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Sony: No Price Cuts for PS3 Planned

By Ed Oswald, BetaNews

July 6, 2007, 1:12 PM

Forget about a price cut for the PlayStation 3 in the near future. Sony's president Ryoji Chubachi said the company currently has no plans to reduce the price of the console in an interview with Reuters.

Analysts had long been speculating that the company would cut the price of the PS3 by at least $100 to become more competitive here in the US. At a price tag of $599, it is $200 more expensive that the premium Xbox 360, and $120 more expensive than the Xbox 360 Elite.

The company is being outsold by the Wii, and in some cases the 360, by wide margins in just about every market, and investors are becoming increasingly more restless as the gaming division continues to cut into the company's successes in other divisions.

Price cuts were seen as the key to alleviate those concerns and propel the PS3 to the top of the heap like its predecessors enjoyed in previous generations.

"If you take a look at how PlayStation and PlayStation 2 have taken off, this is not such an unusual start," he argued. However, at the same time, the gaming industry has grown substantially since those consoles, so comparisons with them may not necessarily be accurate.

The financial markets are also increasingly losing confidence in the Japanese electronics maker. Last week, Nintendo replaced Sony as one of the company's 10 most valuable companies based on market capitalization.

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By Sven123456789

posted Jul 10, 2007 - 11:38 AM

Lier Lier pants on fire.

Score: 0

By Hollywood__

edited Jul 9, 2007 - 3:51 PM

The desperation, no let me rephrase that, frustration level of a certain person in here has reached critical mass.

I think I have finally broke his brain. Did you see that rant about BetaNews causing the PS3 price drop?

We all know he posts under a couple dozen different names so the least he can do is stick to just one and stop replying to yourself.

I'm not going to say who it is but it's the guy who doesn't know the PS3's warranty is only 90 days compared to Microsofts vastly superior 3 year warranty.

I think he wants to have hate sex with me.

p.s. Holly's off to Portifino Bay tomorrow morning, so if anyone can do a good job of driving this guy insane while I'm gone, please do your best.

Score: 0

By Metfanant

posted Jul 9, 2007 - 4:17 PM

Sony Computer Entertainment America ("SCEA") warrants to the original purchaser that the PS3TM hardware shall be free from material defects in material and workmanship for a period of one (1) year from the original date of purchase (the "Warranty Period").

Score: 0

By Ramhound

edited Jul 9, 2007 - 5:38 AM

Selling a product at a huge loss is NOT GOOD, yeah you might get the product, but when the product becomes unsupported because its not profitable then its bad.

An example would be this really really horrible U3 Flash Drive I bought. It was a great price, does everything I want, except work with Vista. Sure I purchased it before Vista and instead of supporting it the company just ended its life cycle.

I am not going to say that will happen to Sony but unless Sony starts to make a profit on the Playstation 3 and GIVE developers what they need to make great products.

Well lets just say Playstation 3 will be like the DODO Bird.

___

By pitdingo
Micro$oft is still loosing money on every 360 sold and look at how long that has been out. And now, they are going to have to shell out ~$1 billion USD to deal with all the defective systems.

This is an incorrect statement Microsoft is making a profit on Xbox 360s and they have been for awhile now. Granted its like only about $20 but thats still a profit.

But in general they have lost money cause they increased the warrenty period for a huge cost ot them.

Score: 0

By Metfanant

posted Jul 9, 2007 - 4:17 PM

source for the profits?

no way is M$ making a profit on the 360 yet....they NEVER made a profit on the original xbox...

seriously not trying to bash here but i HIGHLY doubt MS is making any sort of profit on the 360...not yet anyways...they will...

Score: 0

By SGD

posted Jul 10, 2007 - 10:12 AM

Come on it has been common knowledge for about six months that they are now making profits on each machine sold. DO some homework.

Score: 0

By Steve Austin

edited Jul 9, 2007 - 8:21 AM

Don't worry, many products sell at a loss. It's a common practise, called "Loss Leader".

This is how it works. They sell the hardware at a loss, but make the money back in the long run, via PS3 game sales, and Blu-Ray movies sales.

The problem is, when you are someone like Toshiba, who is spending massive amounts of money keeping HD DVD afloat (hardware costs $550, sells for $300, and they are paying considerable amounts of money to Universal to stay exclusive), but they have no returns to get that cash back, They get nothing for movie sales on the HD DVD format, and there are no games or the like to generate returns...

Score: 0

By SGD

posted Jul 9, 2007 - 9:02 AM

I agree with you on the first part about making money on games and addons, however you are grasping at straws on the HD part. I was for once going along with you until that point.

I still believe that the majority of people could care less about the blu-ray player. I believe that most don't want to pay a premium for a system that has something that they are not even remotely interested in. I think an addon would have been a better option for the consumer. People here are supporters of blu-ray so they want to the drive. Don't ignore that fact that most 90 some percent of the popluation don't give a crap about HD anything, accept maybe their TV.

