Target Debunks PS3 Price Drop @ GDC Rumor?
By now everyone has heard of some type of PS3 price drop rumor, most of which point to a GDC announcement. If one major retailer’s weekly ad flyer for next week is something to go by, then it looks as though no price drop announcement will happen, at least not at GDC.
According to next week’s Target ad flyer, the new ‘Target exclusive’ 80GB “Greatest Hits” Resistance & Motorstorm PS3 bundle will be available for the price of $399. Anyone can do the math, and having two $29.99 priced games bundled along with a 80GB PS3, does not constitute a real price drop. Retailers are the first to know about price drops, and one would assume that Target would want to advertise the 80GB PS3 to reflect the lowest price possible to generate increased sales.
So what does this mean? It doesn’t appear that any price drops will be announced at GDC 09. Sony wouldn’t announce a price drop too far ahead of time, as that would deter sales until the price drop actually happened. So do not be surprised when you go to your favorite retailer and find something similar to the image below…
6 Responses to “Target Debunks PS3 Price Drop @ GDC Rumor?”
They haven’t phased out any SKUs as of late, so there was no evidence of a price drop. It’s way too early to even be thinking about that, considering that Sony Computer Entertainment needs to, first and foremost, stay profitable. Sony Corporation as a whole is banking on their success.
The only way PS3 can hit $299 is if a slim-line version is released. It would allow profit margins to remain steady AND build consumer hype, just as the slim-line PS2 did.
yes, but Prince is releasing a 3 CD set, and it’s only at Target!
I for one hope they don’t lower the price. There is no reason they should cave into all the complainers who say its too expensive. They should just run there business the way they want and forget about everyone else. If people can’t afford the system then they probably should not be spending their money on games anyway.
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ahh well, sony needs this, but doesn’t at the same time… I’m sure a price drop will happen this year.
Speculation keeps on keepin on. Hopefully there will be a drop in the future