Login to access exclusive gaming content, win competition prizes
and post on our forums. Don't have an account? Create one now!
Why should you join?
Click here for full benefits!
Follow our Twitter feedHeavy Rain preview is in the house(!)
SIGN IN/JOIN UP
GamesForumsCheatsVideo
3D laptops shown by Nvidia | MW2 smashes Call of Duty 4 | Banned Xbox modders NOT one-million | Final Fantasy CC: Crystal Bearers release date | Steam dominates 70% of PC download market | PlayStation Platforms Dominate In Japan | Modern Warfare 2 video shows new gameplay modes? | Darksiders 'The Horseman's Road' Trailer | Nintendo downloads: Pokémon, Uno | Bayonetta review: 10/10 "flawless" | Worms 2: Armageddon update released | Government recruiting soldiers over Xbox Live | Kaz Hirai: PS3 to hit 13 million early next year | New Halo, Shadow Complex and Gears... on cards | Zelda mystery: internet speculation 1 truth 0 | Dark Elves enter the Blood Bowl arena | Dragon Age: Origins DLC revealed | Download Saints Row 2 on Xbox Live next week | StarCraft 2 gameplay screenshots | Aliens vs. Predator WILL support dedicated servers | Modern Warfare 2 zombies could've happened | Kane & Lynch 2 gameplay info is in | BioShock 2 special edition detailed | Star Trek Online beta details | Army of Two 2: Pimp my weaponry
All|PC|PlayStation|Xbox|Nintendo|Download PC Games
Search CVG
Computer And Video Games - The latest gaming news, reviews, previews & movies
CVG Home » News
PreviousCall of Duty developer reveals new FPS Call of Duty 4 E3 2007 trailer  Next

PS3 price drop makes no difference, says Nintendo

Nintendo boss George Harrison plays down Sony's latest price-drop offensive
In a surprise move, Sony yesterday slashed the price of PS3 by $100 to $499 in the US, as it prepares to unleash the 80GB model in the same region. But Nintendo isn't bothered, according to George Harrison.

"A $100 price drop won't make a difference," said the ssenior Nintendo VP. "Can Sony afford a $200 price drop? I don't think so," he added.

There may not be queues outside shops and the Wii is still in a comfortable lead over the pricier PS3, but the new lower price of the high-def console is bound to close the gap a little.

[Source: Tech Talk].

computerandvideogames.com
// Interactive
Share this article:  
Digg.comFacebookGoogle BookmarksN4GGamerblips
del.icio.usRedditSlashdot.orgStumbleUpon
 
Read all 16 commentsPost a Comment
Oooh, Nintendo's turn for a bit of 'handbags'! Laughing
Mark240473 on 10 Jul '07
Nintendo - Look at the updated news - It works - It is getting better.

http://www.computerandvideogames.com/article.php?id=167543
wildhook2 on 10 Jul '07
The Console wars are hotting up, Round 2 DING!DING!Laughing
seancuk23 on 10 Jul '07
good one sony (sarcastic), the best thing to do when your console's not selling probably isn't to bring out another pointless version, god do they think everyone is a memory whore or something, i mean 60gb is more than enough and even if that does run out im sure you can get a good memory card down the line a few years which will cost less than $100
P_3te-r on 10 Jul '07
Didn't he write a song about it a long time ago too?

Someone's playing a 360
And his friends are so wild
They've still got their stick gamepads
But they feel they have much more style
But I've found

It's all up to what you value
Down to where you are
It all swings on the pain you've gone through
Getting where you are

It's all up to what you value
In your console war
It all rests on what it's cost you
Getting where you are
It's what you value

Someone's using a Playstation
Seems the world is all blurred
Knows he's in a show stealer
With a box that's uncompared
And I've found



Oh, wrong George Harrison... Razz
Dajmin on 10 Jul '07
I think it will make a difference. I am not going to buy a PS3 yet as it still hasn't got any games I want that I haven't already played on the 360 or xbox.
However, the price is looking more attractive now so I think many people may be tempted to get one which is good as MS and Nintendo may do some better deals too.

MS are looking at reducing costs with their falcon chip and I am sure Nintendo will be looking to do the same, they certainly both can afford to. I wonder if people will be swayed to buying PS3 for the blu-ray or not, I am not interested at all in it right now as I don't wanna have to rebuy my whole collection of movies for it. Games machines for games and PS3 isn't doing well in that department at the monent.
Even if they sell more though of them they are losing $300 a machine!? I wonder what effects that will have on a company selling a million units at such a loss and could they ever recoup it all back?
martinh1979 on 10 Jul '07
Actually though, Harrison raised a good point:

Can they afford a $200 price cut? I don't even think a $100 price cut is all that smart.

Sony already lose a fair amount with each console don't they? Against the Wii's small profit and 360's small loss, a price cut may not be all that great for Sony.
gothchild on 10 Jul '07
Actually though, Harrison raised a good point:

Can they afford a $200 price cut? I don't even think a $100 price cut is all that smart.

Sony already lose a fair amount with each console don't they? Against the Wii's small profit and 360's small loss, a price cut may not be all that great for Sony.