Score: 0

By Steve Austin

posted Jul 9, 2007 - 11:40 AM

So where does Toshiba's HD DVD division make up for the money pit that's eating all their money? Subsidising Universal and $250 a player is not cheap..

Score: 0

By SGD

posted Jul 9, 2007 - 5:03 PM

I don't think I said anything in my response about HD-DVD.

You are dreaming by the way.

Score: 0

By Metfanant

edited Jul 9, 2007 - 3:28 AM

First of all THANKS BetaNews for now looking like IDIOTS in spreading your Sony hatred as they are now officially dropping the price of the 60GB model...the "no plans" was just an attempt to allow the announcement to stay under wraps until E3...let your Sony bashing continue!

now to more important stuff...

I'm loving how Hollywood's rants dig him a bigger hole...check this out...

He rants about how wonderful MS is for giving a 3 year warranty on their console....

yet blasts Sony for taking a supposed $400 hit on every console sold...hold on...wait...Sony is producing a console...that contains $1000 worth of technology...and selling it for $600...now THAT is really being nice to your consumers no?...you make the PS3 look like a better deal every time your fingers touch your keyboard! Thanks Holly

Score: 0

By SlapShot

edited Jul 9, 2007 - 7:14 AM

hello, they posted the story cause "Sony's president Ryoji Chubachi said the company currently has no plans to reduce the price of the console in an interview with Reuters."

that was from their mouth, unlike most schills that just spew from their colon

Score: 0

By DaveBG

edited Jul 9, 2007 - 2:01 AM

Sony cuts PS3 price to $499, new $599 80GB model to hit North America in August

Despite denials, Sony has made official the new $499 price point for the PlayStation 3 that we've started to see appear in retailers across the US. The 60GB model's new price point will indeed be $499, with a new 80GB model going on sale for $599 in the US and Canada in August. As a small bonus, the 80GB version will include a "free" copy of MotorStorm. So there ya' have it kids: in one quick swoop, Sony has made the PS3's price a whole lot more competitive.
http://www.engadget.com/...9-80gb-model-to-hit-nor/

---
I hoppe this stucks in the Hollywood__`s loser throat.
---

Score: 0

By Hocuspokus

edited Jul 9, 2007 - 8:58 AM

"I hoppe this stucks in the Hollywood__`s loser throat".

- Awwwww, Dave, why do you always have to be so personal?
Play nice, for once.

The bit I'm looking forward to is seeing how little difference this move makes.

$500 for the PS3 is still grossly over-priced - and it'll look even more so when Microsoft respond and clip their price-tag.

Score: 0

By il-loostya

posted Jul 9, 2007 - 2:43 AM

yada yada yada, what we all want to know though is do you still cry after you spank the monkey?

Score: 0

By DaveBG

edited Jul 9, 2007 - 12:16 PM

Not that i know what you are talking about but i smell that you have some relationship with Holly? Yes?
Retards...

Score: 0

By siryak

posted Jul 9, 2007 - 9:19 AM

"Reatrds..."

You know it looks a lot better when you call some a retard when you don't misspell it. Retard.

Score: 0

By SlapShot

posted Jul 9, 2007 - 7:10 AM

sorry but it's still overpriced crap

not get out of your mothers basement
loser

Score: 0

By DaveBG

posted Jul 9, 2007 - 12:17 PM

Yeah? But i have one and you dont, and never will.

Gay cheerleader.

Score: 0

By bobthegoat2001

posted Jul 10, 2007 - 1:30 AM

What, your mother's basement?

Score: 0

By SlapShot

posted Jul 10, 2007 - 12:26 AM

did howard stringer give you that line after you got done being on your knees for him

Score: 0

By smarterthanyou

posted Jul 9, 2007 - 1:35 AM

The current price of $599 is an excellent deal considering you're getting a Blu-Ray movie player with full support for all high definition audio formats including DTS HD Master that can also play video games. This is easily the best Blu-Ray movie player on the market. If Blu-Ray movies had both high quality sound (Dolby Digital Plus or better) and equal picture quality to HD-DVD I would buy a PS3 in a heartbeat.

Unfortunately, Blu-Ray movie audio and video are NOT equal to HD-DVD movies (not even close), so I will be sticking to vastly superior HD-DVD hardware and movies.

Score: 0

By Benjamin Linus

edited Jul 9, 2007 - 3:44 AM

Funny Hollwood__ also claims that HD DVD is better audio and video than Blu-Ray.

He also claims Sony will cancel the PS3 after Xmas, and claims that the PS3 warranty is 90 days, he also claims PS2 failure rate is 70%

Looks like you have to be a total idiot to believe that HD DVD is better...

http://hollywood__.youaremighty.com/ (sarcastic)

Score: 0

By siryak

posted Jul 9, 2007 - 9:24 AM

"Looks like you have to be a total idiot to believe that HD DVD is better..."

Why's that day? Because you said so?

