Sony CEO Howard Stringer is a dirty liar. In June, he stated there were no plans to drop the price of the PS3, now looky what we have here, price drop and the PS3 Slim 120GB.
Rumors are fun, especially when they end up coming to fruition. The PS3 Slim soon to be released, comes with a $100 price drop to the currently available flavors (until they are both eventually phased out). Earlier this summer, Sony CEO Howard Stringer told Reuters that there are no plans for a price drop regarding the PS3. He went on to say that if there were a price drop that Sony would “lose money on every PlayStation (it) makes. How’s that for logic?”
Sony PS3 80GB Fatty
But now here we are roughly 45 days later, and we have not only a $300 PS3 Slim, but a price drop in the previously released 80GB system as well. So what happened? Well, going back to Freshman economics, it’s simple supply and demand. At the higher price, demand was lacking, so a price drop boosts demand, however your profits suffer – but in the end, you’ll come out ahead though not nearly as much so as at the previous price. Quantity over quality (of capital).
Sony PS3 Slim 120GB
Here’s the skinny on the Slim, not only is it smaller that the beefy PS3’s on the market, it’s also quieter fan-wise and it comes with a 120GB Hard drive. It also boasts HDMI output with 1080p support, no external power supply(the brick), a built-in Web browser, and PlayStation’s free online gaming service – and don’t forget it’s a Blu-ray player as well. At a price point of $299, the only drawbacks it suffers is the loss of PS2 compatibility and the infrared port, meaning no last-gen games and no non-bluetooth universal remote support. So, if you have an extensive PS2 game library, or a spiffy infrared Uni-remote, you’ll be better off purchasing the bulky 80GB PS3 for the same price.
Still, if your looking for online content(games, downloads, video, play options, community) – Microsoft’s Xbox 360 still leads the pack in quality, but PlayStation is slowly catching up.
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