Draven

I was going to put this in the main PS3 thread, but I thought it deserved it's own thread.

I work for a television station here in town, and they reported today that Sony is cutting the price of the PS3 "by 35%" bringing it down to $450. I've managed to find this article on the wire...which is where we got it from:

SONY HAS CUT THE PRICE OF IT'S PLAYSTATION 3 GAME SYSTEM BY A LITTLE MORE THAN A THIRD. THE PRICE OF A PLAYSTATION 3 WILL DROP TO JUST UNDER 450-DOLLARS. PLAYSTATION 3 LAGS BEHIND MICROSOFT'S X-BOX 360 AND NINTENDO'S WII IN THE HOT VIDEOGAME MARKET.

But I found this article on Business Week, which I'm 99.999999999% is the information they are basing this on. Cutting the production costs, but not the consumer price.

The newsroom got it off the feed, it's a national segment they repackage for smaller markets. But I told them I think they are wrong.

I'm not crazy, am I? I didn't see price cut info ANYWHERE on the blogs, and I figured it would be the top story everywhere. Plus...the whole "cutting costs by 35% to make it $450" doesn't make any sense either.

I'm wondering if this is going to pop up in other places.

TheMadMonk

That is production cost that has dropped.
If it still costs $499, a 35% price drop would take it down to $324.35.

Chew

There was an article just like the Business Week one on ps3fanboy last week that essentially said the same thing: production costs have fallen and it now costs Sony about $450 to make a system they sell for $400. No price drop is expected any time soon.

Draven

That's what I told everyone, and they looked at me like I was crazy, since this is a national story they are sending out everywhere.

They ended up dropping the story altogether because it was pretty short, but I think this is going to turn up.

The Bus

They'd be idiots to not cut the price in 2009. When and how much is anyone's guess.

mh4268

I agree, I got one with the 30% live.com deal for about 280. It should be 300 and 400 for the bigger hard drive.