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PS3 price drop to $500 starting next week?

DVDBack23 @ Jul 06, 2007 18:37 | 48 comments

According to Kotaku and DVD Talk, it seems the PlayStation 3 will be getting a much talked about but not anticipated price drop.

Members of DVD Talk acquired a flyer from the large retailer Circuit City which showed that beginning July 12th, the PS3 would be listed at $499.99 USD after a $100 "price break."

Although it is not completely known whether the sale price is specific to Circuit City, a merchandising manager for Sony supposedly confirmed that the price drop was coming on July 12th, with promotion beginning on July 15th.

Many now believe that Sony will officially announce the price drop at their E3 press conference on July 11th.

The price drop has been rumored for a few months now, with heads of Sony fueling the rumors. Last month Sony president Ryoji Chubachi told the Financial Times “We are re-examining our [PS3] budgeting process in terms of pricing and volume. Sales assumptions change and the market is competitive. We are in the midst of revisiting our strategy for the PS3.”

Sony CEO Howard Stringer also said this month that the company was looking to "refine" the price.

We will wait and see and keep you updated on any developments.

Source:

Dailytech

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Comments

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Comment by: samshizze (Jul 07, 2007 18:43)

interlaced and Progressive scan -

Kinda confusing but Progressive provides a better picture cause it conveys all of the lines of resolution sequentially in a single pass, while interlaced does the odd lines first followed by the evens.

Comment by: vinny13 (Jul 07, 2007 18:56)

Originally posted by samshizze:
interlaced and Progressive scan -

Kinda confusing but Progressive provides a better picture cause it conveys all of the lines of resolution sequentially in a single pass, while interlaced does the odd lines first followed by the evens.

Well then, I guess it's time for a new TV.

Comment by: NexGen76 (Jul 07, 2007 19:39)

No matter how 360fanboys try to down play this,There has been nothing but positives coming from this.Far as seeing a price drop from Microsoft i won't hold my breath not soon maybe later. Xbox 360 repairs will cost them 1 billion dollars also on top of that Microsoft has reported 317 millon dollars loss last QT in there gaming department & also Microsoft misses 12 million Xbox 360 shipment target worldwide this is the third time there they had to adjust it.If this price drop is true then it was great timing from Sony.

Comment by: DXR88 (Jul 07, 2007 20:18)

and no mater how many Sony fanboys try to upplay this im still waiting for good games period.

Comment by: djeazyg (Jul 07, 2007 20:34)

People are goofy. You 360 fans have strange views.

You say the PS3 is too expensive. But you’re willing to pay $400 for a 360 now and $400 for a 360 later when it dies just after its first birthday. Then in a couple years you going to go out and spend $500 or more for whatever the new Xbox might be. All this time you could be playing the PS3 for $600 and nothing more. You honestly think games that are made for the “new” Xbox won't be made for PS3? You’re crazy. Games that are made for the PS3 and 360 are still being made for the PS2.
This is all really silly. PS3 isn’t going down no matter how much all you 360 fans want it to. Same goes for the PS3 fans. 360 isn’t going down no matter how much you want to.

Enjoy the battle and reap the rewards. Quit whining about price.

Just s side note………. The lineup of games for the 360 after 2 years isn’t really all that impressive. Except Gears of War what do you really have? After 2 years!!!!!!

Comment by: casemodd (Jul 07, 2007 21:02)

Sounds great to me :) 500 for a ps3,Blu-ray player,5 free movies what a deal. I will be waiting outside the store the day it begins :)

Comment by: vinny13 (Jul 08, 2007 02:01)

Originally posted by DXR88:
and no mater how many Sony fanboys try to upplay this im still waiting for good games period.

Stupid M$ Douche. I speek on behalf of the people who hate 360 fanboys.

Now I understand that under these circumstances that you have to be diehard to be a Sony fanboy, but what's the point of ripping on something positive? It's very annoying. Sure the Xbox is the biggest seller at the moment(I think), but 30%(some say maybe even higher) of those were defective, where as the PS3 and Wii were like 2-4% defective. Big difference.

At least now their paying for it out of their own pocket.

Comment by: DXR88 (Jul 08, 2007 02:48)

Ah Now we result to name calling So now what. who said i was a fan boy of 360 and who ever said sony was going down. Listin No GOOD GAMES SO IM STILL WAITING. it may take sony two years
Too catch up but intill then. im going to wait Iv had both consoles xbox ps2 and a game cube. I now own a xbox360 and an wii So go stuuff you face you hipocryte.

