Supposedly it's going to drop to $500 on July 12th, while I'm still looking for it to drop another $100 before I even consider getting one, this is a GREAT THING.
It should push the 360 down even further into levels where I could consider getting one, that is if all 3 of my roommates next year didn't have 360's. I think I'll be the one getting the PS3 with my Christmas money.
Supposedly it's going to drop to $500 on July 12th, while I'm still looking for it to drop another $100 before I even consider getting one, this is a GREAT THING.
It should push the 360 down even further into levels where I could consider getting one, that is if all 3 of my roommates next year didn't have 360's. I think I'll be the one getting the PS3 with my Christmas money.
1) Sony is denying it at the moment. 2) Microsoft is taking a $1billion hit on the red ring of death. A $100 price drop on the PS3 still keeps it more expensive than the 360, I bet MS keeps the 360 price the same for now.
Sony has no plans to cut PS3 price By Kiyoshi Takenaka and Kentaro Hamada
TOKYO (Reuters) - Sony Corp. has no plans to cut the price of its PlayStation3 (PS3) at present to pep up demand and counter surging sales of Nintendo's rival game console Wii, Sony's president said on Friday.
"At present we have no plans," to cut the PS3 price, Ryoji Chubachi told Reuters in an interview.
Sony has packed cutting-edge technology such as a Blu-ray high-definition optical disc player into the PS3, driving up production costs and making its retail price more than twice as expensive as the Wii.
The higher price tag has been cited has one of the main reasons the PS3 has been trailing the Wii in sales, and analysts have been widely expecting Sony to soon slash the price to spur on demand.
Chubachi also said that Sony was on track to hit its target of a 5 percent operating margin for the year to March 2008.
He also said the operating margin at its mainstay electronics unit is likely to overshoot its target of 4 percent for the current year.
Xbox 360 repairs will cost Microsoft $1B By JESSICA MINTZ, AP Business Writer 23 minutes ago
SEATTLE - In another setback for Microsoft Corp.'s unprofitable entertainment and devices division, the company says it is planning to spend at least $1 billion to repair serious problems with its Xbox 360 video game console.
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Microsoft declined to detail the problems that have caused an onslaught of "general hardware failures" in recent months but said Thursday it will extend the warranty on the consoles to three years.
The glitches, and the bad publicity, could weigh the company down as it claws for market share in the highly competitive console market. In May, the Xbox 360 ranked No. 2 in unit sales behind Nintendo's Wii, but still beat out Sony's Playstation 3, according to data from NPD Group.
"We don't think we've been getting the job done," said Robbie Bach, president of Microsoft's entertainment and devices division, which also makes the Zune digital music player, a distant competitor to Apple Inc.'s powerhouse iPod. "In the past few months, we have been having to make Xbox 360 console repairs at a rate too high for our liking."
Bach said the company made some manufacturing and production changes that he expects will reduce Xbox 360 hardware lockups, but he declined to identify the problems or say which others might remain. Microsoft said it will record a charge of up to $1.15 billion for its fourth fiscal quarter, which ended June 30, to cover the additional costs associated with the warranty extension.
The news comes just days before the video game industry descends on Santa Monica, Calif., for its annual E3 conference, and it could overshadow Microsoft's plans to build buzz for holiday season video game releases and "Halo 3," a much-anticipated shoot-'em-up for the Xbox 360 set to launch in September.
The software maker also said Thursday that sales of the game console fell short of expectations for the fiscal year that just ended.
Matt Rosoff, an analyst at the independent research group Directions on Microsoft, estimates that Microsoft's entertainment and devices division has lost more than $6 billion since 2002.
Microsoft has written down larger amounts in the past — more than $10 billion in the late 1990s related to investments in telecommunications companies, and more than $5 billion related to antitrust issues — but a $1 billion write-down for one division in one quarter is significant.
"It suggests the problem is pretty widespread," Rosoff said.
Microsoft will pay for shipping and repairs for three years, worldwide, for consoles that experience hardware failure, which is usually indicated by three flashing red lights on the front of the console, something gamers sometimes refer to as "the red ring of death."
This isn't the first time Microsoft has made changes to the Xbox 360 repair plan. Last December, the company extended the warranty from 90 days to one year for U.S. customers. In Europe, the warranty previously expired after two years.
Microsoft also will reimburse the "small number" of Xbox 360 owners who have paid for shipping and repairs on out-of-warranty consoles, Bach said.
In June, bloggers speculated that the Xbox 360 return problem was getting so severe that the company was running out of "coffins," or special return-shipping boxes Microsoft provides to gamers with dead consoles. "We'll make sure we have plenty of boxes to go back and forth," Bach said in an interview.
