$100 bargain works, PS3 sales up by 2800%

Yashpal SharmaJul 10 2007

Finally, the much talked about PS3 price-cut is official and will come in action this August. Sony has dropped the price of 60GB PS3 by $100 (now $500) i.e. approx 17%. Although, discounted PS3 is yet to ship to retail stores across the US, the PS3 sales has started showing an upsurge. As per online retailer Amazon, the PS3 sales has filed a long leap of 2800% in its sales since the announcement of price-cut. The retailer reports that the console has become the top selling item on the videogames category list.

ps3 pricedrop 52
ps3 pricedrop 52

Keeping in mind that the price-cut would come into effect from next month, we'll have to wait and see whether the sales would continue with a gain or plunge down after some time is a tetchy riddle to solve. Whatsoever, Sony is making money, hence would surely be delighted to see the rocketing sales after a long spell of prolonged crisis and wish it to persist for a few more months to get things in order.

Despite the $100 price-cut, the PS3 is still the most expensive console in the next-gen array, so it's really hard to predict what will happen.

We can hear whispers of an Xbox360 price-cut around the corner, but reacting promptly, Microsoft said that presently they have no such plans.

Here is what a Microsoft official has to say on current PS3 sales:

This is nothing other than an immediate impact that announcement (PS3 price-cut) leaves, it won't last longer.

Few under-mentioned reasons can turn MS official's words wrong; let's see how much I succeed:

Whether it is graphics measures or storage capacity, Blu-Ray will eventually survive

PS3 lineup is going really to excel; you are nowhere to get exclusive titles like MGS4, Heavenly Sword, GTA 4 (maybe Resistance: Fall of Man)

The Wii is a sprinter whereas PS3 a marathon-racer; Wii fad will get obsolete shortly

Few pleasing mini-games and God Of war III (probably coming to PS3)

SIXAXIS' rumble control

Eventually, 17% cut aims to woo buyers from Nintendo's top-selling Wii. Will Microsoft follow suit with its Xbox360?

Via: Ps3fanboy

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