Research Co. Forecasts PS3 Price Cut This Year

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iSuppli analyst Pamela Tufegdzic is predicting that 2008 will be the year that the PS3 turns it around.

“2008 will be a turning year for the PS3,” said iSuppli analyst Pamela Tufegdzic. “Sony is offering a better forthcoming software pipeline with blockbuster titles like “Gran Turismo 5″, which will boost PS3 sales this year.”

Currently Sony loses money on each console sold. However, Sony has done some financial maneuvering which will boost production efficiency and cut component costs in the second half of the fiscal year. Based on this, analysts are predicting a price drop.

“We anticipate Sony will have another price slash on the PS3 this year, and come Christmas, consumers who originally bought the Wii will likely purchase the PS3,” Tufegdzic said.

“The battle over consoles ultimately boils down to price.”

via Reuters

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11 Comments on Research Co. Forecasts PS3 Price Cut This Year

somewhat

On March 3, 2008 at 2:58 pm

“The battle over consoles ultimately boils down to price.”

Oh, and maybe games. :roll:

ManOfTeal

On March 3, 2008 at 3:20 pm

“consumers who originally bought the Wii will likely purchase the PS3″

Oh really????? Will the PS3 be priced at $249 and have full backwards compatibility, or the ability to play classic games, like the Wii does?????

If not then sorry I still don’t need a glorified Blu-Ray player thanks…….. :cool:

ao

On March 3, 2008 at 3:26 pm

but you will need a blu-ray player and you might as well get the cheapest one available

Weclock

On March 3, 2008 at 3:30 pm

I used to have a Wii, I just bought an NES instead.

I’m happier with the NES.

I probably won’t buy a PS3, but if I were given one I’d accept it.

William

On March 3, 2008 at 5:15 pm

I don’t think price is the end factor. If you look at the statistics, people in higher income brackets are more likely to purchase the Wii and people in lower income brackets are more likely to purchase the 360 or PS3. Also, in the end after you have loaded up with peripherals and games, the cost between systems is minimal at this point.

I do think price drops can cause spikes in purchasing, but for the most part I think it’s the games that are selling systems.

Norbit

On March 3, 2008 at 8:40 pm

@ ManOfTeal

Retard. Why would no backwards compatibility stop a Wii owner from buying a PS3 you ? BTW the fact you think you cant play classic games on the PS3 simply confirms your ignorance. There I was thinking the PlayStation Store had an ever expanding lineup of classic games to download and play but apparently not :lol:

ManOfTeal

On March 4, 2008 at 9:20 am

Norbit

I used to think you were actually somewhat human but after that pathetic backlash I will now clump you in with the “Timmies” that annoy me and ruin all the fun when playing online multiplayer in anything. I mean seriously, what are you 12? 13? Talk to me again when your voice cracks and you become a man.

Interweb Master

On March 4, 2008 at 9:24 am

@ ManOfTeal, what are “Timmies”, like annoying people or something?

ManOfTeal

On March 4, 2008 at 9:31 am

@Interweb Master

“Timmies” are annoying little brats, usually in the 8 – 15 year old range, that get online and make up for their lack of maturity by talking smack in games like Halo.

Basically they are little kids who, if you met them in real life wouldn’t even open their mouths out of fear that you would hand them their ass on a stick.

ManOfTeal

On March 4, 2008 at 9:37 am

Or better yet here is the definition from urbandictionary.com:

Timmy

Term used by older gamers to describe immature or younger gamers. Usually this is in reference to their attitude during gameplay or in lobbies. This attitude is usually include Racial slurs Unprovoked profanity or general poor behavior. Other activities by a Timmy may include playing music over communicators or just yelling nonsense. In game play a Timmy may team kill or glitch and exploit game bugs. This term is in reference to the South Park character

Timmy, “You guys Suck you are a bunch of N^&*%$ J^*^!” ****MUSIC BLARES THROUGH HEADSET****

Older Gamer, “You are such a timmie, where is my mute button?”

Interweb Master

On March 4, 2008 at 10:01 am

@ ManOfTeal, lol, I’m gonna use that term, I’ve just been calling them asses, or noobs or whatever.