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Posts tagged price drop

European price cut leaked by SCEAu Managing Director?

We know an announcement is coming from SCEE this Thursday that is "related to the US price cut", but SmartHouse News claim that they already have the scoop. Michael Ephraim, Managing Director of Sony Computer Entertainment Australia has reportedly confirmed that PAL regions will be seeing a price...

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Analysts expecting a Xbox 360 price cut

If you didn't already know, today Sony announced that they've trimmed the fat on their Playsation 3 by dropping the price by $100. Surprising isn't it? Now the obvious question is whether Microsoft will retaliate with a price cut of their own or keep things the way they are. Industry analyst Michael...

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Target store sells PS3 at $499

We've spent the last hour on the phone calling up random Target stores around the continental United States to nail this story down. What we can say at this point is that certain Target stores do currently have the $499 price on the PS3 (Item# 207230001). Beyond confirmation at these stores, in one...

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60GB PS3 sold at Target for $499.99 [UPDATE]

Has the price cut already been put into effect? Potentially, yes. One of our readers has let us know that he was able to get his hands on a 60GB PS3 for no more than $499.99 at a Target today. In our attempts to verify this we called the store he bought it from. They confirmed that the 60GB PS3...

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Sony president says no 'immediate plans' for PS3 price cut

We're not calling Sony President Ryoji Chubachi a liar when he says there are no current plans to lower the PlayStation 3 price. It's only fair we don't, as we're still calling Sony's PS3 price drop a "rumor." A rumor that we're starting to get so much anecdotal information, off-the-record and...

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Behind the price cut: The long, strange saga of the $599 PS3

If the recently rumored $100 price cut for the PS3 turns out to be true, it will end the era of one of the most controversial pricing moves in the history of consumer electronics. The writing was on the wall early on, with former SCE President Ken Kutaragi hinting way back in July 2005 that he hoped...

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Microsoft contemplates a 360 price cut

In an interview with Bloomberg, Peter Moore and others discuss the Xbox 360 demographic, how they want to target moms and their kids, and hint at a possible 360 price cut. "If we don't make that move, make it early and expand our demographic, we will wind up in the same place as with Xbox 1" Moore...

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Sony president says PS3 price drop is 'possibility'

Sony president Ryoji Chubachi, in what's apparently a translated statement from Japanese daily Yomiui Shimbun, said the company "does not rule out the possibility of lowering the price" of the PS3. This statement could easily be followed by a "duh" from the audience, anything is a "possibility."...

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Analyst: Price cut could do more harm than good

Michael L. Savner, an analyst for the Bank of America, has made it clear that he sees Sony's current position as a lose-lose scenario. While the rumoured $100 price drop would be welcome, Savner argues that it could be too little too late. The Xbox 360 would still be cheaper and the drop in price...

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UK PSP sales rise 60% after price drop

Remember the UK PSP price drop? Or Amazon and Play.com's insistance on cutting another ten pounds off the cost? Well apparently it worked. Pocket Gamer has revealed that Sony are reporting a 60% increase in sales during the first weekend of the PSP wearing its new, slimmer price tag. As Pocket...

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