No Christmas PS3 Price Cut
October 14, 2008 | by Christopher Nickson
Sony president has admitted that it has no plans to cut its PS3 price for the holidays, saying "I think we have a very good value proposition."
If you’ve been looking longingly at the PS3 and hoping the price might fall before Christmas, you’re out of luck. Kazuo Hirai, president and group chief executive of Sony Computer Entertainment, told the Financial Times:
"The answer is yes, if you're asking, 'Are these the prices we're going with this Christmas?'"
Currently the PS3 is far more expensive than its rival, with a Wii console going for around $250, and even the most expensive Xbox 360 with a 120GB hard drive running the same as the PS3. The cheapest Xbox 360, the Arcade, is just $199.
The PS3, of course, includes a Blu-ray player.
"When you really compare apples to apples, then I think we have a very good value proposition," said Hirai.
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lix on Oct 14th, 2008 at 7:11 AM:
Of course they will maintain that there will be NO price cut. Who in there right mind would say, "yes, we are going to cut the price oooo I dunno, around Christmas time...."
What would happen then? Everyone would wait until that price cut came so no one would buy a PS3 until then. But with Sony maintaining that there will be NO price cut, then people will continue shopping per normal.
They will cut the price, they have to compete with the 360, LBP and R2 just aren't big enough to sell a conosle double the price of the standard 360. Forget about the other stuff, online and jazz, just get down to the games for now.