Score: 0

By Metfanant

posted Jul 9, 2007 - 3:23 AM

have you ever watched a movie in both formats on the same TV with the same speakers?? doubt it...

if this is totally the case why is there only 1(ONE,UNO) studio that is just making HD-DVD's? We all know they are cheaper to make, and you state they have better quality...yet the studios are all going blu-ray...thats odd no?

Score: 0

By smarterthanyou

edited Jul 9, 2007 - 8:36 PM

Let's see, Blu-Ray uses Dolby Digital audio. HD-DVD uses Dolby Digital Plus on every single disc and in some cases Dolby TrueHD lossless compression.

Also, every single HD-DVD disc released in the USA (except for the IMAX Chronos HD-DVD disc) uses superior VC-1 video compression. Blu-Ray uses the obsolete MPEG-2 on a significant amount of discs.

How is Blu-Ray's audio and video quality superior again?

Score: 0

By Hollywood__

edited Jul 8, 2007 - 8:51 PM

Can anyone answer why someone who is supposed to be two (or 26) different people are posting the exact same thing (word for word) in here?

And they all equally suck at punctuation, capitalization, and basic grammar skills.

Anyone?

p.s. Sony just called me and confirmed it.... 90 days.

Score: 0

By RedBoar

posted Jul 8, 2007 - 7:33 PM

Ha ha ha, the true marketing for this piece of crap is now evident. Sony NEVER intended this machine for middle class people, it's for the upper class who already enjoy every luxury in this country. Well Sony that's quite an interesting gamble, when will you declare bankruptcy and prepare for the buyout?

Score: 0

By Hollywood__

edited Jul 8, 2007 - 5:59 PM

Is there an echo in here? I see some duplicate posts.

And someone is starting to twitch. He has a weakness, just like the Death Star. If this forum was a Star Wars movie, I'd be Master Yoda and he'd be Jar Jar Binks.

You remember that goofy bas**** that everyone wanted to die rather than spending another minute listening to him. The joke of the series that nobody takes seriously.

This pretty much sums up my image of him-

http://img464.imageshack...4/8333/disbeliefoj9.jpg

Let me guess, he will also post a picture of something on imageshack even though I never mentioned a name.

Score: 0

By pitdingo

posted Jul 8, 2007 - 6:46 PM

Oh i figured it out...Hollywood__ and Steve Austin are the same person. I get it. LOL.

Score: 0

By Steve Austin

posted Jul 8, 2007 - 5:57 PM

Hey, I spotted your IM picture. Have you lost weight? http://i.somethingawful.com/404/egad.jpg

Score: 0

By bobthegoat2001

posted Jul 10, 2007 - 1:34 AM

Is that your mom?

Score: 0

By Hollywood__

edited Jul 8, 2007 - 5:05 PM

LMAO

There seems to be sparks coming out of someone's ears here. Why do people get so bent out of shape when I expose Sony's warranty for what is truly is? Which is 90 days.

I'm not saying names because it would take too long to list them all, so let's just assume it's one person pretending to be 26 different people.

Great news for all you 360 fans, they should have thier 12 millionth console sold sometime in the coming week. This 3 year warranty is really paying off. I will have to say I thought Sony sold more than 1.5 million PS3's though.

Here is the proof

http://img365.imageshack.us/img365/3537/sstu5.jpg

This "new" guy sounds an awful lot like someone else who posts here but i can't put my finger on it. If anyone could post your thoughts on who it might be, it would really help me out as I am completely stuck.

I did a little digging and here's what I found on Sony's website.

"Sony Computer Entertainment America ("SCEA") warrants to the original purchaser that the PS3™ hardware shall be free from material defects in material and workmanship for a period of 90 days from the original date of purchase (the "Warranty Period")."

Also read this -

"Yesterday we were tipped off by an employee of a major publisher who claimed that the Sony PS3 failure rate—at least within his studio—has been much higher than Sony has stated failure rates to be (around 1-1.5%). The employee suggested that the failure rates were actually as high as 10-25% among the 300 or so consoles they received. He also noted that Sony Online Entertainment's Q-Bert seemed to be making the problem worse, with many of the consoles getting much hotter than usual."

That is too funny. Hollywood is right again as usual. PS3 failure rates are just slightly higher than that of the 360.

Score: 0

By pitdingo

edited Jul 8, 2007 - 7:17 PM

Man, do you have serious mental problems. What does that image prove exactly? That some fanboy can make an image and put it up on Imageshack? Those numbers do not match what retailers are reporting. Check a site that reports on Video Game sales based off of retail sales information.

http://www.vgchartz.com/

To summarize:

0.41m Japan
6.47m America
3.25m Others
------------------
10.13m XBox 360

2.91m Japan
3.57m America
2.37m Others
------------------
8.85m Wii

0.98m Japan
1.56m America
1.07m Others
------------------
3.61m PS3

So the XBox 360, which had over a _year_ head start on both the PS3 and Wii, is almost overtaken by the Wii. LMAO! What is your rant going to be when Nintendo has the most consoles sold?

Again you are incorrect on the waranty. Reading comprehension is very low on your side.

