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

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TSlightning69
post Oct 8 2008, 10:17 AM, updated 18y ago

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Quote:

"EEDAR's Jesse Divnich believes consumers have been waiting for a PS3 price cut and if they don't get it, they'll flock to Xbox 360 this holiday. Gears of War 2 is expected to top all software sales this holiday, said Divnich."

"The $399 price point is simply too steep to entice the casual and mainstream markets, regardless of how great Resistance 2 and LittleBigPlanet may be."

Source


TSlightning69
post Oct 8 2008, 02:18 PM

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QUOTE(gundamalpha @ Oct 8 2008, 02:12 PM)
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.gifblush.gif

PS: Not saying that you are wrong  smile.gif
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Can you read mind?
TSlightning69
post Oct 8 2008, 02:23 PM

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Expensive is a relative term. At USD399 for a all that the PS3 can do is relatively inexpensive. But when compare to the other consoles selling at half of that, then it becomes relatively more expensive.

I wish Sony the best come this holiday season because it won't be that jolly at all.
TSlightning69
post Oct 8 2008, 03:39 PM

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QUOTE(gundamalpha @ Oct 8 2008, 03:16 PM)
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.
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So i see you have taken a few economics classes...not bad.

 

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