PlayStation 3: No price drop this holiday season

Playstation3_01Some bad news for all you gamers out there who were hoping that Sony would soon drop the price on its $399.99 PlayStation 3 game console: an official for the slumping electronics giant stated that there are no price cuts planned this year. "We have a business to run, and we have to make sure we’re doing the right thing for the shareholders as well," said the managing director of Sony Computer Entertainment’s UK division. Okay, I know Sony is still losing money on each PS3 they sell (such losses are always expected early in a console’s life cycle) — but I’d be worried about losing even more market share to Microsoft’s Xbox 360 and Nintendo’s Wii. Especially as they have some pretty terrific titles PS3-exclusive titles like LittleBigPlanet and Metal Gear Solid 4 and the upcoming Resistance 2. What say you, dear readers: Was anybody out there planning on buying a PS3 this year? And how will this news affect your potential purchase?

Comments (34 total) Add your comment
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  • Jay

    I was time Black Friday to get this as a Xmas gift for my brother. I guess he’ll have to be satisfied with new kicks.

  • Winona

    I would only consider a PS3 for the Blu-Ray capabilities so that I could have a player and still have my DVD home-theater-in-a-box system (oh yeah, and perhaps have the opportunity to play Guitar Hero).

  • paige

    long live nintendo!

  • Stef

    My house is not allowed to purchase one until they are under $200. it was the same with the Xbox 360. We did, however, get the Wii at $250.

  • Ian

    Anyone who doesn’t think $399 for a PS3 is nuts. This machine is a monster. It has one of the best blu ray players available (even beating out the stand alone Sonys), and oh guess what… also plays video games.
    $399 is a STEAL, an absolute steal and you are honestly ripping off Sony for even buying it at this price. It costs well over 400 dollars for Sony to make one of these. Where else do you get that kind of deal? I’d love to buy a car that costs LESS than it does to make it.

  • Carli

    We won’t be getting one until we decide it’s time for a Blu-Ray player. Until then, we’ll stick to the cheaper Wii.

  • Jorge

    I was going to wait until Black Friday to buy a PS3, but I guess I can just buy one whenever know. So long to $400.

  • Lina

    We own the PS3 and it’s by far the best Blue Ray player and game player. You’d be nuts to buy anything else.

  • hobbes242

    Ian– I couldn’t agree more. The PS3 isn’t just a video game console. It’s a fantastic Blu-ray player, it’s a web browser, picture and video viewer, music player, etc., etc. A multimedia hub for $399? You’d be crazy not to buy it.

  • Laura K.

    My husband and I were planning to buy a PS3 this year because of the new Prince of Persia game. LOVE that series. $400 is a little hefty though…it’s more than we spent on each other combined last year.

  • Michael Martinello

    I like Nintendo Wii’s Blu-Ray player, it looks great on my HDTV. How can you beat a system for $250 that is a gaming console and Blu-Ray player?

  • todd

    wii doesn’t have a blu-ray player, braniac

  • Michael Martinello

    Mine does. I was able to watch a Blu-Ray movie yesterday. The Wii picture quality is 10 times better than the PS3.

  • Michael Martinello

    I also ask my stuffed animals advice and haven’t showered since they put the chip in my head.

  • j

    ps3 blows.

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