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 PS3's $399 Price 'Simply Too Steep,' says Analyst, What do you think?

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gundamalpha
post Oct 8 2008, 10:34 AM

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No doubt the high price tag is one of the many reasons keeping many consumers away from the PS3 at the moment. There are many people who are interested in getting a PS3 but couldn't afford/not seeing its worth in this very forum, an undeniable fact. But analyzing the performance of the sales over the holiday season, no one knows until it actually happens.
gundamalpha
post Oct 8 2008, 11:23 AM

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It's not about the affordability tagged with the price tag of $399. I have many friends worldwide who are rich people (willing to pay thousands of dollars for an arcade game) but unwilling to get a PS3. Their reasons was simple, they won't spend $400 for a console. You can't simply put your philosophy on spending for a PS3 the same as others. The price tag is unreasonable viewed by averaged consumers despite the value of the console, that's the barrier.
gundamalpha
post Oct 8 2008, 11:58 AM

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QUOTE(aiyish @ Oct 8 2008, 11:48 AM)
its happening to the ps3 also. good gracious..
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That's very positive thoughts smile.gif However there are too few similarities between last gen and this gen in terms of competition and market conditions.

I'm a pessimist, the way I'm seeing it is the PS3 draws some similarities with the 3DO. Of course it won't be as bad, but the trend is just there.

Just some thoughts, no pun intended. I'm a happy PSWii60 owner, so I hope all will do well tongue.gif


gundamalpha
post Oct 8 2008, 01:59 PM

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QUOTE(komputer @ Oct 8 2008, 01:35 PM)
Frankly, the no one will complain about the $399 price tag if the PS3 is able to play pirated games.
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Those who are complaining the price tag most are the parents and those gamers who are not into high tech gadgets, like me (although I gave in for my gaming DNA). To be honest I do see a point in their complain. Pirates on the other hand stand a small portion in the gaming community.
gundamalpha
post Oct 8 2008, 02:12 PM

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QUOTE(acougan @ Oct 8 2008, 02:06 PM)
the US economy is jacked.

both XBOX and PS divisions and all HDTV companies will go bankrupt  cry.gif

Wii will sell at USD99 (comes with free NDSL) in 2009. US economy will be saved by Nintendo notworthy.gif
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Everyone here is trying to stick with the price tag argument here trying to avoid another unnecessary console war (although that might be lightning's intention biggrin.gif ) blush.gif

PS: Not saying that you are wrong smile.gif

This post has been edited by gundamalpha: Oct 8 2008, 02:13 PM
gundamalpha
post Oct 8 2008, 03:16 PM

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QUOTE(lightning69 @ Oct 8 2008, 02:18 PM)
Can you read mind?
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Joking only mah biggrin.gif Although I am a L9 Newtype though, better evasion and accuracy, plus longer range attacks (poison playing Robot Wars Z)

Serious note, we won't know the real answer until someone can come up with a price elasticity data for consoles on current market conditions.

This post has been edited by gundamalpha: Oct 8 2008, 03:20 PM
gundamalpha
post Oct 8 2008, 03:49 PM

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Economics was my major back then biggrin.gif
gundamalpha
post Oct 8 2008, 04:32 PM

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QUOTE(Gahleon @ Oct 8 2008, 04:28 PM)
Good for you,My SRW Z still haven't arrive from playasia...
Shipped since Sep 25.
*
I used Fedex, cannot tahan so long for Robot Wars cool2.gif
gundamalpha
post Oct 8 2008, 06:20 PM

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QUOTE(esca_flo @ Oct 8 2008, 06:15 PM)
tak pe aku kaya , 399 usd too steep ?  kalau tk mampu jgn main game. senang cerita.
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Like I said before, it's not about affordability
gundamalpha
post Oct 9 2008, 03:24 PM

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QUOTE(Zeliard @ Oct 9 2008, 01:47 PM)
Ms has got tons and tons of $$ to spend, and they can afford not to earn from hardware sales. They have spent billions on RROD, especially on the extension of the 3-year warranty. They spend millions to pursue exclusives, and god knows how many millions to pay Sony for SE's breech of exclusivity. Heck, they even pay Rockstar 50m just for DLC.
For each Xboxes sold, MS lost $126.