Chris Liddell, Microsoft's chief financial officer, said in a conference call that the company sold 11.6 million Xbox 360 consoles since the product's November 2005 launch, missing a target for 12 million units by the end of the fiscal year.
Xbox 360 prices range from $299 to $479, depending on their configuration.
Microsoft's entertainment and devices division reported an operating loss of $315 million on $929 million in sales for the three-month period that ended in March. Microsoft has said it expects the division to post a profit in fiscal 2008.
Microsoft announced the warranty extension after markets closed Thursday. Microsoft shares fell 11 cents to $29.88 in extended trading after falling 3 cents to $29.99 in the regular session.
This is why I am waiting until the holiday season to get a 360 Elite.
- There SHOULD be a price drop.
- The bugs should all be worked out by then.
- There should be better packages available (Controllers, remotes, ChatPad, etc)
- Cheaper/better HDTVs to go along with the Elite.
At least Microsoft is doing the right thing with this. When people were having all of the problems with the PS2, Sony screwed over their customers and charged for repairs.
Quote: At least Microsoft is doing the right thing with this. When people were having all of the problems with the PS2, Sony screwed over their customers and charged for repairs.
PS2 problems were not as wide spread. Sony paid for the repairs as long as it was still under the 1yr warranty and the box wasn't opened. Your comment is pretty much false.
Looks like the Wii will be the king by X-mas........unless Halo 3 pushes the 360 higher.
I think the PS3 didn't guess the market right while building the machine....they could have left off the BlueRay and saved the customers hundreds. Oh well.
“...Iguodala to Curry, back to Iguodala, up for the layup! Oh! Blocked by James! LeBron James with the rejection!”
Quote: At least Microsoft is doing the right thing with this. When people were having all of the problems with the PS2, Sony screwed over their customers and charged for repairs.
PS2 problems were not as wide spread. Sony paid for the repairs as long as it was still under the 1yr warranty and the box wasn't opened. Your comment is pretty much false.
Actually, it wasn't. But, whatever.
If you want to ignore all of the disc-reading errors that happened to MILLIONS of PS2s, that's fine.
A lot of people that I knew were screwed by Sony. They were left with the option of paying for repairs, buying a new PS2, or open the box up and try to fix it yourself.
It's the reason I never purchased a PS2 and got an XBox instead.
Quote: Looks like the Wii will be the king by X-mas........unless Halo 3 pushes the 360 higher.
I think the PS3 didn't guess the market right while building the machine....they could have left off the BlueRay and saved the customers hundreds. Oh well.
x2.
IMO PS3 would be king right now if they ignored Blu-Ray and matched the 360 price upon launch. This is coming from someone who owns and loves his Wii.
Quote: Looks like the Wii will be the king by X-mas........unless Halo 3 pushes the 360 higher.
I think the PS3 didn't guess the market right while building the machine....they could have left off the BlueRay and saved the customers hundreds. Oh well.
Your right about Bluray, the PS3 doesn't need it. Games arn't that big yet to need more than DVD9, or worst case you can use multiple discs.
However, it was a gamble on Sony's part to help edge Bluray as the HD Media winner. Since Bluray is currently leading and pulling farther ahead, (note: it's still a long road ahead) maybe thier gamble will pay off.
Quote: Looks like the Wii will be the king by X-mas........unless Halo 3 pushes the 360 higher.
I think the PS3 didn't guess the market right while building the machine....they could have left off the BlueRay and saved the customers hundreds. Oh well.
x2.
IMO PS3 would be king right now if they ignored Blu-Ray and matched the 360 price upon launch. This is coming from someone who owns and loves his Wii.
Quote: At least Microsoft is doing the right thing with this. When people were having all of the problems with the PS2, Sony screwed over their customers and charged for repairs.
PS2 problems were not as wide spread. Sony paid for the repairs as long as it was still under the 1yr warranty and the box wasn't opened. Your comment is pretty much false.
Actually, it wasn't. But, whatever.
If you want to ignore all of the disc-reading errors that happened to MILLIONS of PS2s, that's fine.
A lot of people that I knew were screwed by Sony. They were left with the option of paying for repairs, buying a new PS2, or open the box up and try to fix it yourself.
It's the reason I never purchased a PS2 and got an XBox instead.
I'm with BLADE here.....
My first PS2 worked great for awhile and then it just quit reading the discs....I tried fixing it myself....But no such luck..I didn't have the necessary dough to buy another PS2, or fix my old one, so I was without Video Games for almost half a year.. (I have a new system now though).. I'm definitly waiting/hoping for a PS3 price drop in the near future..