"Sony Computer Entertainment America ("SCEA") warrants to the original purchaser that the PS3TM hardware shall be free from material defects in material and workmanship for a period of one (1) year from the original date of purchase (the "Warranty Period")"

Again, this will be stated. The PS3 has a one year warranty.

Sony PERIPHERALS are 90 days.

http://www.us.playstatio.../Support/PS3/Warranties

Your statment that: "PS3 failure rates are just slightly higher than that of the 360." is not supported by any information. Please do give a source...

Score: 0

By Steve Austin

posted Jul 8, 2007 - 4:45 PM

You've already been proved to be a total idiot below, why carry on the lies?

PS3 has a global 1Yr Warranty...

http://www.us.playstatio.../Support/PS3/Warranties

"Sony Computer Entertainment America ("SCEA") warrants to the original purchaser that the PS3TM hardware shall be free from material defects in material and workmanship for a period of one (1) year from the original date of purchase (the "Warranty Period")."

Score: 0

By Hollywood__

edited Jul 8, 2007 - 3:27 PM

Hocus,

I just read an article that says Sony may extend it's 90 day warranty to 120 if enough people complain but nowhere near 3 years like Microsoft. The same article says the PS3 has caused Sony as a whole to take a loss every quarter since it was released.

Sony themselves said it would "take a decade to get out from under this turd we created".

People shouldn't get mad at me, I'm just quoting fact.

Do you think 90 days is a good warranty Hocus? I sure don't.

Also, our newest "member" uses the same exact language and links as someone else in here. Surely we will be outnumbered by all of these "new" members that all think the same way as a certain other person. We had better watch it. Is that 26 or 27 now? I lost count.

They all use "web speak" too. Strange.

Score: 0

By Steve Austin

posted Jul 8, 2007 - 4:46 PM

You've already been proved to be a total idiot below, why carry on the lies?

PS3 has a global 1Yr Warranty...

http://www.us.playstatio.../Support/PS3/Warranties

"Sony Computer Entertainment America ("SCEA") warrants to the original purchaser that the PS3TM hardware shall be free from material defects in material and workmanship for a period of one (1) year from the original date of purchase (the "Warranty Period")."

Score: 0

By pitdingo

edited Jul 8, 2007 - 3:47 PM

i did a google on playstation 3 warranty...

http://www.us.playstatio.../Support/PS3/Warranties

looks to me like they have a 1 year warranty. If are going to make up numbers to try and trash Sony, at least pick something that is not so easily exposed.

Score: 0

By terminalx

posted Jul 8, 2007 - 4:30 PM

Actually, he is kind of right but probably missed the first part the PLAYSTATION is warranted for 1 year (not sure if that's always been that way or not it doesn't say)

All other sony components are 90 days.

An honest mistake.

Score: 0

By pitdingo

posted Jul 8, 2007 - 6:38 PM

Peripherials are 90 days. Console is one year. So, no he is not partially right.

Score: 0

By Steve Austin

posted Jul 8, 2007 - 4:45 PM

Don't be fooled, it was not a accidential mistake, is was an intentional attempt to bend the truth.

Score: 0

By pitdingo

posted Jul 8, 2007 - 3:31 PM

You really should get some help, you delusions are out of control.

If you knew anything about the console business, vendors take a loss on the consoles for the first few years and make it up in software sales. That includes Micro$oft, Sony and in history: Sega, Atari, Mattel, Coleco, Magnavox, and even Nintendo up until the Wii.

I am sure Sony said: "take a decade to get out from under this turd we created"

How old are you? I guess a better question is why am i arguing with someone who is clearly out of their mind....

Score: 0

By terminalx

posted Jul 8, 2007 - 9:29 PM

If we are going to start talking about ages, putting a $ as an "S" in Microsoft really shows maturity...

Score: 0

By Hollywood__

edited Jul 8, 2007 - 3:17 PM

Hocus,

I'll bet he shows up with yet another username and some useless chart today. What that chart wont show is with every PS3 sale, they are now incurring a $409.00 loss per console.

I would then guess he will reply to his own post, trying to give himself credibility by making it look like "new" members are agreeing with him. You can alomst guarantee there will be some kind of "web speak" language involved.

I dont' know about you guys, but I'll take a 3 year warranty over 90 days.

(update)

What a surprise. I must be a bloody mind reader. The ability to perfectly calculate future events based on past experience comes with having a 180 IQ. Fortunately, I am the product of a classical education.

Score: 0

By Steve Austin

edited Jul 8, 2007 - 2:41 PM

You've already been proved to be a total idiot below, why carry on the lies?

PS3 has a global 1Yr Warranty...

http://www.us.playstatio.../Support/PS3/Warranties

"Sony Computer Entertainment America ("SCEA") warrants to the original purchaser that the PS3TM hardware shall be free from material defects in material and workmanship for a period of one (1) year from the original date of purchase (the "Warranty Period")."

The PS3 does not lose $400 a console, not anymore, it's now estimated about $280.

