20°

High cost of consoles a "strategic error" for manufacturers

Hardware manufacturers have kept the price of home consoles too high for too long, contributing to a slowdown in game sales this year.

That's according to analyst Michael Pachter, who said that a fourth consecutive month of declining sales in the in the US is in-part due to consumer fatigue at the current price points.

Read Full Story >>
gamesindustry.biz
SuperStrokey11235404d ago (Edited 5404d ago )

I only kind of agree with this.

First of all consoles are expensive, i wont debate that but given what you get out of them now days the VALUE of the them seems to be rather high.

Also i think many people are using the current economic "crisis" as a tool to vent and blame this on a systems failures or prehaps their lack of success might be the better term to use.

I think the error in pricing isnt in using expensive tech but rather that they use expensive tech that doesnt drop in price fast enough or regularly(the cell for example), or tech that isnt reliable enough (rrod) and because of these two issues the systems stay more expensive than they "need" to be in the publics eyes.

I know that pachter says that the markets are becoming saturated at these current prices and that this may be their issue but im wondering if its more of a perception thing than an actual one.

Rainstorm815404d ago

Xbox360 is at best 200
PS3 IS 400
Wii is 250

If anybody needs to drop the price its the wii/gamecube yet no one complains about it.

The PS2 is 100, How low should current gen consoles go???

We all know Pacther is really referring to the PS3 he made a joke on bonus round about how it will be 350 in fall 2010.

EvilTwin5404d ago (Edited 5404d ago )

Raiin -- As long as Wii is selling at a brisk enough pace, there really isn't any incentive for Nintendo to drop its price.

Sony is in the toughest spot. They have the priciest console, and despite some drops, it's still too expensive. If you can live without Blu-ray, you can buy a 360 (with comparable, but not better, graphics) for half the price, and play the big guns like GTAIV, Modern Warfare and Halo 3.

monkey nuts5404d ago

Basicly if I remember correctly: the more hardware units sony/ms/ninty produce and sell the lower the costs become for producing them, due to the economics of scale. Whether they decide to pass the reduced costs on to the consumer is another matter, its all about profits vs demand if they are in that position. If there is a healthy demand then they can sit and count profits all day, if not theres nothing like a price reduction to stimulate sales. I may be wrong but I'm sure it won't be long before someone corrects/mocks me. :P

EvilTwin5404d ago (Edited 5404d ago )

Gee, consoles that have been out a few years, cost a few hundred dollars, are in a AAA-game summer dry spell (lets hear it for...Call of Jaurez and inFAMOUS?), and are competing in the middle of a recession have their sales slowing down?

Imagine that.

ian725404d ago

IMO all consoles are priced well really. For what you get they are a decent price. I have a PS3 and the things it can do is amazing. Had it over 2 years now and it cost £425. Now you can get one for less than £300 which I think is a great deal. They cost a lot to make and Sony, Microsoft and Nintendo have to make a profit.

Gamer_Politics5404d ago

we all know what console and handheld need a price cut

Show all comments (8)
80°

Zelda Replay: Majora's Mask

VGChartz's Evan Norris: "Is Ocarina of Time as legendary as I remembered it? For the most part, yes. In spite of a handful of missteps — a few obtuse puzzles, some tedious backtracking, and a clunky stealth sequence — I don't believe the last 23 years have been unkind to it. Ocarina remains a brilliant example of the medium, a landmark game that shaped the future of its own franchise and 3D gaming in general. After more than two decades it retains its inventive dungeon design, challenging puzzles, dynamic combat, wistful storyline, unforgettable music, and empowering open-air freedom. I feel confident calling it one of the greatest games of the fifth generation, even if I'm no longer prepared to list it among the five best games ever made."

Read Full Story >>
vgchartz.com
Crows901d 21h ago

Pure unadulterated fun. They don't make them like this anymore...especially not the triple A industry.

FinalFantasyFanatic1d 4h ago

Back when video rental was a thing, I rented out Majoria's Mask, I never finished it though. I did buy the 3DS version before the eshop shutdown, so maybe one day I'll finally play through the whole thing, it's amazing how well these games hold up though. I briefly played Ocarina of Time for a while and it was really fun.

90°

7 Iconic Games That Put The PS1 On The Map

The first PlayStation is home to an array of iconic video games that went on to define the sheer significance of this console.

SimpleSlave2d ago

I think from a historical perspective I would change Spyro for Grand Turismo. It's the franchise that made the PS1 look like an absolute unit. Other than that, I can't argue with the rest when it comes to games that defined the PS1.

And to be honest, there should be space for Tekken 3, Wipepout and Tony Hawk's Pro Skater in order to round out the PS1 identity as the machine to own at the time.

With Tomb Raider 2, Silent Hill, Symphony of the Night, Tenchu, and Soul Reaver as backup contenders.

120°

Ar Tonelico Qoga: Knell Of Ar Ciel Retro Review – Love Conquers All

Gary Green said: You’ll be forgiven if you haven’t heard of the Ar Tonelico trilogy. The previous two games arrived so late in the PS2’s life-cycle that they simply went unnoticed. While most were tinkering with their shiny new PS3s, Ar Tonelico: Melody of Elemia and Ar Tonelico II: Melody of Metafalica were being ‘returned to sender’ by your local Game stores. Luckily, you won’t need to have played them to understand and appreciate this third and final chapter, Qoga (pronounced k-yoga) tells the story of a racial war between humans and Reyvateils, a breed of biologically produced female cyborgs capable of reproduction, while still having a digital mind.

Read Full Story >>
pslegends.com
Giga_Gaia3d ago

Oh my god. I kinda wish this would get a remaster on PS5, it would be awesome. One of my favorite games on PS3.

That and 3D Dot Game Heroes. It's a shame that some stuff is stuck on PS3.

Knightofelemia3d ago

Ar Tonelico 3 is good I still prefer the first AT game. The music is solid in all the games and Akiko Shikata is a very talented singer bringing life to the game. Only annoying part is well I find is Saki I always choose Finnel or Tyria. KOEI so needs to HD remaster the franchise along with Ar Nosurge and Ciel Nosurge since it never came to North America. I would day one the Ar Toneliceo games and Ar Nosurge if they were remastered.

TheColbertinator3d ago

I still have the limited edition of Qoga unopened. Unfortunately it never went up in value like I had hoped all these years.

Father__Merrin3d ago

Used to own all these quirky JRPG on ps3 good times. Wish I would have kept them all