Quote: At least Microsoft is doing the right thing with this. When people were having all of the problems with the PS2, Sony screwed over their customers and charged for repairs.
PS2 problems were not as wide spread. Sony paid for the repairs as long as it was still under the 1yr warranty and the box wasn't opened. Your comment is pretty much false.
Actually, it wasn't. But, whatever.
If you want to ignore all of the disc-reading errors that happened to MILLIONS of PS2s, that's fine.
A lot of people that I knew were screwed by Sony. They were left with the option of paying for repairs, buying a new PS2, or open the box up and try to fix it yourself.
It's the reason I never purchased a PS2 and got an XBox instead.
No actually it was, My PS2 had the disc read error, I sent it to Sony, Had it fixed and I didn't get charged. If people you know got charged it was either 1) past the warranty date or 2) they opened the box to try and fix it themselves.
The 360 failure rate is why Microsoft is doing something. They have to by law. Once you have a widespread problem you must take action or face class action lawsuits which some people already started. So, they upped the warranty, will fix it for free and reimburse anyone who paid in the past. Lawsuit adverted. You think MS did this out of the kindness of thier heart? No, they were being sued.
Sony would of done the same thing if the Disc read error would of been as wide spread as the red ring of death, because they would of had to.
Quote: At least Microsoft is doing the right thing with this. When people were having all of the problems with the PS2, Sony screwed over their customers and charged for repairs.
PS2 problems were not as wide spread. Sony paid for the repairs as long as it was still under the 1yr warranty and the box wasn't opened. Your comment is pretty much false.
Actually, it wasn't. But, whatever.
If you want to ignore all of the disc-reading errors that happened to MILLIONS of PS2s, that's fine.
A lot of people that I knew were screwed by Sony. They were left with the option of paying for repairs, buying a new PS2, or open the box up and try to fix it yourself.
It's the reason I never purchased a PS2 and got an XBox instead.
I'm with BLADE here.....
My first PS2 worked great for awhile and then it just quit reading the discs....I tried fixing it myself....But no such luck..I didn't have the necessary dough to buy another PS2, or fix my old one, so I was without Video Games for almost half a year.. (I have a new system now though).. I'm definitly waiting/hoping for a PS3 price drop in the near future..
How long did it quite after you purchased it? Was is still under warranty and did you call sony before you opened the box?
Quote: At least Microsoft is doing the right thing with this. When people were having all of the problems with the PS2, Sony screwed over their customers and charged for repairs.
PS2 problems were not as wide spread. Sony paid for the repairs as long as it was still under the 1yr warranty and the box wasn't opened. Your comment is pretty much false.
Actually, it wasn't. But, whatever.
If you want to ignore all of the disc-reading errors that happened to MILLIONS of PS2s, that's fine.
A lot of people that I knew were screwed by Sony. They were left with the option of paying for repairs, buying a new PS2, or open the box up and try to fix it yourself.
It's the reason I never purchased a PS2 and got an XBox instead.
No actually it was, My PS2 had the disc read error, I sent it to Sony, Had it fixed and I didn't get charged. If people you know got charged it was either 1) past the warranty date or 2) they opened the box to try and fix it themselves.
The 360 failure rate is why Microsoft is doing something. They have to by law. Once you have a widespread problem you must take action or face class action lawsuits which some people already started. So, they upped the warranty, will fix it for free and reimburse anyone who paid in the past. Lawsuit adverted. You think MS did this out of the kindness of thier heart? No, they were being sued.
Sony would of done the same thing if the Disc read error would of been as wide spread as the red ring of death, because they would of had to.
But, what about the people who got screwed like me, because there PS2 was working, but, all of a sudden, out of the blue, it quit working?
You right on top of that. My Ps3 just got messed up from an update I downloaded, and they offered to exchange it for a free new system. The factory was in Texas, but I got my new Ps3 back in about 4 days! amazing.
Quote: How long did it quite after you purchased it? Was is still under warranty and did you call sony before you opened the box?
It was about 8-9 months...I didn't think to call Sony, because I had no idea they were having problems....(I was like 10-11 years old then)
Well then you can't fault Sony for that then.
If your parents had called Sony they would of gotten if fixed for free. Unless you were a 10yo modder and modded your PS2 to play copied games. Then it would have been no dice.
Quote: ...a gamble on Sony's part to help edge Bluray as the HD Media winner. Since Bluray is currently leading and pulling farther ahead, (note: it's still a long road ahead) maybe thier gamble will pay off.
