2009 will be the year that the hardcore systems (PS3 & 360) see more sales explosion and prices below $300.

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ThanatosDMC - 557 days 23 hours ago

I know! I mean, if something is cheap and affordable, of course people would buy... damn, it's like thanks for stating the obvious dipsh!t!

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Relin - 558 days 3 hours ago

I disagree - the PS3 needs a price drop as soon as Sony can afford it... perhaps sooner.

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juuken - 558 days 3 hours ago

Well, if it's true that MS is planning a price cut, then Sony has to make a move.

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hazeblaze - 558 days 1 hour ago

I think it's dumber for Microsoft to cut the price without any major games to correspond with the price drop. It will get a boost for 2-3 weeks and then fade right back to normal. Sony would be smarter to drop their price a week or two before the release of Little Big Planet or SOCOM. At least if Sony dropped theirs now, MGS4 is still fairly new. But MS's move seems a little more desperate.

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Fernando8777 - 558 days ago

price drops but only for a short period

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juuken - 558 days ago

Damn straight haze! Them 360's aren't selling fast enough!

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Relin - 558 days 3 hours ago

Good points.

I love my PS3 to death, but I don't see demand for it rising dramatically this generation when it's image continues to be in such flux. Whether that can be blamed on Sony, the media, or dumb luck is another discussion, but with frequent (and dramatic) firmware updates and a software library just now starting to hit its competitive stride, it's gonna take some aggressive marketing to pull it up.

Even at $249, people will still probably pick up a Wii because of its image.

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eagle21 - 558 days 2 hours ago

But I differ about the image point.

PS3 does not have a image problem. The Wii's success is based on their Wii-mote and marketing. On amazon.com PS3 and Wii both share 4.5/5 star review averages and stay in the top 25. 360 a 3/5. Word of mouth and brand is why PS3 is rising.

Think about all the trash that gets reported about "lack of Wii third party games" or "RROD". Most people are not really paying attention to it. :)

Those Walmart deals had the PS3 at a $299 value (with gift card) for the 40GB and they edged the Wii for a week worldwide. $249 will be fine for PS3. There is room for two. :)

Edit: I agree bro, there is nothing stopping the Wii (not even a newton controller). Nintendo is fine. I meant that the PSWii will happen more than expected this generation, that's my point.

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Relin - 558 days 2 hours ago

Yes, popular perception of the PS3 is rising, but the only place I see the Wii's reputation falling is with core gamers; we're a vocal lot, but definitely a minority, and the consistently high Wii sales show that. The PS3 does, however, have a statistically higher rated selection of games, even if it is a degree smaller than its competitors, and I think that will help them reap some benefits in the long run.

My point: $249 is step 1, reclaiming the Playstation brand is step 2, and step 3 is profit. I'd go so far as to say $300 might do just as well if Blu-ray continues its rate of growth, but my crystal ball is in the shop.

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eagle21 - 558 days 2 hours ago

I disagree about the price drops for Sony. Sony will have a $299 console way before that time.

LOL about your landlord... :D

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aftrdark21 - 558 days 2 hours ago

I believe that 299 will be a good price for the PS3 too.

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Zeevious - 557 days 23 hours ago

Do you think with Pachter's prediction record that's his DAY job?

"Pachter believes lower prices may mean people pay less compared to higher prices. (probably in 2010)"

I think with his record, you're living in his day job!

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Lumbo - 557 days 17 hours ago

following that logic both have already lost ... against the Wii

Whereas some people actually believe that the Wii reaps in the sales on a different marketshare than the other more traditional consoles.

The coming pricecut sessions for both 360 and PS3 are gonna be interesting. Though i couldn't care less about the PS3 one as i already have one. But a $199 360core could be a nice pickup imho

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Zeevious - 557 days 23 hours ago

I'll have to check with Madame Cleo...

.

You just gave me a great idea!
I need to program a Flash or Java (jscript/php/whatever) based "Pachtinator" that just spews out this nonsense at the click of a button.

There's a second job for ya, and like the real thing, it requires no thought or effort AT ALL!

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Steven Colbert - 558 days 2 hours ago

Bubbles!

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