I think an increase of 2800% at amazon (of games and accessories) for the ps3 may help with their losses!
Also, the more people who invest in the ps3, the more people will start collecting blu-ray films, another boost for sony. The more machines in peoples homes over xmas period will allow them to recoup their losses through game and accessory sales over that period. It's all good. Very Happy
Mark240473 on 10 Jul '07
Actually though, Harrison raised a good point:

Can they afford a $200 price cut? I don't even think a $100 price cut is all that smart.

Sony already lose a fair amount with each console don't they? Against the Wii's small profit and 360's small loss, a price cut may not be all that great for Sony.

I think an increase of 2800% at amazon (of games and accessories) for the ps3 may help with their losses!

A 2800% increase depends on what figure Amazon sold in the first place. I mean if they only sold 1 then that's 2800 consoles now.
steven_h1 on 10 Jul '07
Actually though, Harrison raised a good point:

Can they afford a $200 price cut? I don't even think a $100 price cut is all that smart.

Sony already lose a fair amount with each console don't they? Against the Wii's small profit and 360's small loss, a price cut may not be all that great for Sony.

I think an increase of 2800% at amazon (of games and accessories) for the ps3 may help with their losses!
Also, the more people who invest in the ps3, the more people will start collecting blu-ray films, another boost for sony. The more machines in peoples homes over xmas period will allow them to recoup their losses through game and accessory sales over that period. It's all good. Very Happy

Not really bro.

They lose money or each console, even if it is sold.

The cash comes in from games.
gothchild on 10 Jul '07
and 360's small loss

I wouldn't say small profit loss. Microsoft has yet to make a single penny from anything Xbox or Xbox 360. With their new extended warranty, more money goes down the drain. Not that they can't afford it though....
MarcuFenix on 10 Jul '07
Selling more at a bigger loss isn't the greatest news for Sony if they don't have games to sell. I'm not sure what Sony makes per game sold but they don't have enough good games that will warrant people buying them at $60 a pop. Maybe that will change this Xmas but who knows. If a price drop didn't make a difference I would be VERY surprised as I'm sure Sony would be also.
horngreen on 10 Jul '07
I dont like nintendo now -- im starting to feel sorry for sony

Ninty have made a frankly low grade console with little or no games and charge a whopping Ł180 for it when it costs them Ł70 per unit to make

We dont see ninty dropping the price whereas sony is losing money still and dropping the price
dandoc2 on 10 Jul '07

A 2800% increase depends on what figure Amazon sold in the first place. I mean if they only sold 1 then that's 2800 consoles now.

Did you learn any Maths at school?

If they'd sold 1 before, and now they're selling 2, then that is a 100% increase in sales.
Likewise, if now they had sold 3, then that is a 200% increase in sales.
(Can you spot the pattern...?)

So if we assue they had only sold 1, and now there has been a 2800% increase in sales, then they have now sold 27.

In laymans terms (as if this wasn't already), for every 1 sold on Amazon before, they are now selling an extra 27. Still a pretty good increase, but nowhere near an increase of 2800 for every one. If ony starting shifting those numbers then both Nintendo and Microsoft would be left dead in the water.
Silver_Sun on 10 Jul '07
Your on the right track, but I think you'll find that they would be selling 28 extra, or 29 in total.

The key issue though is games (or the lack of). The PS3 is still really expensive, without the killer games to show for it. However, when GTA4, and the next Final Fantasy come out...
evrae on 10 Jul '07
Didn't he write a song about it a long time ago too?

Someone's playing a 360
And his friends are so wild
They've still got their stick gamepads
But they feel they have much more style
But I've found

It's all up to what you value
Down to where you are
It all swings on the pain you've gone through
Getting where you are

It's all up to what you value
In your console war
It all rests on what it's cost you
Getting where you are
It's what you value

Someone's using a Playstation
Seems the world is all blurred
Knows he's in a show stealer
With a box that's uncompared
And I've found



Oh, wrong George Harrison... Razz

Someone has a lot of time on their hands!
the monk 21 on 11 Jul '07
Read all 16 commentsPost a Comment
// Related Content
Previews:
Interviews:
News:
More Related
// The Best ofCVG
Click here to subscribe to OXM magazine.
News | Reviews | Previews | Features | Interviews | Cheats | Hardware | Forums | Competitions | Blogs
Top Games: Pro Evolution Soccer | Pro Evolution Soccer 6 | Tomb Raider: Underworld | Metal Gear Solid 4 | Grand Theft Auto IV | Grand Theft Auto IV
Call of Duty 4: Modern Warfare | LittleBigPlanet | Burnout Paradise | Unreal Tournament III | Halo 3
Top Reviews: SAW | PES 2010 | Assassin's Creed 2 | Left 4 Dead 2 | Tropico 3 | Call of Duty: Modern Warfare 2
New Super Mario Bros. Wii | Rabbids Go Home | A Boy and his Blob | Dragon Age: Origins | DJ Hero
Copyright 2006 - 2009 Future Publishing Limited,
Beauford Court, 30 Monmouth Street, Bath, UK BA1 2BW
England and Wales company registration number 2008885