Fact of life, not to flame any fanboys.

And they say money isn't everything.......
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I can't see the point of your argument here.. It has nothing to do with PS3's price perceived as being too steep.
gundamalpha
post Oct 9 2008, 04:56 PM

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The last time I checked, MS are selling their consoles close to break even after taking in the replacement into consideration. And all those money paid for developers? There's no evidence suggesting this except in GTA4's case, the rest are just rumors.

And the whole point of the thread isn't XBox 360 vs PS3 to begin with, it's the perception of the $399 price tag as being steep. And majorities of those perceiving this way aren't you and me, or many other gamers who have bought one, they are the parents and non high tech gadget savvy gamers.
gundamalpha
post Oct 9 2008, 05:57 PM

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I can't argue with you on the piracy issues in Malaysia more, that's a sad reality. But you have to look beyond the Malaysian community in terms of the price issue. Even if all those who are interested in getting a PS3 added up in our country, how many would that be? Our market is quite insignificant to be honest.

I have come across many foreign gamers who say nay to PS3 because of the price, games issues aside. And in foreign countries, parents do have a big say in this industry believe it or not. I do believe most of those who have the knowledge and interest have been captured, those who haven't decided yet are the main targets for this analysis. And no surprise for those who haven't bought one won't be interested until further price drop is announced.
gundamalpha
post Oct 12 2008, 01:24 PM

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QUOTE(Zeliard @ Oct 12 2008, 12:28 PM)
"Also, i doubt MS really throw big money at developer for game defections, reasons-----"

1. US50 million was given to Rockstar for 360DLC

2. SCEA president Jack Tretton said Sony will not pursue exclusivity. "We don't buy exclusivity. We don't fund development. We don't, for lack of a better term, bribe somebody to only do a game on our platform. We earn it."
http://kotaku.com/gaming/gag-order/scea-pr...vity-274862.php

3. M$ paid Sony for SE's breech of exclusivity. The article was published in Kotaku, but was very quickly taken down.

4. Capcom's statement. "Exclusives are driven by gameplay functionality and cost. If you get your gameplay functionality and costs right, exclusivity can work."
http://kotaku.com/gaming/notag/capcom-stil...ives-331554.php
There are many many others around, do google for it. I came across many articles before.
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1. It was announced, it's fact.
2. He can say whatever he wants.
3. If it was fact, why was it taken down?
4. They are saying they have better budget allocation and understanding each console's strength and capabilities than its competitor.

I'm not trying to defend anyone nor opposing anyone, but unless statements were made like in point 1, anything else are base on assumptions and interpretations. Honestly, if MS really did pay for those exclusivity, then they are doing it for the good of their customers. Sony could have done the same for the PS3 owners, anything they said only reflects they are unwilling to spend more for the good of their customers.

"We don't buy exclusivity. We don't fund development. We don't, for lack of a better term, bribe somebody to only do a game on our platform. We earn it." The way I see this statement is "We won't spend for exclusivity. We care for our profitability only. If someone else want to buy exclusivity then go ahead, we are not going to spend to improve our situation as we have enough fan base. Consumers are oblige to buy our stuff."

I repeat, I'm not biased. If that's the way Sony wants to market their products so be it. At the end of the day if they could get the right amount of games for PS3 I'd still buy it (which I already did). MS on the other hand, if they want to spend money to expand their sales, I couldn't see anything wrong with it either. Competition only benefits consumers in the end, unless one company bought over another to kill off the competition by being the single console manufacturer.

This post has been edited by gundamalpha: Oct 12 2008, 01:25 PM

 

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