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FEATURED VOXPOP shandog137
Re-Masters - Next-Gen Backwards Compatibility?
By shandog137
Posted on 03/30/15
I am a PS3 owner and someday hope to be a PS4 owner, yet I am not at all dissatisfied with my choice to delay purchase, solely based on the current PS4 library. When I transitioned from a Playstation 1 to a Playstation 2, I was pleasantly surprised that I could for the most part rid myself of my PS1...

GAMING NEWS

PS3 Price Drop Was to Lure 360, Wii Owners

Posted on Wednesday, August 17 @ 10:26:24 Eastern by


The new $249 PS3 price point is something that has been planned for over a year now, says Sony. So why now? SCEA's director of hardware marketing, John Koller, says1 that it was to take advantage of Sony's holiday releases (ahem, Uncharted 3) so that they could lure "Xbox 360 and Wii owners to come over".

Koller added:

There's a significant number of Xbox 360 and Wii owners who would like that second console and want to have the opportunity to play these exclusive games and content experiences, and this new price point allows them to do that.

Koller also says that the PlayStation 3 is still profitable at the new price.

Sony will also be pushing their exclusive games as part of new bundles. Like this inFamous 2 320GB PS3 Bundle for $2992, which includes a 320GB PS3, a copy of inFamous 2, and a one-month subscription to PlayStation Plus.

This new price point is expected to increase PS3 sales up to 30%, says industry analyst, Michael Pachter3. He also says that if this price begins to eat into Xbox 360's momentum, Microsoft is likely to follow suit.

[Source 1, Source 2, Source 3]
Tags:   Sony, ps3
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