Rumor: PS3 Price Cut and PS3 Slim at GamesCom on August 18?

100°
245w ago - According to Belgium site RTLinfo, Sony has been briefing retailers of an imminent €100 (£85) price cut on the 80GB PS3.

The rumors follow the news that Sony is informing Japanese retailers that the 80GB PS3 model will not be shipping after August 8th, while Sony has cut the cost of its 160GB PlayStation 3 bundle from Amazon by $50.

To quote: "Sony are looking to make a big splash at GamesCom, so it we'll see big hardware and software news coming out of their Press Conference," said Associate Editor of PSM3, Andy Hartup.

"There's little doubt PS3 Slim will happen at some point - PSone and PS2 went through the same treatments - and GamesCom seems like a prime time to unveil it. I wouldn't bet against a PS3 Slim / Uncharted 2 bundle appearing this October."
 

Rumor: French Web site Reports a PS3 Price Cut and New Model

250°
246w ago - Popular French Web site JeuxVideo (linked above) is reporting that they have received confirmation of a PS3 price cut to 299 Euros in early September.

Additionally, they have reaffirmed the rumor from two days ago in stating that a new, cheaper PS3 model (likely the long-awaited PS3 Slim) will be announced at Sony's Gamescom press conference held in Cologne on August 18, 2009.

To quote, roughly translated: For many months that the most fanciful rumors circulating on the net about a price drop of the PlayStation 3.

But this time it seems to be confirmed as contacted by us, some wholesalers say that the price of the console Sony will soon drop. And even better, since we can announce that a new version of the console that goes out!

The official announcement of the new cheaper version of the PS3 would be made at the press conference that the Japanese giant held in Cologne at the gamescom Tuesday 18 August at 18h French time, we will cover the show and of course We also...
 

Pachter: PS3 Price Cut by October if Console Sales Keep Crashing

250°
249w ago - Wedbush Morgan analyst Michael Pachter has predicted that Sony will cut PS3's price before October 1, 2009 if US hardware sales continue to slide.

Speaking in a note today, Pachter estimated that US Wii, 360 and PS3 sales will show a year-on-year decline of 43 percent for June.

To quote: "We think that the console manufacturers will therefore be forced to consider a price cut before year-end, with Sony cutting the PS3's price by October 1," he said.

"Further, we do not think that Nintendo's hardware forecast figures are achievable without a price cut, and we expect one around the same time as the PS3 price cut.

"It is likely both manufacturers will cut by $50, with Sony making up any lack of increased demand with a software bundle.

"We expect Microsoft to follow suit, giving us confidence that US software sales will grow later in the year, notwithstanding negative sales in the early part of the year."

Pachter predicted sales of 350,000 Wii, 225,000 Xbox 360 and 165,000 PS3 consoles in June today. The June NPD releases this Thursday.
 

SCEA President on Price Cut: PlayStation 2.5 for $299, Not PS3

200°
249w ago - During a recent interview, President of Sony Computer Entertainment America Jack Tretton reinforced Sony CEO Howard Stringer's views on a PS3 price cut.

To quote: "We could've come out with a PlayStation 2.5 for $299 or less, and in the first two or three years it would sell extremely well," he explains.

"But there would be a point where people would be going, 'I am not really seeing the incremental leap.'"

"People are having short-term thinking–the platform is not even three years old," Tretton adds. "It was $599; it's now $399." He goes on to say that Sony isn't planning to snare all customers in day one, but over a ten year period.
 

Sony CEO Howard Stringer Scoffs at PS3 Price Cut Rumors

250°
249w ago - Despite top industry sources reporting that a PS3 price drop is coming, Sony's CEO Howard Stringer continues to brush brushed off concerns that the PlayStation 3 video game console is too expensive.

To quote: Stringer described recent comments about PlayStation's price by Robert Kotick, the CEO of video game publisher Activision Blizzard Inc, as standard business tactics.

"He likes to make a lot of noise," Stringer said, when asked about the comments. "He's putting pressure on me and I'm putting pressure on him. That's the nature of business."

Last month, Kotick told the Times of London that Activision might cease developing games for the PlayStation if Sony did not cut the price of the console, which competes with Microsoft Corp's Xbox and Nintendo Co Ltd's Wii.

"When we look at 2010 and 2011, we might want to consider if we support the console," Kotick had said.

Asked about the logic of not cutting prices, Stringer said, "I (would) lose money on every PlayStation I make - how's that for logic."
 







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