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In terms of the next-gen console race, the PlayStation 3 finished last month in last place. Rumors are circulating that Sony will drop the price of the Blu-ray capable PS3 by $100, however Bank of America analyst Mike Savner has been quoted saying that he believes it may not be enough.

PS3 Feeling Left Out - Ready To Slash It’s Price?

A drop in price by $100 still has the PS3 on top as the most expensive console of this generation, and one can not rule out a drop in the price by Microsoft on the Xbox 360 which first hit store shelves back in November of 2005. So how much will it take to get Sony back in the conversation … $100 … $200? Already losing an estimated $200 per unit as it stands, can Sony afford to drop the price any further? Maybe the better question is can they afford NOT to?

“An important driver of Sony hardware last cycle was exclusive games, such as Grand Theft Auto” says Mike, and we couldn’t agree more. Now don’t get us wrong, the PS3 has superior specs and the Blu-ray player is very nice, but if a consumer isn’t in the market for one, Sony may find its race for next-gen console supremacy over before it even began.

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2 Comments so far

  1. Default LCA Avatar Image
    Mario
    on June 10, 2007 6:17 pm

    ha ha lol

  2. Default LCA Avatar Image
    Keiji Dragon
    on January 2, 2008 7:57 pm

    Even if they bring it down to $199.99, I still wouldn’t buy a PS3.

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