sony dropping prices on PS2 and PS1

[chrissy]

http://news.com.com/2100-1040-912702.html?tag=fd_lede

Sony got the ball rolling Tuesday by cutting the U.S. price of its PlayStation 2 game console by one-third and dropping the price of its older PlayStation One by 50 percent. Effective immediately, the PS2 costs $199, down from $299, while the PSX now sells for $49, down from $99.

[WhiskeyPapa]

Can anyone guess how quickly Nintendo will drop the price of the Game Cube? My kids just bought one a week ago at Target. I think if Target drops the price within 30 days of your purchase, they will refund the difference.

[Burzhui]

i'm puzzled, PS2 costs about 250 to make, why are they dropping prices

[hapoo]

Originally posted by Burzhui
i'm puzzled, PS2 costs about 250 to make, why are they dropping prices

for the same reason that microsoft is dropping prices (also to 199) on a product that costs them more than 350 bucks to make.

[WhiskeyPapa]

Originally posted by Burzhui
i'm puzzled, PS2 costs about 250 to make, why are they dropping prices

They make it up on volume!

[Raider007]

i need more money
i was planning on getting a ps2 when the price dropped in may, but my damn car broke down...*sniffle* 1 more month

[Burzhui]

yea i guess you're right, i didn't know they were all dropping prices

[attgig]

cause the games are so freakin damn overpriced, and that's where they'll make money!
royalties from games grrrrrr

[whitak24]

Originally posted by attgig
cause the games are so freakin damn overpriced, and that's where they'll make money!
royalties from games grrrrrr

right, but they can't make money off royalities unless they can get a solid base of console owners who are demanding more games.

consequentely, they try to sell consoles cheap so that they can build market share and saturation, which will hopefully (from their perspective) drive up demand for games and (if their business model holds up) profits.

[mojo]

wait till they get hit with the lawsuits from the game addicts and people with health issues

[chrissy]

maybe I need to read the news pages first. This was posted on the games page and the news page... oops.

[Cantacuzene]

I dont see Nintendo having pressure to drop prices as much as microsoft. Nintendo is #2 in sales worldwide right now, so the pressure seems to be on microsoft. I imagine nintendo will wait for MS to drop, then they will.

[sho.gun]

I will make my own game system company and I will sell them for 10 cents each. Maybe that'll make prices go down even more, sho.gun... the savior of the gaming world.

[psycho-]

Originally posted by kb0wwp

They make it up on volume!

No! They make it up in licensing of the games. It's the classic Gillette "Give away the razor, make money on the blades" model.

[DoPeY5007]

Originally posted by sho.gun
I will make my own game system company and I will sell them for 10 cents each. Maybe that'll make prices go down even more, sho.gun... the savior of the gaming world.

I'll buy that for a dollor

[Speedfreak]

I think I will finally get an Xbox. Might as well buy something that MS is loosing money on.

[Nija]

hrmm now i will buy a psx... hehe add it to my eer growing console collection, i think i have one or two games for it... somewhere..

They are also lowering the prices for some of the PS2 accessories... like the dual shock controllers... at least if i read the ebgames.com email correctly....

[GraingerGuy]

Originally posted by kb0wwp

They make it up on volume!

That makes no sense....they would lose more money the more they sold....

[Cheesypuff]

I thought they made xboxs out of cardboard

[whitak24]

Originally posted by kb0wwp

They make it up on volume!

people, it's a JOKE! a very old joke, but a funny one none the less, about a retailer selling things at a loss, but that's ok, because he makes it up on volume