Posted on September 7, 2007,

Analyst Prediction of $399 for an 80 GB PS3 by April 2008

ps3-small.JPGThere would be quite the incentive for Sony to drop the price of their console by $200. Everyone would want one.

But is it going to happen by April of next year? What a difference seven months makes.

“We think that Sony’s recent announcement of an IPO for its financial services unit (with an estimated $3 billion in proceeds) could forebode another PS3 price cut early next year,” Michael Pachter, Analyst with Wedbush Morgan, said in an investor note issued today. “We believe that the company is interested in subsidizing sales of the console in order to stabilize its market share in the games market and grow its lead in the high-definition DVD market.”

Obviously, the severe price cut would put it in direct competition with the other consoles, and might even end up bringing down the entire cost of consoles across the board, given Microsoft’s reaction to the PS3′s last price drop.

Metal Gear, anyone?

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11 Comments on Analyst Prediction of $399 for an 80 GB PS3 by April 2008

used cisco

On September 8, 2007 at 8:03 am

This sounds about right. Certainly, they need to do it, sooner than later. If they could pull this off before the holidays, things would get really interesting.

Aristotle

On September 8, 2007 at 10:19 am

Indeed things would become interesting. If they lower the price that significantly, I may even trade in my 60gb version for one of the newer updated 80gb ones.

Already the PS3 outclasses the Xbox 360 in hardware stability and gut-rendering performance (remember the article about the PS3 being able to perform 50+ hours in a sauna?) as far as graphics and processing (let Motorstorm and Warhawk be a prime example), I could only speculate what sort of damage it would do to the 360′s market… not so worried about the Wii though, since the Wii was designed for the casual gamer.

I mean, with all of the add-ons you need for the 360 (HDD, HD-DVD, that cooler system to keep it from overheating, extra towel…), its price brings it right around $400 to $500 already–wheras the PS3 has all of that included.

Joelteon7

On September 8, 2007 at 10:53 am

Aristotle, don’t make the mistake that the Wii was designed for casual gamer’s; it was designed to be different, which inherently made it more appealing to the masses. I consider my self something of a slightly ‘harder’ gamer (though what that term means now I’m not 100% sure) and I have a Wii.

Whatever, for the sake of competition, I think it would be prudent for Sony to do this. That way, once the technology becomes more main-stream, production will reduce in costs and it should be a little bit better for them to produce.

Final_King

On September 8, 2007 at 11:03 am

i heard it was 100 price job for ps3 60 and th 80 gig would be the price 599

Aristotle

On September 8, 2007 at 1:17 pm

Yes, King, that’s the case, except that happened a good while ago. The 60gb models are $499 as is, and the 80 is $599…. however in seven months, it is predicted that the 80gb model will lower to $399.

And to Joelteon, sorry if I made a mistake of how it was made for casual gamers. What I meant to say was that it was designed to appeal to a very wide demographic group of gamers. Sorry for the mixup.

Rollett

On September 8, 2007 at 2:50 pm

I dont think they will drop the price to 399$ i think they will drop the 80′s to 499$ soon as the stock of 60′s clears….

Joe Blow

On September 8, 2007 at 6:40 pm

OMGWTFBBQ, people are either bloody rich or bloody stupid.
OMG

WTF

BBQ

Aristotle

On September 9, 2007 at 12:21 am

@Joe Blow: Errr…. yeah… constructive comments are a virture. And just as an FYI, compared to the 360, IF the PS3 were priced at $399 now, it would completely dominate console sales of the high-def generation. Note, this is an IF–as in, if it were $399 now, this woul be the case.

Lucas

On September 9, 2007 at 7:59 pm

If they lowered it to $399 I would seriously look into saving up and buying one before Christmas.

But these companies never consult with me about these things. :roll: lol

Lucas

On September 9, 2007 at 8:01 pm

I mean if they lowered it before the holidays I would.

I own a 360 right now and have yet to get problems

brandt

On October 7, 2007 at 7:13 pm

they should low it now