180°

No PS3 price cut 'just yet'

With momentum from the Blu-ray win and a strong line-up of exclusive titles for the PlayStation 3, Sony is not expected to react to any Microsoft price cut anytime soon.

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Fishy Fingers5786d ago (Edited 5786d ago )

So how does this confirm no price cut? All I see is a few quotes taken from some analyst who like all analysts, guess's. He's not even affiliated with Sony as far as I can see.

This nether confirms, nor debunks anything.

TheExecutive5786d ago

I am still saying there will be a 299 ps3 by the end of the year.

mistertwoturbo5786d ago

$299 would be great. But even $349 would be good enough.

SixTwoTwo5786d ago

It would be retarded for Sony to cut their price right now. It will happen in October just before the start of the holiday season. Their plan is to launch Little Big Planet with a $299 PS3 on the shelves.

Zeevious5786d ago (Edited 5786d ago )

The only thing missed is the price was already reduced to $299 with a $100 gift card for a couple weeks...in my opinion that was test-marketing the price & sales.

I'm sure both Microsoft & Sony noticed the massive sales generated at that price. With the 45/65nm revisions in both consoles being released, the price cut will come sooner than later.

Sony has some room for reaction to Microsoft's cuts, expected to be announced at their press conference Monday. (Though take effect Sunday) Sony could easily slip in a cut and have it in effect before the end of E3 as well.

Either way, lower console prices are better for everyone.

+ Show (1) more replyLast reply 5786d ago
Silogon5786d ago (Edited 5786d ago )

It's sad that Sony still thinks their console is the best on the market. The best in terms of power and the best in terms of what it offers network wise.

Wake up Sony!

Psn is lacking
Ps3's exclusive games are lacking
Ps3's multiplatform development is lacking
Ps3's mandatory hdd installs are lacking
Ps3's network capabilities compared to xbl are lacking
Psn's trophy support is lacking

What the hell is wrong with you Sony? you have the most expensive system on the market and you don't deliver on anything but Blu-ray playback and support. Maybe you need to fire some people.

Eric Lempel and your new Sony world wide studios boss for starters. Those 2 need to go!

Fishy Fingers5786d ago

All those negatives yet Sonys machine still outsells the 360. Price cuts are a companies last ditch effort to shift some units, you don't drop your price until you really really have to.

Silogon5786d ago

Please, they might out sell them world wide but it is still a very small margin. More so for a console that has been out for 3 years nearly. I've never seen the ps3 out sell the xbox 360 by more than 50,000 units on any given time world wide.

You say that's a win? I say it's a paced race to the finish line for Microsoft.

Fishy Fingers5786d ago

Where did I say Win?? Dont put words in my mouth.

All I said was even with those negatives it still outsells its main competitor. I didnt say by how many and frankly I dont care, whether it be by 1 or 1 million, it still outsold the 360.

masterofpwnage5786d ago (Edited 5786d ago )

forreal ur a loser, u think, they think that there console is better then the rest, because they dont want a price drop. maybe because they are beating there rival, imean micro didnt do it last year. and sony is catching up, they were alot more behind last year

and 360 already did a price drop this year and they got outsold by the ps3.

Psn is lacking- are u fukin kidding me it has mostly everythingthe live has and its free.
Ps3's exclusive games are lacking- ur kidding rite, ps3 has a solid line-up this year and nxt
Ps3's multiplatform development is lacking- is improving by every multi, it came from 360 looks better to, they look the same or ps3 is better
Ps3's mandatory hdd installs are lacking-true that
Psn's trophy support is lacking- it just came out get a life bro

+ Show (1) more replyLast reply 5786d ago
highdro5786d ago

did u really think sony was going to do a price cut when it has been outselling the 360 all year.... -_-

edhe5786d ago

This man actually has a good point. They need to make back all that money mind.

f7897905786d ago

Sure you can wait for a price drop but your losing game time. Its hard to catch up and play all the games everyone else has finished.

Zeevious5786d ago

Listen to F789...I've got a backlog on both machines that I doubt I'll finish before the next games I want are released!

You missed your chance for a cheap PS3 since it was already at $299 at both Best Buy & WalMart a couple weeks ago. ($399 + an instant $100 gift card + Best Buy price matching)

I'm sure they will be clearing out the inventory at several retailers over the next 3 weeks.

It is a great time to game!

belal5786d ago

Silogon

if you say that the ps3's exclusive is lacking, then you FAIL

ps3 got more exclusives than flopbox this year :) and next year, and the year after that.

the psn lacking ? how is it lacking ? we got everything we need for free :)

oh trophy support lacking, give it some time , then you can start bashing it.

multi plat lacking ?

wtf ? cod4 better on ps3, dmc4 better on ps3, burout better on ps3, oblivion better on ps3 condemned better on ps3 quake vars better on ps3, dynas warrior better on ps3. anything else ?

oh one more thing ps3 has that xbots dosent, Blue ray :)
lag free online :)

exclusive mode on the ps3 (fifa 09)

poor bots, the crabox is allready maxed out.

