241w ago - According to an internal 'proven' source of French Web site PS3Gen.fr, it's been unofficially confirmed that both the PS3 and PSP will receive price drops in early June.
This would obviously correspond with E3, which is scheduled to run between June 2 and June 4.
To quote: Although the source didn't reveal the new price for the PS3, it did provide the new price point for the handheld: 169 Euros, down from 189.
Of course, even if accurate, this information may only apply to the European/PAL regions, but we find it hard to believe that Sony wouldn't have this pair of price cuts spread worldwide. Additionally, the mystery source confirmed the existence of the much-rumored PSP 2, which should be available for the end of the year.
We've already received many pieces of evidence for a new PSP model; either the PSP-4000 or a PSP 2, and that includes the theory that it will be designed to compete with the iPhone. It sounds plausible, but with nothing concrete to solidify the claims, we still can't call it anything but "rumor and speculation."
And if you don't already know, Sony's business policy has always been the same: they simply don't comment on rumor and speculation.
244w ago - Now that it's in a price-cutting mood, analysts tracking Sony Corp. (SNE) say the company is more likely than ever before to lower the price of its flagship PlayStation 3 videogame system sometime this year.
To quote: Sony's computer entertainment division announced Tuesday it will lower the price of its PlayStation 2 console to $99.99. The PS2 was released in 2000.
Sony hopes the 23% price cut, which takes effect Wednesday, will sustain the life of the PS2, which it says has sold more than 136 million units worldwide since its launch.
Critics contend Sony now needs to lower its PS3 prices for a number of reasons, starting with staying competitive with Microsoft Corp. (MSFT), which saw sales of its Xbox 360 jump after lowering the price and bundling the system with games in early September.
PS3 price-cut pressure increased in December, when analysts said Sony might not reach its goal of selling 10 million PS3 consoles through March without a price reduction, as sales for the hardware dropped despite gains by competitors. March videogame console sales results won't be available for another two weeks, a Sony spokesman said.
246w ago - Most likely the PS3 will get a price cut very soon. It is the common sense thing to do if you are Sony.
So the question really shouldn't be when? Rather it should be, will the price cut even matter?
For three years now the PS3 has been unable to sustain any momentum that it has gathered from time to time. While there are many contributing factors for Sony's tough outing this generation, the one main factor everyone agrees on is price.
So here we are amidst rumors that a PS3 price drop is imminent. The buzz has been there for a while, but now the slight hum is a pounding noise. Game developers have started to speak out publicly for a PS3 price cut. Sony has been firm and unflinching in denying all rumors.
Price cut or not the PS3 would still be the highest priced of the 3 consoles. And to the parents of eager kids everywhere, the lower price Wii and 360 are a more appropriate choice given the economic conditions that every family is starting to face.
Sure the PS3's cheapest model is a better value than the Xbox 360's basic model. But to most consumers this is unknown. We gamers at times tend to forget that not all consumers know the latest gaming news. The...
255w ago - Well known gaming industry analyst Michael Pachter believes that Sony will drop the price of the PlayStation 3 to $299 this April.
Pacther also indicated that Microsoft may further lower its price on the XBox 360.
To quote: Pachter, however, believes the $399 price point will finally come down to $299 in just a few months. Microsoft is likely to drop its price on the 360 as well.
"Once the PS3 is at a more affordable price point (we expect a cut to $299 in April), we think that sales of that device will once again begin to grow. We expect another cut in price for the Xbox 360, with the feature-laden Pro model likely to come down in price to $249 at or before this year's E3 show in June.
We expect Nintendo to maintain Wii pricing at $249 until the company sees signs that demand is slowing, which means a price cut may not happen until late in the year, if at all," Pachter said.
269w ago - The Financial Times is reporting that Kazuo Hirai "has ruled out cutting the price of the PlayStation 3 console before Christmas, insisting that the PS3 is better value than rivals half its price."
To quote: Mr Hirai argues that the basic Xbox has no hard disk drive while the PS3 plays high-definition Blu-Ray movies as standard. "When you really compare apples to apples, then I think we have a very good value proposition," he said.
"The answer is yes, if you're asking, 'Are these the prices we're going with this Christmas?'" said Kazuo Hirai, president and group chief executive of Sony Computer Entertainment, in an interview with the Financial Times.