Sony Denies PS3 Price Cut Rumors

[admin]

Sony's President, Ryoji Chubachi, stated that the PS3 is not going to incur any price cuts at present. It had been rumored that Sony would take advantage of reducedBlu-ray disc player manufacturing costs and extend the player price cuts to the PS3. It is already known that Sony is losing money on every console sold in order to build its brand and enable eventual sales of software titles to make up for the initial investment. With sales of the Nintendo Wii console outpacing PS3 by a margin of 3-to-1, Sony is taking longer than ever before to reach the market penetration it is looking for.

Discuss "Sony Denies PS3 Price Cut Rumors" here. Read the article.

 

[avaserfi]

Well this sure makes for an interesting delima. So many retailers seem to be saying their is a price cut and Sony claims there won't be maybe they just want a big E3 "surprise" or maybe there is a lot of confusion in the ranks caused by the internet leaking false stories, only time will tell as E3 is this week.

 

[davo]

*AHEM*

Check it!!

http://forums.audioholics.com/forums/showthread.php?t=33384

I posted it 12 minutes before you guy's did. Falling asleep are we?

 

[avaserfi]

*AHEM*

Check it!!

http://forums.audioholics.com/forums/showthread.php?t=33384

I posted it 12 minutes before you guy's did. Falling asleep are we?

Exactly why there is so much confusion about the whole situation. This isn't the only site with conflicting reports although some stores have already dropped the price.

 

[davo]

I thought the info in the lead article was old news. I was actually suprised it was only just posted.

 

[j_garcia]

Well, the official announcement for the price drop came today so....moot point.

 

[davo]

Well, the official announcement for the price drop came today so....moot point.

Didn't you click on the link in post 3?

 

[alexsound]

Sony's President, Ryoji Chubachi, stated that the PS3 is not going to incur any price cuts at present. It had been rumored that Sony would take advantage of reducedBlu-ray disc player manufacturing costs and extend the player price cuts to the PS3. It is already known that Sony is losing money on every console sold in order to build its brand and enable eventual sales of software titles to make up for the initial investment. With sales of the Nintendo Wii console outpacing PS3 by a margin of 3-to-1, Sony is taking longer than ever before to reach the market penetration it is looking for.

Discuss "Sony Denies PS3 Price Cut Rumors" here. Read the article.

Went to a local GAMESTOP today at lunchtime, and they have lowered the price to 499. According to the clerk, they sold 5 PS3's today since the announcment of the price drop.

 

[avaserfi]

Went to a local GAMESTOP today at lunchtime, and they have lowered the price to 499. According to the clerk, they sold 5 PS3's today since the announcment of the price drop.

July's console sales are going to be interesting this time around. Thats to say the least. With E3 bringing a bunch of great announcements like this one.

 

[NeverSeen]

Circuit City has a nice big pricedrop banner on thier page for the PS3. (plus 5 free Blu ray disks and a free controller) soooooo tempting to buy one now heheh.

 

[kicknsupra]

i think i might have to buy one now