Good point about the Bluray and it gaining strength.....but, like you said, I think it's too far off to crown a winner in the HDDVD market and when that finally happens, which we still don't know which format will win, the PS3 will be waaaaaaaay behind the 360 and Wii. The PS3 system is "dead man walking" at this point. No big exclusive titles, no mementum, most everyone already has a 360 and/or Wii (or trying to find a Wii), and Sony is still holding a machine that is super expensive to build and sell with a HDDVD format that could end up becoming the Betamax.
The Wii is only going to get stronger (if they can make enough) and the same can be said about the 360. Halo 3 will really surge the sales in three months. GTA IV won't sell many PS3's. It used to be a Sony-only game but now its for the 360 too....and the exclusive downloadable content will be on the 360 only. That will help the 360. I don't see anything in the future that will save the PS3. I really don't.
Sony should already be planning the PS4.
“...Iguodala to Curry, back to Iguodala, up for the layup! Oh! Blocked by James! LeBron James with the rejection!”
I agree PS3 doesn't have a Halo comming out (6-9 million sold) but there are some games that have a very loyal following that are still Sony Exclusives.
Socom Confrontations Metal Gear Solid 4 Final Fantasy 13 (2008)
Also some games that are generating some buzz in: Warhawk Heavenly Sword Lair Home
GTA IV will have exclusive content on the 360 but it won't be available until 3-4 months after it's release and Rockstar hasn't ruled out that the PS3 wont' have it's own exclusive content and said "most likely it will". Sony is in talkes with them.
I forgot about the Final Fantasy and MGS games. I never liked MGS much. Same with FF too. I was always more a first-person shooter, sports games and GTA fan.
“...Iguodala to Curry, back to Iguodala, up for the layup! Oh! Blocked by James! LeBron James with the rejection!”
Quote: I like TPS (Socom, Gears of War), RPG's, Action/Strategy (MGS, Resident Evil, GTA) and Sports games (Madden, NCAA)
I heard NCAA was only running 30 FPS on the PS3.
As well as Madden, I'd like them at 60FPS but EA said that they would have to change some of the code structure to take advantage of the PS3.
Football is a North American game. Not many sales outside the US. With the PS3 only selling about 1.5 Million and then only a % of them will buy the game they won't spend the $$. If sales picks up you will see 60FPS next year.
Someone can easily shop something up, so I hope to see it. Just wish I would have been a little more patient and got the 60 gig, but all that was available in December was the 20g.
Someone can easily shop something up, so I hope to see it. Just wish I would have been a little more patient and got the 60 gig, but all that was available in December was the 20g.
Unless you want the WiFi I hear ya, but if all you want is more storage space buy a 2.5" SATA HDD that's 5000rpm and has 8mb cache. You will lose all of you saved data though. But you can get a 200G for about $180. or at least a 120G for around $100.
The Wi Fi would have been nice. I bought a router, connected the net up to the PS3 and ran the network adapter to the computer. Would have saved some money with the 60g, but it's fine. I still have a lot of room on the HD. I have thought about upgrading if I do run out of room at some point, but I doubt it.
Quote: The Wi Fi would have been nice. I bought a router, connected the net up to the PS3 and ran the network adapter to the computer. Would have saved some money with the 60g, but it's fine. I still have a lot of room on the HD. I have thought about upgrading if I do run out of room at some point, but I doubt it.
I've already used alot of my 60G, but I also installed my FFXI on there. That game alone took up 11G.
Did you check out the Warhawk Youtube vid above? That game is going to rock. It's a must buy on the PS3 IMO when it comes out. You'll see more next week at E3.
At least microsoft is doing the right thing with this. When people were having all of the problems with the PS2, Sony screwed over their customers and charged for repairs.
Actually, I sent mine in, and they fixed it for free. It's funny how you turn all these threads into a PS3/360 debate. You would think you work for Microsoft or something.
[color:"white"]I've always been crazy, but it's kept me from going insane -Waylon Jennings
Yeah, looks like a nice game. That's what I was saying about the games coming out. I dont' like to buy too many, because it's hard to find the time to play them all. And like Socom, when a game like that comes out, I ignore everything else. There are 3 games coming out that are must buys for me:
Madden GTA SOCOM
But there's several others that are intriguing and I may have to check, like Warhawk, RS Vegas and a few others.
I'm into the shooters/war-type games, sports and some racers.
Yeah Ive had my eye on warhawk for awhile. But Ive been expecting, and hoping, for a price drop before i actually break down and buy a PS3. Assassin's Creed looks pretty cool also.
I went threw 2 PS2's and then I got a XBOX and haven't gone back to Sony since. I now have a 360 and love it. Sony would have to drop the price way down for me to even consider getting a PS3 and even then they would have to have a game I really wanted and they don't have that now with XBOX having GTA too.