July 05, 2007
PS3 $100 Price Cut
GameDailyBiz is reporting they have a source from a major retailer that Sony is going to cut the PS3 price by $100 to $499 on July 12th. I don't think this will really have a big impact as we already had a $499 PS3 in the past (remember the 20GB SKU) that didn't sell well at all. The difference between a 60GB vs. 20GB + Wi-FI isn't going to drive people to buy a PS3 all of a sudden.
The simple reason why the PS3 isn't selling is there aren't any killer app games for it. Back during the PS2 days, it was Grand Theft Auto. Right now, there is hardly anything. Xbox 360 is going to have Halo 3 this Christmas and exclusive downloadable content for Grand Theft Auto IV. Where is our God of War 3 Sony? Gran Turismo 5? We need the killer apps pronto to beat Wii Sports into the ground.