Comment by: oofRome (Jul 08, 2007 12:29)

What a cute little conversation this has turned out to be.,,

Comment by: vinny13 (Jul 08, 2007 12:40)

Originally posted by DXR88:
Ah Now we result to name calling So now what. who said i was a fan boy of 360 and who ever said sony was going down. Listin No GOOD GAMES SO IM STILL WAITING. it may take sony two years
Too catch up but intill then. im going to wait Iv had both consoles xbox ps2 and a game cube. I now own a xbox360 and an wii So go stuuff you face you hipocryte.

Your big now lol

Comment by: vinny13 (Jul 08, 2007 12:51)

Originally posted by oofRome:
What a cute little conversation this has turned out to be.,,

It can never be,"Oh that's good!" and so on. There's always people with no lives to rip on positive things.

Comment by: hughjars (Jul 08, 2007 13:36)

Originally posted by vinny13:
What's the difference between 1080i and 1080p?

- Well, despite the partial claims and misleading innuendo of some, if you haven't got a 1080p set, absolutely nothing.

.....and if you have a 1080i set with a resolution of 1920x1080 it'll not make a hill of beans difference either (as flat panel TVs display progressively anyways).

Comment by: samshizze (Jul 08, 2007 14:41)

Quote:
Originally posted by vinny13:
What's the difference between 1080i and 1080p?

- Well, despite the partial claims and misleading innuendo of some, if you haven't got a 1080p set, absolutely nothing.

.....and if you have a 1080i set with a resolution of 1920x1080 it'll not make a hill of beans difference either (as flat panel TVs display progressively anyways).


Yea there really arent that many sets that support 1080p yet. But it just shows that Sony is prepared for the future. Look at how many people have HDTV's now compared to a couple years ago.

Comment by: DXR88 (Jul 08, 2007 22:27)

ah..Whatever you say..

Comment by: ZippyDSM (Jul 08, 2007 23:06)

I am sorry the PS3 is a bloated media machine thats on the path the Saturn took,because most devs are leaving the PS3 to code for the WII that follows the PSX/PS2s cheap to produce games for setup,the PS3 is on life support,much like the PSP the PS3 is poorly marketed has even worse price points, MS recently ate some of the poo they dished out to consumers its time Sony started to naw on the anal cake they haded out from PS3 day 1.

I am realist and a bit inane(or insane..),the PS3 can do well but the system needs to be in the 450$ range to more appealing to the masses if the masses buy in so will devs ,as it stands now the PS3 is a media machine and overlooked as a game machine.

Spin the numbers anyway you want I don't care this bloated beast needs some downsizing as well a doubling of effort on tech support and dev kits to devs,remember the Saturn was snubbed because of lack of support for its 6 "CPU" monster,sony has been a arrogant fool they will have a couple chances to fix it before it goes into that dark night the brand power alone might give them 3.

Unlike the PSP thats on its last legs and in need of a revitalization (12-14$ re released "greatest hits" games,UDM movies set to 9.99,DVDs sold with UMD movies for 1$ more, they want to make UMD they'll have to work for it and so far they are not) the PS3 only needs a price drop the lower the better they will never patch the damage done if they cling to the high price, they will have to lose 2 or 3 more billion in order to build the PS3 up selling the damn thing for 399 would place it int eh fight and not gather dust on the shelf, if they cling to a price of over 450,they are putting the brand in jeopardy...

PS:I am a fan boy of gaming, "New hollywood" less so.
(grammar FTW!? LOLZ )

Comment by: DXR88 (Jul 09, 2007 14:12)

Thanks ZIppyDSM couldnt said it better myself..

Comment by: ZippyDSM (Jul 09, 2007 14:33)

Originally posted by DXR88:
Thanks ZIppyDSM couldnt said it better myself..

grammar panws me ><

anyway Sony is acting like MS and we don't need 2 systems to steal PC games and be elitist machines, one needs to change itself,I think the 360 is more or less golden sure the fail rate is insane but thats being fixed its still a niche market as far as games go at least IMO, the PS3 really needs to get acquainted with humbleness(better dev support,cheaper prices for consumers) if it stays on this destructive arrongat path it will fail.

