190°

Sony: PS3 Price Cut Not A Reaction To Slow Sales

Andrew House, head of Sony Computer Entertainment Europe, denied that the cut-price PS3 was a reaction to slow sales.

"We are aware that consumers are watching their euros and pounds more carefully than before and it may make a price reduction have potentially even more impact. But it would not be fair to say this is a reaction to current market conditions," he said.

The price cut and new design received a broadly warm response from gamers on Kotaku, a blog. "Looking at what you now get in a PS3, it's the best value out of all the systems," said one blogger, thanks to its WiFi and Blu-ray player.

FlipMode5399d ago (Edited 5399d ago )

Media spins it
They know they keep up sales worldwide with M$ but they needed to make a profit on ps3's hence the Slim.

whoelse5399d ago

Oh right so they cut the price because... they wanted to be generous?

Cold 20005399d ago

Well...duh !!! Thats what differentiates Sony from MS.

MS are out there for the money and Sony are here because...well they're kind.

Rockstar5399d ago (Edited 5399d ago )

So...you have to have slow sales to want more sales?

Why is MS cutting the cost of the Elite? are sales slow? More sales?

Exactly.

They want to accelerate sales, increase install base.

Why does anyone cut price?

FlipMode5399d ago (Edited 5399d ago )

No your wrong FlipMode! Sony did it because they are the Psturd they are losers and they weren't selling anything so they desperately cut the price!

Better?

StanLee5399d ago

Redesigned PS2 Slim released 4 years, 8 months after original PS2 SKUs; PS3 slim to be released 2 years, 10 months after original PS3 SKUs. Sony had to do something to bolster slumping sales. They know it, we know it, everyone knows it.

Above Awesome5399d ago

LMFAO, dude if you believe that Sony is doing this to be kind, then the world is going to eat you alive buddy.

Business is business, Sony is doing the right thing to level the grounds of competition, they got Microsoft to change prices which means they are doing something right.

Sony did the best possible thing, which is release a slimmer version of the PS3. Lowered costs, increased consumer interest, cut the price. They almost have the last few years behind them, now they just need some proper advertisement.

Pretty good work by Sony.

gamesR4fun5399d ago (Edited 5399d ago )

seems 2 me like they were keeping up to ms pretty good given they one year lead recession n the wii epidemic...

but this cut will def help and in this market it makes sense to cut prices sooner than later.
Man its a great time to b a gamer cant wait for the wii hd in the next couple years n im pretty sure ms will b launching the 720 soon if they decide to keep in the console race (heres hoping they do jus get the hardware rite this time k)

Cold 20005399d ago (Edited 5399d ago )

Lol dont worry guys it was just a joke ^^.

Just wanted u to realise what a load of bullshit it was.

Its obvious why they are cutting the price.

SnuggleBandit5399d ago

if it was just a reaction, then they would have cut the price a long time ago...

Aclay5399d ago (Edited 5399d ago )

"Redesigned PS2 Slim released 4 years, 8 months after original PS2 SKUs; PS3 slim to be released 2 years, 10 months after original PS3 SKUs. Sony had to do something to bolster slumping sales. They know it, we know it, everyone knows it."

Seriously, does it REALLY matter how soon Sony introduced the PS3 Slim? I really don't think so because the last time the PS3 got a price cut was November 2007.

Also, most people don't seem to have the intellect to realize that Sony couldn't afford to do a permanent PS3 price cut on the current fat PS3 models, because even after Sony took out Backwards Compatibility, 2 USB ports, and Flash Card Readers, those PS3's still cost them a little over $400 dollars per console to produce.... Sony is probably loosing $100 dollars per console on the fat PS3's that are being clearanced out.

So basically, Sony HAD to come out with the Slim this early in order to comfortably sell the PS3 for $299 and to cut console manufacturing costs even more, it has NOTHING to do with Sony coming out with a redesigned PS3 just for the sake of sales, because manufacturing costs on the Fat PS3 weren't falling down fast enough, so a Slim was the ONLY option.

whoelse5399d ago

The new PS3 isn't actually called a PS3 Slim. And if you look at it, it really isn't that slim when you compare it to the 'PS2 Slimline'.

One day we will see a REALLY slim PS3 and they will probably officially call it the 'PS3 Slimline'.

Sarcasm5399d ago

I don't get it. Everybody and their grandmas complained about the PS3's price. Now that they lowered the price, it's considered a bad thing?

