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Sony thinking about no more PS3 price drops

Category: PlayStation 3, Posted: 02/26/2008 at 07:40PM CST by Tim Mellish, Staff Writer

ps3Pricing a console is never easy. Nothing is a better example of this than the PlayStation 3. With multiple SKUs and varying price ranges, to say the PlayStation 3's price has remained constant is a joke.

But if there was one constant of the PlayStation 3, it is that everyone agreed that its price should be lowered. With the Wii at $250 US and the Xbox 360 sitting comfortably around the $350 US mark, it didn't take a major in buisness to realize that if the PlayStation 3 wanted to compete, it had to lower its steep price tag.

So who would have thought, just after a year on the shelves that the PlayStation 3 would be outselling the Xbox 360 for the month of January (reliablity Microsoft, reliability), have an upcoming game library even Microsoft and Nintendo should be envious of, and have the PlayStation 3 coming packed with the winner of the hi-def DVD format war.

It seems crazy, but Sony has actually made the PlayStation 3 (for some) the console to own in 2008--for those looking for the most bang for their buck.

No one should be surprised to hear that Sony is now considering keeping the PlayStation 3 price exactly where it stands. The pressure to reduce the price is easing and it turns out that Sony is taking this as a hint to not lower prices again. If people are buying it now, why drop the price, they're thinking.

Props to you Sony. Sure, in the past you've made some weird decisions, but the new humble attitude is great, and we as gamers appreciate it. Keep the online free, the interests of us at the core of the PlayStation 3 strategy--and there is no doubt many more PS3s will be disappearing from store shelves in the months to come.

[Via Reuters]

Posted by YukoAsho on 02/26/2008 at 09:10PM

Agreed, after the weirdness that was the first half of 2007, Sony's really turned the ship around and is looking at a bright future in 2008.

Guess that Blu-Ray drive wasn't such a bad idea after all, huh?

Posted by The Hylden on 02/27/2008 at 07:23AM

$350 for Xbox 360 and $400 for a PS3 are still way, way too much for a gaming console for me, sorry. I'd really like to know who actually has the money to spend on that and $60 dollar games a pop...

Posted by ninjalegend on 02/27/2008 at 08:27AM

Me, Hylden. Don't get me wrong, I cant buy every game I want all the time. But compare the price of the system to other things. I pay $1100 a month for rent (and my place is not that nice), $80 for phone and DSL, and $290 for electric. How much do you pay to take your girlfriend/boyfriend out to dinner? Get my point?

Posted by Quasar on 02/27/2008 at 11:47AM

My friends often say that..."How can you spend so much on gaming?" To which I point out that they have "hobbies" that cost just as much or more...music CDs, DVD movies, movie rentals, going out to eat, pimping out their car, clothes, photography, etc. But the point about not being able to buy all the games is still valid which is one major reason why I subscribe to GameFly. The subscription pays for itself in just a couple of months by saving you money in not having to buy the games.

Posted by YukoAsho on 02/27/2008 at 07:39PM

ninjalegend has a point. Everything of value costs money. And a good game gives you as much, if more, value than spending the same $60 (or more!) on dinner and a movie.

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