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Analyst says YES! to PS3 price cut, Sony says NO!

Posted Feb 24, 2009 at 3:46PM EST by Karl B.

Listed in: PS3 Tags: Microsoft, Mike Hickey, price drop, Sony

Sony PlayStation 3 - Image 1

Janco Partners analyst Mike Hickey has joined the ranks of analysts predicting a PS3 price cut. According to Hickey, "recent channel checks indicate increased speculation for a PS3 price cut announcement from Sony in the next couple of days."

Hickey thinks that a US$ 100 price cut is the cure for Sony's PS3 problems. Know what Sony said in response? You guessed it. A Sony spokesman told GameDaily that there is "definitely no price drop on PS3" being planned at the moment. The spokesman also said that for Sony, it's not about price but great games, content and services.

That's not all Hickey had to say, however, and I warn you, we're gonna tread into the realm of the kinda absurd here. Apart from the price cut, Hickey also mentioned that they have heard speculation that Sony is planning to come out with a non-Blu-ray PS3 console.

See? Yeah, sure, they can make it, but who would want to buy a PS3 that can't play PS3 games? I don't know what the speculators Hickey heard were smoking, but I think I want me some of that.

Via GameDaily

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This is what happens when people who call themselves an "analyst" decide to analyze something they no nothing about and then hold a press conference.

While the Wii, which chose to not play DVDs, one of the PS3's main selling points has always been "By the way, its also a blu-ray player..." Not to mention that PS3 games are on blu-ray discs anyway.....

Stupid.

# ... — papajag 2009-02-24 18:00

Sony should just rip everything out of the PS3 and sell it for cheap since that's what everyone seems to want

# a gaming worthy pc — StingBlah 2009-02-24 18:50

is MUCH more expensive than a $399 ps3. The only thing that you could find as compensation is that you can pirate games on PC. Oops, I meant "backup"

# I agree. — StingBlah 2009-02-24 18:53

Make a new PS3 SKU, call it PS3 Monster.

No built in wifi, 1 usb port, no hard drive.

That would save them a bit. It would basically be an Xbox Arcade, but still better.

# Sony can't hash the drive. — Flamesack112 2009-02-24 19:10

Sony can't really remove the HDD. Since every model up to this point has had a hard drive, and many games require installs they couldn't remove it.

As for everything else. Sure, they could do it.

# Have fun — NarooN 2009-02-24 21:38

Spending EVEN MORE than a PS3 on new graphics cards, CPUs, RAM upgrades, and more just to play one damn game. Sony won't give a ***** over losing one customer.

# Some smart analysts. — NarooN 2009-02-24 21:39

Yeah, I'd love to buy an extra PS# unit that can't even play PS3 games or Blu-Ray movies. It'd be one sexy ass MP3 player.

# Rofl!!! — Musachi 2009-02-24 23:53

It'd be a very expensive & nice looking PS2... I'd buy it... Oh wait, Sony would probably disable backward compatability so.... nah. I'll hold onto my one a little longer.....

# LOL — Navani 2009-02-25 01:33

Non-bluray player PS3.. That would be awesome! That's basically a supercharged PS2, because every single PS3 game is Blu-ray. Personally I think the PS3 is worth the cost. It'll last longer than the other consoles, and it has the most features. I'm lucky enough to own an original launch (bought it used) and I have not been disappointed. And you can't blame them for cutting features. Perhaps they were a little over-ambitious at launch, but financially speaking they're saving a lot of money by cutting down on the stuff. Unfortunate, but true, and can you blame them?

# Durrrr.... — NayusDante 2009-02-25 02:43

You're all missing the point of the Blu-Ray cutout. Such a change would involve SOFTWARE modification. The drive would still be a Blu-Ray reader, for games obviously. However, the savings would come in the licensing of the Blu-Ray movie playback, much like how the original Xbox could read DVDs but not play movies without the "DVD Kit," in order to offset the price.

Even though Sony developed the Blu-Ray format, I'm sure that there's some kind of royalty paid somewhere on every unit made. It's a stretch, but I'm sure it would cut prices a bit.

Another possible cut would involve downgrading things like the graphics and sound processors to limit video resolution and audio output. The PS3 has extensive digital audio capabilities, some of which are licensed formats which could be cut out. Essentially, the stripped unit would be a PS2 with a hard drive and the ability to play PS3 games at 480p.

# @ Metal Jody — skate4life 2009-02-25 04:45

i would go to PC aswell but considering that allot of major titles are having trouble on desiding on wether to or not relase a really good title for PC due to

fraud

like PSP iso's

dont be hatin this is my opinion

# i agree — interdimention 2009-02-25 08:10

sony shouldnt have to release a price cut in order for 360 fans to go buy their system. They can stay with their RROD for all i care, just means we wont have to play with that many people who are used to cheap ass gaming systems. I have no problem with the price of ps3 and i have to work for a living, i guess all the people on welfare cant pay more then what they did for their 360 so they banter sony into trying to lower the price so they can see if they can sell some of their food stamps to try to get enough cash to buy a ps3, well oh well, go get a job you losers, if you want a cheaper system that doesnt have all the bells and whistles, then your best bet is to either stick with 360, or go one step over the 360 and buy the wii, cuz the wii is more powerful then the 360, at least in my eyes.

# Funniest topic I've seen for a while! — RyanTL 2009-02-25 13:36

What kind of advice is it to tell Sony to release a cheaper PS3 by sacraficing the Blu-ray drive? Either the 'analyst' doesn't know what a PS3 is or he works for Microsoft!

What's next? Is he going to tell Microsoft to "lower their prices for the 360. I mean what's wrong with a normal CD-Rom? The PSOne had that and that was brilliant!"

Dear Mike Hickey: Next time you hear 'speculation' about something, try researching it to determine it's reliability before publishing it!

# no... — StingBlah 2009-02-25 13:38

make the customers pay extra for a memory-card type hard drive, as with Xbox.

# Great idea Metal Jody (???) — damonous 2009-02-25 16:20

PC Gaming? ...riiiight. Let's forget the gobs more money that'll cost you (as StingBlah and NarooN already stated) ....I suppose you're also looking forward to the hours upon hours of configuration and compatibility problems, too. How about the hours of Internet searches and patch-downloads that you'll spend trying to BOTH a) overcome the compatibility problems (per each game), and b) trying to get a PC Game to run with a dual-analog game controller. (Unless you're ALSO going to start in on the PC-head spiel that "keyboard/mouse" is the ultimate controller. :-O ....Good luck with all that. Heck, owning 3 consecutive 360's that went into RROD would be preferable to the pain of PC Gaming. I've confidently put that misery behind me. It's the ONLY reason I still own a (seldomly-played) 360: to have access to games that would otherwise only be on PC. (In the interest of actually being able to PLAY them ....not spend days of my life CONFIGURING them on a PC.)

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Analyst says YES! to PS3 price cut, Sony says NO!

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