Score: 0

By SlapShot

posted Jul 8, 2007 - 3:19 PM

Wow Steve called someone an idiot

LOLOLOLOLOLOLOLOLOLOLOLOL

Score: 0

By pitdingo

edited Jul 8, 2007 - 12:49 PM

Who cares what Sony looses per console? Every console, with the exception of Wii looses money at the start. Software is where the money is at.

Micro$oft is still loosing money on every 360 sold and look at how long that has been out. And now, they are going to have to shell out ~$1 billion USD to deal with all the defective systems.

I fail to see what you are ranting about. Did your mommy not pay enough attention to you today?

(update)

PWNED!!

Score: 0

By SGD

posted Jul 8, 2007 - 4:00 PM

Ah it has been know for some time that the 360 produces a profit for each unit sold not very much but still profit.

Score: 0

By Hollywood__

posted Jul 8, 2007 - 5:30 PM

That's true SGD, they make about $409 per console, wait, that's exactly what Sony is losing per console.

Score: 0

By pitdingo

posted Jul 8, 2007 - 12:22 PM

Ok, here is some info to break all you pre-puberty fanboi hearts....

http://www.vgchartz.com/...mp;reg3=All&align=1

So the PS3 and 360 have an almost identical uptake and the Wii is _dominating_ everyone.

Microsoft is having to shell out a cool $1 billion to fix their poorly designed system, Sony is too expensive, and Nintendo has the perfect system at the perfect time to pwn the marketplace.

Score: 0

By terminalx

posted Jul 8, 2007 - 9:33 PM

The Problem once again is everyone is running from ps3 to make games on the xbox360, where's Sony's killer titles? The new system should still be getting steam instead its slowing down to a crawl.

Seriousily, I want to know as I haven't seen anything groundbreaking yet.

Score: 0

By Hollywood__

edited Jul 8, 2007 - 11:04 AM

My guess is the price drop will anger the all of the people who paid $599.99 for a PS3 since November. I mean they are selling it for half of what it costs them to build one.

First it was a loss of well over $300.00...... now $400.00 per console? This move stinks of desperation. Like I said, Christmas of 2007 will be the end of the PS3 console. There should be about 15-20 million Wii's out there by then.

It's obvious that the Wii is the clear winner here as it actually generates revenue with every sale, the 360 has done very well in game and peripheral sales. Then there's the PS3 with an attach rate that is the lowest in the industry, a substandard BD player and over $400.00 lost with every console sold.

The PS3 will suffer the same fate as the Neo Geo, it will just slowly fade into oblivion. I'm betting another variation (and completely new) username will have something to say about my post. What a shock, when you have no credibility, you have to give the illusion of a newbie coming in here who loves Sony and the PS3.

But the they make the mistake of putting up links that they already used in thier other posts under different nicknames, making it obvious they are the same desperate, lonely, lazy-eyed lemming.

I'm not going to name names here you should be a ble to figure it out.

Score: 0

By Steve Austin

edited Jul 8, 2007 - 11:49 AM

Hey dumba**. The production costs of PS3 have dropped significantly since Novemeber. Anyone with any ounce of knowledge knows this, the known stuff comes to $80 cost savings, there are undoubtably unknown savings.

As for annoying existing owners, this is perhaps the dumbest thing you have ever said, as the same comment is equally applicable to any price drop of any consumer goods ever. Lets turn it around.

"I see Toshiba have dropped (another) $100 on the price of doomed HD-DVD players, that will anger the all of the people who paid $599.99 for one. This move stinks of desperation" See how stupid it sounds.

Score: 0

By Austin814

posted Jul 7, 2007 - 11:13 PM

Target Sells 60GB PS3 for $499...yep no price cut.

http://www.ps3fanboy.com...ld-at-target-for-499-99/

Score: 0

By SGD

posted Jul 8, 2007 - 9:33 AM

Not the ones by me.

Score: 0

By SGD

posted Jul 8, 2007 - 12:40 AM

It's really sad when they have to cut prices this early in the lifecycle. Desperation indeed. Famboy.com nice.

Score: 0

By p1ague201

posted Jul 8, 2007 - 7:52 AM

So at $599, you say it's too expensive. When it drops to $499, you say they are desperate.

Classic Xbot nonsense. You really do fear the Playstation brand will destroy your console yet again..

Score: 0

By SGD

posted Jul 8, 2007 - 9:48 AM

Systems to my knowledge dont drop in price this soon unless there are sales problems. Not meeting sales projections maybe.

Score: 0

By Steve Austin

posted Jul 8, 2007 - 11:51 AM

HD DVD seems to be plummeting in price, there must be serious problems there..

Oh, sorry, I forgot, price drops are only problematic in your eyes, when it's not your favorite product...

These forums are full of Hypocrites. SGD, Siryak and Hollywood__ being the worst offenders..

Score: 0

By SGD

posted Jul 8, 2007 - 4:04 PM

And look at the pot calling the kettle black here. You are to funny fanboy. I can comment on HD and blu since i own both so frankly I could care less who wins or loses since I have both I am all set. You really don't get it. I side with the one that is better period.

