Tecmo kindly asks for a PS3 price cut

Wow, Sony must be really feeling it from all sides. Of course consumers want a price cut, but now developers are itching for one, too. From Sony's side of things, they can't afford to cut it. They lose even more money on each system if they do so. This is a dilly of a pickle.

When you think about all that you are getting, $400 is not that much money. Plus, this generation of consoles is expected to last longer than any other, so you will definitely get a solid return on your investment.

It still baffles me that people will drop $400 on a new phone, or a similarly absurd amount on a device that lets you read books (a.k.a. Kindle) but they won't pay $400 for a powerful gaming system - that does MORE than just play games.

If people look at the real cost of the other systems, they really aren't that different.

sony rep said @ playstation blog:

"We have plans for a price cut but not in the near future. Near future as in during the summer. We want consumers to look at our product and not ignore it due to the price. We feel the price cut we have in mind is very reasonable and will continue to move us forward. The PlayStation 3 console is a wonderful machine and we want as many people as possible to own one."

I only paid 400 (with shipping) for a 40g + a new 400g hdd. The problem is that people think walmart and bestbuy are the only options. No one looks for deals or anything but the sticker price.

People really make no sense at all

To every developer: Please lower your games to $50. Kthxbai

I totally agree with the first two posters, and the way I see it, the PS3 is my ticket out of PC upgrades. I've totally stopped PC gaming in favor of the PS3, which is not only more enjoyable (huge TV, nice surround sound system, relaxing on the couch, etc.), but much, much more affordable. I don't understand how some gamers can spend 2k every year or so on a totally new computer so they can play the latest games, yet so many people are complaining about the price of the PS3. As Nick pointed out, you get far more for your money because this system will last for a long time, probably at least a decade of use if not longer.

Plus, it's a blu-ray player, and one that receives upgrades to functionality periodically as well! (Please upgrade to DTS-MA, Sony!) I mean, seriously, $400 is a steal for what this thing does. I know that's still a lot of money, but honestly, I respect Sony for putting out such top-quality products, and they deserve what they charge for it. At least with the PS3, I don't feel like they're asking too much for what I'm getting. The PSP Go, on the other hand, is an entirely different story...

I miss the days of $49.99 video games. Anyhow, the price cut is definitely coming but I don't understand the logic of "we want as many people as possible to own a PS3" yet they keep the price still incredibly high when compared to its competitors. I'll still give credit to the SCE execs since they know a hell of a lot more about the industry than I do, but I can't imagine a price cut would hurt them badly.

Dear Tecmo,

Stop making crap games and charging us $60 for them.

Love,

Your Customers

I'm sure Sony is waiting to drop the PS3 price this holiday season (and may even offer God of War III in a bundle).

Maybe Sony can make a deal with them - Sony drops the price of their console, and the developers give Sony the extra money it loses per console made.

Well, here in Norway, new games for consoles costs 90$... And there is no rental service here, so it's either buy or not. And 90$ is too much for a few hours of entertainment. In contrast, a PS3 is a one-time investment lasting for many years, with lot's of features, games are just games. So developers can shut up about prices thank you. I have a PS3, but I don't have the money for more games.

And Sony can't cut the price when everybody else want to.. They are already loosing much money, and they can't slice the price before they are ready. I believe that Sony knows their economy better than us.
Slice the price on games, then we'll talk.

Maybe if they offered DOA, to push sony to lower the price.

Tecmo SKU bundle confirmed!!

i already have a ps3, so do alot of other people. a price cut would be good but if they put out games that are worth getting they could get sales from the current owners. i'm digging what i see of Quantum so far, sigma 2 is not really my thing but others like it.

I think Sony should reply "Stop Charging 60 For A Disc". Those software Developers Make there money and then some.

why did the editor say the both the 2 ps3 exclusives will be coming out this year? have you seen quantum? it's pretty sick, and on ign.com and i think i saw someone talking to the tecmo representative and said that game is set for release on christmas 2010. Home is broadening up with more accessories and clothes and spaces. the day of e3, the did an expansion at the ps store offering more shows, networks, anime, movies, and games. and speaking of games, ff7 was released on the day of e3. the final fantasy series goes up to 9 on the ps1, then 10 on the ps2. tomb raider goes up to 3 on the ps1, so there's quite a few games yet to be released at the ps store. unlike xbox's 120 gig harddive for 100 bucks which was selling for 200, no built in wi-fi, everything except wanting an extra controller, longer usb cord, or a bigger hard drive for the future maybe, you get just as much stuff as you would x box. i know youv'e heard this one, "x box game look better on their system over the ps3," well online, i've read somewhere that they programmers start with the xbox system first, then port it over the ps3. if you look at exclusives games you might see a diffrence. heavenly sword came out i think early in 2007 i think and i think that was considered a first generation ps3 title. if they follow up with that game that has just as much potential as the gow series. her's a second one, the xbox gets a lot of exclusives, well i have to give them credit for that, but the ps3 exclusives are coming. i think if you lower the price tag signifacantly, you'll comprimise all that.

Why exactly is a price cut so nessacary for the PS3? The 80GB is 399, same as Xbox 360 Elite.

The thing is, I don't think lowering the cost by $50 is enough to really make an impact on sales. They'll have to wait until they can lower the price with $100 which probably won't happen this year.

I understand the need for a price cut. But not specifically for a lame cookie cutter fps and a fake exclusive of ninja gaiden 2. Seriously they should be happy if they even make a profit on those.

I think everyone wants a price cut including Sony, but because of financial reasons they can't do it. It's a catch 22. Sony needs the price cut to spur sales, but in doing so hurts their bottom line right now.