Pain5786d ago

Since the PS3 is NOT some Cheap Crap Old inferior pice of PC/laptop technology thats worth less then its retail price.

Kids like sil just expect Company's to Buy and give them luv like how M$ dose for them.

FuD on crack baby.

SL1M DADDY5786d ago

They have been selling better than their direct competition? Even with the low "out the door" pricing, the 360 has not been selling as well as the PS3 worldwide. Granted, the 360 does cost more in terms of playing online and several other accessories but when you compare the two at the store, the 360's price on the box is less and yet it still sells slower worldwide. Why would Sony drop the price?

Pornlord5786d ago

I agree, and I know this is beating a dead horse. But MS is dropping prices by 50 US only makes it about 100 below the PS3. Here's the dead horse part; If we are given that the systems are exactly alike performance and gaming wise (which may or may not be the case) then the PS3 still comes with a Blu-Ray player. This addition alone would be an extra two or three hundred dollar add on to any system. So technically the PS3 is already priced very fairly, considering the true value to the consumer.

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230°

Why Xbox believes it must cut costs and close studios

Companies, particularly public companies like Microsoft, need to grow.

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eurogamer.net
gold_drake8h ago

i mean its pretty simple, they spent close to 30 billion in acquiring activision, they thought they'd make it bk no problem, and that didnt happen.

its just shit that because of MS's miscalculation alot of people lost their jobs.

Jingsing5h ago

This is exactly what many people said would happen including the CMA and FTC. Lies lies and more lies and they allowed a $69 billion buy out to happen.

gold_drake5h ago

oh yeh it was 70 billion. that was my bad haha even worse.

thesoftware7305h ago(Edited 5h ago)

gold,

You can't be serious, right?

Do you think that MS thought they would make 80bill in a year & Half? They haven't even released titles under MS yet, lol.

But in fact, that A/B revenue is already paying off, look at the last earnings call. That $80 billion is long-term money, my guy, no sane person/company would think they would make that back in any short-term situation, it's a long-term investment.

Let's play silly then. If MS's reason for laying off staff and closing studios was due(which it really was not) to the A/B deal, tell me what Sony's reason was for past studio closures, the recent 900-person layoffs, closing Sony London, shutting down Dreams, and closing Japan Studio? Zipper? Psygnosis? cuts at all their internal studios.

Keep in mind, you are claiming MS's reason is because of the A/B deal; please explain Sony's reason.

Hofstaderman5h ago

You actually still defending them? Sheesh.....

gold_drake5h ago

this is not a sony vs MS debate. dont make it something it isnt.

and of course not, but im pretty sure they thought they'd make more money after the deal. they didnt, and closed off some studios.

its pretty insane to think there is any other reason for the closure of studios in this case.

romulus234h ago(Edited 4h ago)

(It really was) due to the Activision Blizzard deal and the loss of physical sales due to gamepass. You keep bringing up Sony in all your posts about this, stop deflecting and trying to change the topic, this is about MS and what they are doing.

BehindTheRows4h ago

Has nothing to do with Sony. Stay on topic.

notachance4h ago

once in a while you see someone too invested in their make-believe console war that everything happened has to be connected to said war…

a bit of banter between fans is normal, this crusade you’re doing now isn’t.

Chevalier4h ago

Wow idiotic. You bring up very old closures not that there haven't been recent ones from Playstations, but, seriously stop deflecting. This has NOTHING to do with Playstation.

Does Playstation got $3 trillion behind them and daddies wallet? No they don't so stop making a fool of yourself.

Xbox has never been profitable really and they just keep losing money so between their worst hardware sales, terrible 3rd party sales and now terrible 1st party sales.

Gamepass numbers that are no longer being announced shows their numbers after 3 years of missed targets has flatlined. Plus their recent gains up to 34 million were ONLY because they folded Gold members in too. Absolutely take your idiotic rhetoric out of here. Keep on topic without deflecting.

S2Killinit3h ago

Ayayayay with these xbox/MS excuses.

+ Show (4) more repliesLast reply 3h ago
thesoftware7302h ago(Edited 2h ago)

Drake,

"this is not a sony vs MS debate. dont make it something it isnt."

You are correct that it's not an MS Vs Sony Topic, but when exaggeration and imagination mix from a one-sided social group, similar examples are needed to ground radical thoughts; in this instance, the example was that shutting down 3,4,5, even 6 studios during a restructure/ buyout/acquisition is not some anomaly(it can suck) that has to be dissected or spell doom and gloom.

"But I'm pretty sure they thought they'd make more money after the deal. They didn't, and they closed off some studios."

But they did make more money, a lot, actually; the last earnings call showed a huge growth in profit, almost all due to A/B revenue.