The consumers won here folks. If the rumors of the 360 price drop is true, then the consumers got a one two punch. Cheaper consoles FOR ALL! (That isn't a Wii at least.)

rockleex5399d ago (Edited 5399d ago )

Even at that price, Sony is still losing a lot of money on each Fat PS3 sold.

Lets say that PS3 sales were beating 360 sales even before the PS3 Slim. The more fat PS3s Sony sells, the more money Sony loses. Why the hell would Sony want to stick with the fat PS3s?

Sony still would have tried to release the Slim as quick as they can, to minimize losses and possibly even gain profit from each PS3 sold.

Its funny how fanboys can only see the "console wars" and the numbers sold each month. Sony has to think deeper than that. They have to focus on profit.

rockleex5399d ago (Edited 5399d ago )

Double post.

gaffyh5399d ago

Not really a reaction to slow sales, but a reaction to MS's price. When MS had the 360 at $299, with PS3 at $399, PS3 was outselling it every week worldwide. MS had to cut the price to compete, and have only just been outselling the PS3 at half the price.

Now with the PS3 at a more reasonable price, people are more likely to go for PS3 again rather than 360. Obviously sales did slow, but not because of lack of interest, more because of the price of the 360.

ultimolu5399d ago

...Are they implying that Sony was desperate?

Lightsaber5399d ago

Like they ever admit it if it was true. Its all PR no matter what company it is. Doesnt matter if its the gaming business , cars or whatever they all tell you how great business.

not saying that there sales are slow cause I dont know and dont care

ThanatosDMC5399d ago

Ummm... Sony sold more than MS compared to their starting time line. Now they're gonna sell even more.

I cant wait for MS to start touting their horns again about their install base.

+ Show (15) more repliesLast reply 5399d ago
PLAYSTATIONGENRATION5399d ago

They have had slow sales since the 199 360 came out...and they did not drop the price so it could be true

PISSIO5399d ago

PS2 TOP CONSOLE LAST GENERATION

PS3... oh waith :/

lol

FlipMode5399d ago

Bu bu bu 360 owners never troll ps3 articlez! sony fanboys are the worstest!

PirateThom5399d ago

XBox 360 - Top console start of this gen.. oh... :-/

inbfour5399d ago

always count on Pirate Thom to make a great response.

Cold 20005399d ago

yes they are the worst.

Everyone knows that.

Mario5399d ago

PS3 actually is the top console this gen. Just not in terms of sales

Mario5399d ago

Well now that ps3 is in a good price range, lets allow the public to see which they think is the better console to buy. I think thats fair. And even though the 360 arcade is cheaper then the wii, i bet over the holiday period ps3 will outsell 360 worldwide

And if its not all about sales. I could give you many reasons why ps3 is better then 360 in both hardware and software. Looking at gran turismo 5 will be the start of your answer

Cold 20005399d ago (Edited 5399d ago )

I wasnt talking about sales, I was saying that I prefer 360 games.
Gears, ME, Lost Odyssey, Fable, Crackdown Alan Wake etc appeal more to me than LBP, Resistance, KZ2, Demons souls etc.

So its just a matter of opinion which console's the best.

Sarcasm5399d ago

Xbox Longest supported console of last gener...

Oh wait...

Xbox 360, most reliable console of this gener...

Oh wait...

It's easy to troll a troll. Easy.

Above Awesome5399d ago

Sarcasm dude, chill out brobocop, MS said the 360 will end one day after the PS3 does so don't worry, we're in for a long haul.

Let's see what Sony and Microsoft churn out in the meantime.

Last Guardian is going to be sweet.

rockleex5399d ago

The PS3 is selling at a faster rate than the 360.

That means if they both stay on the market for 10 years each, then PS3 sales will beat 360 sales. Just check VG Chartz.

http://vgchartz.com/hwlaunc...

What would be even more humiliating is if the total PS3 sales surpassed the total 360 sales even before the end of this generation. Two consoles that launched one year after the 360 end up surpassing it! ^_^

raztad5399d ago (Edited 5399d ago )

PS3 better console is not an opinion is a FACT.

Blu-Ray, Wifi, Standard HDD, RELIABILITY makes the PS3 the better hardware, no way to go around it.

Better games is up to gamer's opinion and in many cases just plain fanboyism.

How can we measure whether a console is really popular. Try to sell it at higher price than competition. PS3 at $400 was selling, indeed was selling very close to the cheaper xbox. I dont see anyone getting a $400 xbox. That's why MS is forced to cut Elite's price.

ultimolu5399d ago

...And PS3 fans troll 360 articles...

Uh-huh.