Score: 0

By Hollywood__

posted Jul 8, 2007 - 5:38 PM

SGD, we park our cars in the same garage my freind. I was a PS3 owner since launch day and didnt get a 360 / HD-DVD combo until a week before Christmas 2006.

As you can see, my sole purpose is now to aggravate someone until they cry.

Score: 0

By siryak

posted Jul 8, 2007 - 11:56 AM

LOL...HD-DVD is a lot farther in than the POS3. Ofcourse they are going to have price drops. The POS3 on the other hand is not even a year in yet!

Score: 0

By Hocuspokus

posted Jul 8, 2007 - 9:16 AM

"So at $599, you say it's too expensive".

- Of course it is, that's why they're not selling.

It's perfectly simple; the shops jumped the gun to try and shift stock that's been welded to the floor.....and the really funny bit is that $499 isn't going to do a lot for them either.

Score: 0

By Alex Stevens

edited Jul 7, 2007 - 11:28 PM

Did you really just link to a site named ps3fanboy.com?

Score: 0

By Natrunner

posted Jul 7, 2007 - 1:46 PM

"..currently has no plans to reduce the price of the console.." said the mighty captain as the ship sank.

Score: 0

By SGD

posted Jul 7, 2007 - 1:06 PM

If Sony does drop the price you can count on MS lowering the 360 price so the advantage will be gone.

Score: 0

By Benjamin Linus

edited Jul 7, 2007 - 3:44 PM

Microsoft are struggling, the current consoles are losing money, and the Xbox division as a whole is 7.1 Billion dollars in the red..

They can't afford to drop any further.

Score: 0

By Hocuspokus

posted Jul 8, 2007 - 9:18 AM

No.

The entire 'XBox enterprise' (everything since starting in 2000) has cost approx $5 billion.

Microsoft made that in the net Q1 profits for 2007 alone.

You really haven't a clue about what you're trying to talk about BL
(or whoever you are today).

Score: 0

By pitdingo

posted Jul 8, 2007 - 12:45 PM

That money is certainly not coming from their XBox division. They have yet to ever turn a profit.

http://www.gamesindustry...tent_page.php?aid=24765

Their revenue comes from their monopoly in the OS and Office markets. They have failed miserably in attempts to get into other markets (Zune, XBox, etc...)

Score: 0

By terminalx

posted Jul 8, 2007 - 4:35 PM

Erm, the Zune did what they wanted it to do, they got into the market, Ipod didn't catch on right away either, so anything is possible.

If MS were to make Zune compatible with playsforsure and fix the wireless issue it could be quite an impressive player.

Score: 0

By Hocuspokus

posted Jul 8, 2007 - 1:21 PM

"That money is certainly not coming from their XBox division".

....er, I just said that.

The salient point is....'so what'?

Microsoft are a vastly more profitable company than Sony.
When the idiot Sony/PS3/BD fanboys start whining about how much XBox has cost Microsoft they conveniently leave out the comparison of how tiny Sonys profits are (and have been for years) when compared.

Microsoft could 'pay' for an entire XBox 'enterprise' out of the profits from every quarter.
Net of taxes.

Like I said, Microsoft (as a whole) talk profits in tens of billions $ US p.a. (net), Sony (as a whole) have recently clawed back to only a couple of hundred million $ US.

Write XBox/XBox 360 off as a failure if you like but you're under-estimating the venture, it's one designed to last several generations....

.....and for all your shilling the truth is that Sony would dearly love their PS3 to sell in such (according to you) 'failed') numbers as the XBox 360.

Score: 0

By pitdingo

posted Jul 8, 2007 - 3:26 PM

what are you ranting about?

The PS3 is selling at approximately the same rate as the 360. The 360 has been out over a year longer. Again, look at the facts...

With the launches aligned, the 360 and PS3 are selling at pretty much the same rate

http://www.vgchartz.com/...mp;reg3=All&align=1

I realize, this does not fit into your world, but facts are facts. Neither Micro$oft or Sony are fairing well in the next generation right now. Only Nintendo is.

If the Wii keeps selling like it is, both Micro$oft and Sony will have to give up on this generation and move to the future, just like Micro$oft had to do with the original XBox failure.

Please, lay off the Micro$oft kool-aide.

Score: 0

By Hocuspokus

edited Jul 8, 2007 - 5:05 PM

"what are you ranting about?"

Please, keep it up, you Sony shills & drones have been hilarious in the last few days.

The truth is the PS3 is failing to meet it's sales projections (so much so they - rather unusually - publicly admitted this).

S'funny how a brief rebuttal of those absurd 'XBox is such a drain on Microsoft' comments is now a "rant".

LMFAO.

You guys, hilarious.

Keep taking the meds.

Score: 0

By terminalx

posted Jul 8, 2007 - 4:38 PM

The original Xbox wasn't a failure it broke into a market and gained a share.

