Best Buy Offering First 299 PS3

[Balian]

I tell you one thing. If Sony does actually introduce a $299 model and couple this with Blu-ray domination, the PS3 will sell like hotcakes. Never mind overtaking the xbox360 in 2009. The PS3 will overtake xbox360 at the end of 2008 with that price.

Alas, $100 price cut is too good to be true at this early stage. If there is a imminent price change, it will probably be $349.

[Sith]

Originally Posted by Balian

I tell you one thing. If Sony does actually introduce a $299 model and couple this with Blu-ray domination, the PS3 will sell like hotcakes. Never mind overtaking the xbox360 in 2009. The PS3 will overtake xbox360 at the end of 2008 with that price.

Alas, $100 price cut is too good to be true at this early stage. If there is a imminent price change, it will probably be $349.

Not if the ps3 doesn't start coming out with good games....I love my ps3,
but readily admit that the 360 is way better for multiplayer and thus far has
had way better exclusive games then the ps3...

[Greggy P. Wild]

Originally Posted by Sith

Not if the ps3 doesn't start coming out with good games....I love my ps3,
but readily admit that the 360 is way better for multiplayer and thus far has
had way better exclusive games then the ps3...

It's a chicken & egg argument. You need a big install base before you get a great library.

Game makers wern't going PS2 exclusive just for the heck of it, they were doing so because the of the giant base of PS2 owners. Sony needs to get as many PS3's into the hands of consumers as it possibly can. $299 gets them there.

If Sony was willing to drop 4 bills on every console sold at launch, why wouldn't they be willing to drop 2 bills at this point?

It makes no sense whatsoever to sell a "profitable" PS3 while barely keeping up with the XBOX and being humiliated by the Wii. Sony wants this console to be dominant. Third place... or even a strong 2nd... isn't good enough.

Unless Sony is on the verge of going bankrupt, it's a ridiculously easy business decision to drop to $299... and quick.