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Sony Firm On PS3 Pricing 84

Reuters has some last minute discussion on the high price of the PS3, as well as their plans for shipping 2 million units by December. From the article: "'We are very comfortable with the pricing we have announced and have gotten tremendous support from retailers for that price point,' Hirai said on the sidelines of the Dow Jones VentureWire Consumer Technology Conference. 'So it is full steam ahead with the pricing of $499 and $599.'"
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Sony Firm On PS3 Pricing

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  • by harryk ( 17509 ) <harryk20022002@[ ] ['yah' in gap]> on Thursday November 09, 2006 @03:55PM (#16788287) Homepage
    Ok, I'm sure I can find the details online, but I've got a quickie question for those that will be buying the PS3 next week.

    What is going to entice you to but the PS3 Premium, as opposed to the Basic? The basic will have the HDMI port, a 20gig drive (versus 60 right?) etc... etc...

    So what exactly will you be 'getting' that you just have to have for an extra $100?
  • Good price (Score:2, Interesting)

    by Quila ( 201335 ) on Thursday November 09, 2006 @04:21PM (#16788439)
    You have to remember that with Blu-Ray, the PS3 is easily worth more than Sony is charging, as evidenced by the fact that Sony is taking a loss on each one sold.

    To me the question is whether the console market is ready for something like this. It's big, expensive, powerful and hot (heat-wise). It sucks far more power than my Athlon desktop, including large CRT monitor, five hard drives, cable modem, router and other accessories (that's from the reading on my UPS). Something this powerful should have come along in a couple of years, when the technology could have it be smaller, cooler and cheaper.
  • by Ignatius D'Lusional ( 1010911 ) on Thursday November 09, 2006 @04:29PM (#16788497)
    So, the prices for the PS3 haven't changed? Why would they? The damn thing hasn't even launched yet! How is this news?

    Here's the deal: If something changes, it's newsworthy. If nothing changes, there is no story.


    Let me know when the price drops $100-200 in a few years. That's the news I'm waiting to hear.

  • Price Drop (Score:4, Interesting)

    by HappySqurriel ( 1010623 ) on Thursday November 09, 2006 @04:58PM (#16788685)
    They could have charged more for it (let's say $800) and they would still sell out the first batch of consoles. Then they could drop the price to something resonable 3-6 months later. Now the money is going to all the people selling them on ebay rather than Sony.

    Didn't the xbox drop by $100 only 6 months after launch?

    In Europe the XBox was initially overpriced and it was hurting sales so they cut the price a couple of months later; this pissed off most of the people who already purchased a XBox so they were forced to give people coupons for games (IIRC everyone who paid the initial price got 2 game coupons). The fact is that if you cut your price too often, or by too much, you're only going to upset the customers who already bought your system.

    Personally, I believe the best strategy is to reduce the price $50 (or add a pack-in game) every 12 months; then even people who buy the system the day before the price drop/pack-in will not be that offended. The problem (with the PS3) is that at $500/$600 it will take 6 years at that rate before the average consumer will be willing to purchase your product; in that time Nintendo could release the Super Wii Advance that is 4 times as powerful as your system for $200.
  • by poot_rootbeer ( 188613 ) on Thursday November 09, 2006 @05:26PM (#16788851)
    Fabulous new mobile phone, lots of bells and whistles = people happily pay $500

    Personally, I would never pay more than about $300 for a mobile phone, and that's only if it's an all-in-one wonder like a Treo with built-in PDA/internet/bluetooth/flashlight/screwdriver/etc. If the hardware costs more than that, I expect the carrier to subsidize it as consideration for my decision to enter a service contract with them.

    Fabulous new video iPod, lots of nice features = people giddily pay $500

    The current top-of-the-line iPod model (5G 80GB) sells for only $350.

    Fabulous new game console, nex-gen features = people freak out, say $500 is way way too much.

    There's no point in comparing a game console to a mobile phone or an MP3 player, though. That's an apples-to-figs-to-coconuts comparison.

    For a meaningful, Braeburn-to-Red-Delicious-type comparison, one has to evaluate the PS3 in the context of other game consoles. No game console with a entry price above $300 has ever been a success--EVER.
  • What complainers! (Score:2, Interesting)

    by Kelmenson ( 592104 ) <<moc.oohay> <ta> <nosnemlek>> on Thursday November 09, 2006 @05:29PM (#16788865)
    So Sony is selling their brand new console, which should last 5-8 years, for $599. And Slashdot is up in arms at how insane Sony is for charging this much.

    But nobody complains when a new cell phone comes out that costs $500. How many years is that phone going to last you? How much in monthly service charges are you going to have to pay? PS3 is free.

    Nobody complains that Nvidia just came out with a $700 video card. It'll only be 6 months that that card is top of the line. Nobody is coming out with a higher powered console any time soon.

    But Sony is charging too much. Even though they are taking a loss on each unit. Right, whatever you say...
  • Hang on a mo... (Score:3, Interesting)

    by GregWebb ( 26123 ) on Thursday November 09, 2006 @07:18PM (#16789615)
    (UK reader here)

    I paid GBP99 for my PS2, but that was late in its life.

    I'm really pretty sure that it debuted at GBP299, as did the X-Box and the original PlayStation. I think the Saturn debuted at GBP399.

    299.00 GBP = 570.145 USD (From

    Now, I'm aware that we tend to get pretty badly screwed on new electronics, but still...

    (And also, this does rather suggest there is a market for this sort of thing at that cost level.)
  • by cowscows ( 103644 ) on Friday November 10, 2006 @09:52AM (#16792916) Journal
    First off, I don't think anywhere near the majority of people have a $500 cell phone. You can get a pretty decent phone for free with most plans now-a-days, or buy a good one for a whole lot cheaper.

    But besides that, the thing with consoles is, if I spent $500 on a PS3, I'm not getting my money's worth until I spend a bunch more cash. Games are pretty damn expensive. Like $60 expensive. If I buy one game per month, you're talking $720. If I were to give a phone company $720 per year, you can be damn sure I'd get a really nice phone for free.

    And really specific to the PS3, everyone knows that the Blu-ray is a major factor in that cost, yet many people are indifferent at best towards blu-ray. It's hard to get excited about giving a company a bunch of extra cash so that they can try to establish a monopoly on the next big storage medium.

Man is an animal that makes bargains: no other animal does this-- no dog exchanges bones with another. -- Adam Smith