Funny how xbox360 is a failure but all the exclusives are leaving Sony, explain that?

Also why does Xbox360 have such an impressive line coming up, even on the sites you post here, states the next quarter is going to be huge for Xbox.

Score: 0

By pitdingo

posted Jul 8, 2007 - 7:28 PM

The XBox is a failure. That is why they rushed out the 360. THe PS2 wtfpwnbbq'd the last generation.

Looks like the 360 is going to be left in the dust again...this time Nintendo is doing the pwning.

Score: 0

By SGD

posted Jul 8, 2007 - 8:55 PM

That us fine with me the Wii is a good product. But I suppose this time it counts as this generation since it will take first place shortly. Funny how when compared to the PS3 the Wii doesn't count now since it will take first it does, make up your minds for God's sake.

Score: 0

By siryak

posted Jul 8, 2007 - 8:02 PM

Yep and the poor POS3 is going to take a last place this time around. Poor little guy. :'(

Score: 0

By siryak

posted Jul 8, 2007 - 4:20 PM

News flash...The 360 is outselling the POS3 2 to 1.

Score: 0

By pitdingo

posted Jul 8, 2007 - 7:26 PM

Newsflash, the Wii is outselling the XBox 5:1

Score: 0

By siryak

posted Jul 8, 2007 - 8:03 PM

Sure is. Was this supposed to be an attack? I like both the 360 and the Wii...

Score: 0

By terminalx

posted Jul 7, 2007 - 8:43 PM

Yet, MS is still gaining exclusives and putting out games, it doesn't matter how far they drop their price until they have games people actually want rather then multi-platform its going to continue to bleed money.

Score: 0

By Sexbarril

posted Jul 7, 2007 - 4:32 PM

Yet MS has a larger warchest for such efforts as gaining market share in the gaming industry and music industry ( Zune ).

Sony however does not.

It hurts Sony ( as it is a smaller company with alot less funds ) to lose 2 billion than it does MS to lose 7 billion.

So while MS MAY indeed be bleeding money, it has other income sources to alleviate, while Sony does not.

That is all.

Latz, SB

Score: 0

By Benjamin Linus

posted Jul 7, 2007 - 4:47 PM

Most other Sony divisions are doing very well. Bravia TV's for example..

Sony are a huge company, much more diverse than Microsoft, they have divisions in Music, Movies, Gaming, Home Elecctronics, Buisness Electronics, Broadcast equipment, the list is endless.

$2billion is insiginificant. That can be won back quickly.

Score: 0

By SGD

posted Jul 8, 2007 - 5:19 PM

Sony should thank god since the TV sector is sving their sorry as* from failure. The rest of their products just suck,recievers, car audio you name it, it sucks.

Score: 0

By kashin

posted Jul 8, 2007 - 4:58 PM

If Sony is doing so great, then why are they laying off employees in the gaming division? First in Europe and then in the US. Sony may be doing well in other areas outside their gaming division, butt the losses incurred by the PS3 are bleeding them dry. I know you don't want to admit it or even hear it, but it's the facts. No matter how well Sony's products are doing, a $2billion dollar loss is not easily swallowed. Yes, Microsoft can easily swallow a 2+ billion dollar loss, because they're a much bigger company. Comparing Sony to Microsoft is like comparing David to Goliath.

Score: 0

By SGD

posted Jul 7, 2007 - 10:16 PM

Oh yeah MS is hurting they own the workplace and most likely your computer you type your hate with is run by them. Windows, Office, and many others are made by them yet they are hurting I think not. MS can buy $ony and have billions to spare. Sometimes you are so clueless its sickening.

Score: 0

By siryak

posted Jul 7, 2007 - 9:07 PM

That is why you see news articles all the time saying the POS3 is drowning out the success of the other parts of Sony. They CAN'T afford it.

Score: 0

By p1ague201

posted Jul 8, 2007 - 7:53 AM

Not the media, when did you read this on Ruetiers?

Only Microsoft sponsored bloggers say this. If you are dumb enough not to see then, then that's your fault..

Score: 0

By siryak

posted Jul 8, 2007 - 12:03 PM

It was on this site dip ****.

Score: 0

By pitdingo

posted Jul 8, 2007 - 3:33 PM

post a link then...

Score: 0

By siryak

posted Jul 8, 2007 - 4:25 PM

ROFL...Typical $ony fanboy...Try reading the article we are in right now...If you can at least.

"The company is being outsold by the Wii, and in some cases the 360, by wide margins in just about every market, and investors are becoming increasingly more restless as the gaming division continues to cut into the company's successes in other divisions."

This has also been said in many other articles here.

Score: 0

By siryak

posted Jul 9, 2007 - 9:27 AM

Fake plague and pit where'd you go?!?!?

Score: 0

By Hocuspokus

posted Jul 8, 2007 - 5:11 PM

"investors are becoming increasingly more restless as the gaming division continues to cut into the company's successes in other divisions.""

Ouch!