+ Show (11) more repliesLast reply 5399d ago
yoghurt5399d ago

PS3 fastest selling console apart from the wii and ps2.

n4f5399d ago

i give you 100 buck for what ur smocking

Sarcasm5399d ago

You can get the same stuff from a majority of 360 fans. It's called "Sony go away"

Captain Tuttle5399d ago

Then they should have released the PS3 Slim at $399. It would sell just as much if not more than the fat was selling and they would be profitable.

Sarcasm5399d ago

True, but then we'll hear for the next year or two about how they need a price cut.

I cant imagine since Sony is making the PS3 so affordable, the kind of backlash they'll get if they made it the same price.

Show all comments (78)
50°

NACON presented a very ambitious Gaming line-up during the Big Ben Week 2024 event

"The 7th edition of Bigben Week has been taking place in the heart of Paris since the beginning of the week.

Journalists and international partners have been invited to explore the exclusive new entries in NACON's future catalogue of games and accessories. The design and development teams and studios are also there to discuss their latest innovative projects with visitors." - NACON.

180°

Metal Gear Solid 5, Nearly After A Decade, Is Still A Timeless Classic

The Metal Gear series, led by Kojima, pioneered the stealth genre, creating a masterclass in storytelling and gameplay.

SimpleSlave6h ago(Edited 6h ago)

No. But MGS5: Ground Zeroes might actually be one of the greatest Game Demo ever, if not the best.

xHeavYx5h ago

I know a lot of people didn't, but I actually liked that story twist at the end. The game was fun and all, but I wouldn't call it a timeless classic.

just_looken2h ago

A demo is free that was a $40 cry for help as later we would know konami did not want to fun hideo and his team anymore that is why we got the unfinished phantom pain.

-Foxtrot6h ago(Edited 6h ago)

Meh

Great stealth gameplay but the game was just average.

Bland open world that felt lifeless, the story felt shoehorned in, unfinished story etc. The whole thing was just average to me compared to the other main titled games.

I would have rather preferred it if they kept Ground Zeroes for the main game as the opening and the rest of the game turns into a Metal Gear 1 & 2 remake to bring things full circle.

just_looken2h ago

If you dig around they had old behind trhe scenes of phantom pain vids and books wrote around the time.

Before funding was puled the main idea was to keep peace walker coop it was in the games early builds and that end game were your building your base that was suppose to be metal gear one.

You as the fake big boss was going to make your own metal gear one map aka your base (outer heaven) then me as sold snake use the mode that is in the game invade/defeat the base even fight your current version of metal gear that was in the game but not finished.

So your idea was on the table bit got canned.

CrimsonWing696h ago(Edited 6h ago)

Like hell it is. That was the first time I became aware of being sold an unfinished game and was blown away about blind fanboys saying it was some perfect game.

Yea, the first few chapters were great until they do that thing halfway and make you replay all the missions again. Then little things like capturing animals but only seeing a JPEG unlike 3 where everything was modeled out. Areas were massive, desolate, and boring to look at.

Game was a massive let down for me and the potential was so high for it. Honestly, this was one of the most disappointing games I ever played. What’s worse is it starts off brilliant. You literally play through until you get to the point where you could tell they just stopped developing and then quickly used glue and construction paper to “finish” it and then sold it. Quite frankly, that’s insulting to consumers and fans.

Inverno5h ago

People have selective memory. This game had huge drama attached to it, what Konami did to Kojima and this game was horrible. Now they praise Konami cause they revived Silent Hill, even though SH looks half arsed too.

CrimsonWing695h ago

I dunno if they’re getting much praise after the Silent Hill 2 debacle. Makes me scared sh*tless for the MGS 3 Remake…

JEECE6h ago

Yes and no. In many ways in was a great game; there's a very strong argument that it has the best gameplay of any MGS game, and that it is one of the more interesting open world "playgrounds" we have gotten, in terms of how the world operates. But as an MGS narrative, it is pretty far down the list, for many reasons.

Fishy Fingers5h ago

For me, best gameplay, worst, everything else.

Show all comments (20)
80°

How Valve has treated Team Fortress 2 is a disgrace, and its community deserves better

17 years on from release and 5 years into a botting epidemic, Team Fortress 2 is on its knees, and it's high time Valve stepped in to fix it.

Read Full Story >>
videogamer.com
badz14921h ago

Valve can do no wrong, remember?

fsfsxii18h ago

Ah yes, pc gaming aka the bastion of fairness and equity and everlasting online playerbase, all i can say is lmao
Not to mention that these tf2 idiots were the progenitor of mrx in gaming