"its pretty insane to think there is any other reason for the closure of studios in this case."

The fact that they did make money, kinda throws this out the window, and besides, you don't wake up and say, hey let's close a studio, you look at the output, you look at the dev as a whole, the long term and short term, you weigh it against all other studios and goals, you keep key members, ect..then you close if they are the weakest links...which by MS analysis they were.

Again, I will make a small Sony comparison, just so some of you can understand and see past the bias; Insomniac, ND, and Bungie have made some of the best games ever created, yet Sony saw fit to cut jobs in every of these studios, even tho Insomniac & ND are the biggest producers of PS games, leagues ahead better than Tango and Arkane, yet, they saw cuts, mind you, while being the TOP produces of PS first party. They were told to cut costs, and more jobs may be on the line, and Bungie is being threatened by a hostile Sony takeover. Put that in perspective, as I know that layoffs and dev closures are different, but if the best of the best is getting cut off, it is less than surprising, that lesser studios are closing.

@Cheva,
My response fits well with your comments as well. You even went on to prove that the dev closures are not just due to A/B acquisition. Then you point out Sony has less money than MS, inferring that MS should keep devs open that they see as lesser earners, while Sony having less money makes it okay to close them. lol...it doesn't work that way.

gold_drake2h ago

im not reading all of that. u have ur opinion, i have mine.

thats rly it.

but this aint sony vs ms.

ApocalypseShadow2h ago

You're trying to compare a 100 billion company to a company that has 3 TRILLION worth. SIE has to live or die on their own. And in turn, PlayStation has helped the main company again and again. Sony has to balance out what is working and not working in the company.

While Xbox has Daddy Warbucks footing the bill to keep the platform afloat. They have been bleeding money from Nvidia hardware in the OG Xbox, the RROD fiasco, the attempted 2013 DRM nonsense and the lies about being the most powerful console in the world and the losses of paying out millions to prop up a service hoping it catches on with enough subscribers to justify its existence.

They're not comparable if Xbox isn't allowed to live or die by its actions. It's subsidized. Revenue isn't profit. And if they were profiting on their own, they wouldn't be closing developers. If they were profiting, they wouldn't need Daddy Warbucks spending 80 to 100 billion buying up 3rd party publishers to sustain a loss leading platform.

They stopped announcing game sales, stopped announcing hardware sales, stopped announcing game pass subscribers, they are putting games on their competitors platforms but you're telling us that they are doing great even after killing jobs and closing developers at Xbox.

Stop drinking the Kool aid. You're drunk.

anast5h ago

They are going to use AI for a large portion of the game development process. Upper management need bonuses and the shareholders need more money. So, people will lose their jobs.

Skuletor5h ago

Maybe they were already using AI to make business decisions, which would explain why they closed Hi-Fi Rush's studio, then said they need more games like Hi-Fi Rush not long after that announcement.

Crows904h ago(Edited 4h ago)

They shouldn't have bought any studios. Some is okay...but they went on a shopping spree...stupid

Einhander19724h ago

The better question is why did Microsoft buy publishers for a service they were subsidizing they knew couldn't support.

And why are so many websites trying to make people feel sorry for Microsoft instead of truly criticizing the fact they are closing studios and killing jobs that would have been fine if Microsoft themselves hadn't gotten involved.

Quit feeling sorry for Microsoft and start feeling sorry for the industry and the all the gamers who are actually losing out.

THIS IS MICROSOFTS FAULT.

RNTody4h ago

The first thing that happens after any major acquisition or merger is a consolidation of the whole new portfolio, which includes cutting any excess, bloat or portfolios that don't fit the larger MO of the big boy. So far, it's been par for the course with Microsoft and that's why gamers have been so against this acquisition. Tango Gameworks is the beginning. You think Microsoft wants to pay to keep small timers like Ninja Theory in business?

There is absolutely zero evidence to suggest that Microsoft will improve any of these studios, but plenty to suggest that they will get rid of what they don't need and hold onto the IP. The real agenda of the acquisition was always to acquire The Elder Scrolls, Diablo, Fallout, Call of Duty, Candy Crush etc. that will create millions in passive revenue stream for Microsoft regardless of where the games release. Microsoft simply wants their cut.

Because of Games Pass Microsoft has no interest in investing in new IP which is risky and requires creative talent they can neither nurture nor manage. Game Pass has also not grown in the way Microsoft expected it to, even post acquisitions. Therefore the logical thing to do, without serious money makers to release, is to cut as much cost as possible.

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110°

7 Deserving Games That Never Got Backward Compatibility

Backward compatibility works for many games on newer consoles, but titles such as The Simpsons: Hit and Run have been left out.

90°

20 Best Survival Games of All Time

From base building to swinging willies, here are the best survival games around, which include a couple of less than obvious picks.

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Vader821d 8h ago

No 7 days to die is criminal