Comment by: DXR88 (Jul 09, 2007 16:29)

Yes true. i agree both company needs to step it up to the consumers.
some how microsofts falure rates dont suprise me. luky me i had my Xbox 360 3 years no problims yet. Equsion microsoft=Rushing any thing they make. Oh my grammers no bettter.. ^~^

Comment by: borhan9 (Jul 10, 2007 00:45)

This is music to peoples ears but i will belive it when i see it :P

Comment by: ZippyDSM (Jul 10, 2007 01:03)

Originally posted by DXR88:
Yes true. i agree both company needs to step it up to the consumers.
some how microsofts falure rates dont suprise me. luky me i had my Xbox 360 3 years no problims yet. Equsion microsoft=Rushing any thing they make. Oh my grammers no bettter.. ^~^

MS would have been better off giving it 6 more months revising the heatsinks/fans and changing back to a better BWC chip set >>
if they did that they could have had HDMI from day 1,but I guess MS is doing ti computer upgrade style...only you have to buy the whole new thing, sony mindlessly goign with a uber elitist media machine dose not help them any...despite the WII being a bit dated its making up for itself with style and a bit of substance,Nin could do worlds good for itself and go with a full config setup so you can play games they way you want with any input device(pad,mote,GC pad,ect)...

Comment by: shazbot3 (Jul 12, 2007 10:51)

I'll stick with our Wii. Half the NEW price of the PS III, and IMHO, much better quality, more player-friendly, family-oriented and easier for us old farts to learn :)

Comment by: grimreapa (Jul 13, 2007 00:34)

Well all of you PS3 haters out there need to chill. Xbox is 400 and 50 dollars a year for x box live no blue ray but an optional hd dvd player for 200 no hdmi for hi def small hard drive. But you can go out and buy the new xbox for 480 plus 50 for xbox live thats 530 you spending just as much as a ps3 when it comes down to it and defective at that. Come on 1 billion dollars of problems not worth my time. All the new games coming out for ps3 are mostly 1080p games for xbox 1080i. PS3 will outsell xbox shortly. All the games are coming out soon xbox didnt have much of a selection when it came out and still has maybe 5 good games. PS3 rocks

Comment by: ZippyDSM (Jul 13, 2007 00:46)

Originally posted by grimreapa:
Well all of you PS3 haters out there need to chill. Xbox is 400 and 50 dollars a year for x box live no blue ray but an optional hd dvd player for 200 no hdmi for hi def small hard drive. But you can go out and buy the new xbox for 480 plus 50 for xbox live thats 530 you spending just as much as a ps3 when it comes down to it and defective at that. Come on 1 billion dollars of problems not worth my time. All the new games coming out for ps3 are mostly 1080p games for xbox 1080i. PS3 will outsell xbox shortly. All the games are coming out soon xbox didnt have much of a selection when it came out and still has maybe 5 good games. PS3 rocks


====================================
==========================
And because of the price and architecture its goign to take twice as long for the PS3 to get where the Xbox was 2-3 years after launch,add to it the game industry is not interested in going over what can be put on a DVD9 add to it high price=slow sales, slow sales= lost interest from devs,so like the Xbox was a "niche within a niche" in its life span so will the PS3 be a niche within a niche for at least 4 years.

Comment by: johnblaze (Jul 13, 2007 08:59)

Looks like the 60GB is on the way out:

http://www.gamesindustry.biz/content_page.php?aid=26704

Quote:

SCEE president David Reeves has told GamesIndustry.biz that the 60GB PlayStation 3 will no longer be available in the US after stock sells out - which he predicts will occur by the end of the month.

Reeves was speaking at an E3 event to announce the introduction of a new PS3 bundle in Europe. When asked about possible criticisms over whether SCEE should have given consumers the option to pay a lower price, as SCEA has done, he replied, "Well, they're not really are they, because what the US are offering from the 1st of August is a USD 599 version with one game.

"All they're doing is taking their stock in trade that they've got at the moment of the 60GB model, marking the price down and it will all be gone by the end of July."

When asked to clarify if this will mean the end of the 60GB model, Reeves answered, "In America, yes."

SCEA announced a USD 100 price cut for PlayStation 3 earlier this week. A new 80GB model will come bundled with a copy of Motorstorm and will retail for USD 599.


Comment by: shazbot3 (Jul 13, 2007 09:03)

Ahhhsoooo...Sony strikes AGAIN with the ulterior motives.....Like I said-Wii ALL THE WAY!!!!!!!!!!!!!!!

   

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