Surely they coulda just wheeled in some of the expert Sony drones/shills we have here who'd have told them all about how great the PS3 is doing, especially at this point in it's life cycles compared to the XBox360 & the Wii blah blah blah......if nothing else it woulda bored them to tears so bad they'd have been only too happy to escape the 'meeting'.

.....course all that kinda ignores the fact the bankers & financier types aren't interested in that kind of ludicrous garbage tho.

They're more concerned with people leading them up the garden path, promising profits on their investments and in fact returning them losses on the balance sheet.

Nevermind, perhaps they're all in Toshiba or Microsoft's pockets too......or they hate Sony or they're XBot fanboys.

LMFAO.

Too funny.

Score: 0

By Hollywood__

edited Jul 7, 2007 - 1:03 PM

If Sony sells another 3.5 million PS3's after the price drop, it will only mean another 1.4 billion dollar loss to add on to thier existing 3. Not to mention the attach rate is one tenth of what it needs to be for Sony to start making money back.

I guess you should stay out of the gaming console market unless you have the money to burn.

Some stores have resorted to only putting out one or two PS3 in the attempt to make it look like they are in short supply.

Fortunately for Nintendo, people are wising up to expensive consoles and buying a system that makes money and is fun to play. All of those dollars are lost sales for Sony as the 360 has been out for a long time and anybody who was going to buy one already did.

Sony, Not Microsoft is losing dollars to Nintendo. Oh well, some people never learn you can't launch a high end expensive gming system a year after the competition at the same time a better, well thought out fun to play system is also being rolled out.

There still isnt a Wii to be had.

Someone will surely dispute this post claiming that the PS3's attach rate is oh I don't know, around 4 (based on no actual data) to which I won't respond.

Score: 0

By Benjamin Linus

posted Jul 7, 2007 - 12:23 PM

Come back when you know something about economics..

Your numbers are based on the old data of component prices, which is now out of date, and it also assumes Sony are not making money on PS3 and acessories. The attach rate of PS3 games is actually very good, at 4, the same as the Wii.

Score: 0

By kashin

posted Jul 8, 2007 - 5:07 PM

Yeah, you keep wishing that until it comes true. Here in the real world, even the blind can see how badly Sony is suffering. Despite whatever incredible savings they managed to create on the manufacturing of PS3 components, the fact remains that they're STILL hemorrhaging more money than they can afford. Again, you can keep ranting about Sony until you turn blue in the face, the facts are facts and everybody knows it.

Now using your Sony math and "economics", explain to me how Nintendo is selling a console for more than it's worth (they're making a profit on it) and they can't make them fast enough, that's how fast they're selling. Then there is the PS3 which is worth far more than they're selling it for (they're losing huge amounts on it) and nobody wants it. Before you get the urge to tell me that the PS3 is selling just great, keep in mind that the Wii is outselling the PS3 five to one. Now this is the part where you tell me the Wii is not competing directly with the PS3 (laughable) and is aimed at a whole different market and target demographic.

So the 360 had a year head start and is way ahead of the PS3. Well that's not a fair comparison! Then there is the Wii that was launched at the same time as the PS3, but it's aimed at a different market! That's not fair either!

In conclusion, the PS3 is a clear winner as proven by my Sony fanboyish reasonings above. It has no direct competitor, therefore it wins by default! hahahahahahahaahaha

Score: 0

By SGD

posted Jul 7, 2007 - 1:07 PM

You must work for Sony with the info that you ahve about their costs.

Score: 0

By Benjamin Linus

posted Jul 7, 2007 - 1:47 PM

Nice try, but it's public knowledge that the price of Blue lasers have dropped from $70 to $7 recently, and the cost savings of removing the EE chip and related circuitry are also well documented.

Looking at the stuff we DO know, Sony have done $80 of cost savings, there are no doubt more they havn't shouted about... I wouldn't be suprised if it's $140 cheaper to make (down from $800 to $660).

Score: 0

By SGD

posted Jul 8, 2007 - 12:41 AM

I forgot about the screw the supporters with removing the EE chip.

Score: 0

By SGD

posted Jul 7, 2007 - 10:18 PM

Then add in the millions or billions to design the mess of a system and the loses still mount.

Score: 0

By siryak

posted Jul 7, 2007 - 9:08 PM

"there are no doubt more they havn't shouted about"

LMAO....We are talking about the same company here aren't we? If there is anything they can say to make the POS3 not look like the drowning ship it is, you can bet your a** they will be shouting it.

Score: 0

By Dsfargeg

posted Jul 7, 2007 - 11:28 AM

This means one of two things:

a) Sony failed keeping the price cut a secret, which they tried to do because PS3 sales would screech to a halt until the cut when it gets known.

b) Sony is indeed not doing a price cut, and store owners are that desperate by now to shift their vast amount of surplus PS3s which are just catching dust that they're willing to eat up a $100 loss per console just so that it sells in the first place.

So if for once Sony isn't talking out of their ass, then retailers must really be extremely desperate to get rid of their PS3s.