This becomes a non-issue if the price of Arcade+HD is the same as the price of the Premium. If the Premium gets upgraded to a 60GB drive, this pricing scheme actually makes a lot of sense.
Xbox 360 50 Euro price cut March 14
- Thread starter iceberg187
- Start date
This becomes a non-issue if the price of Arcade+HD is the same as the price of the Premium. If the Premium gets upgraded to a 60GB drive, this pricing scheme actually makes a lot of sense.
DuckThor Evil
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http://www.megaswap.fi/index.php?kategoria=75&lukumaara=1000&sivu=katalogi
The new pricing is quite interesting in my local game store. Arcade 199€, Pro 269€ and Elite 369€. 40GB PS3 is 435€ and that's cheap here.
Arcade is 50€ cheaper than the Wii.
The new pricing is quite interesting in my local game store. Arcade 199€, Pro 269€ and Elite 369€. 40GB PS3 is 435€ and that's cheap here.
Arcade is 50€ cheaper than the Wii.
DuckThor Evil
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Sony sells the machines to a middle man, who then distributes the consoles to the Scandinavian countries. The official price of the 40GB PS3 in Finland is 479€, like I said that 435€ is cheap in Finland.
DuckThor Evil
Legend
Most countries have a tax, but in Scandinavia Nordisk Film takes a cut too. Is Xbox 360 also 25% pricier than the official European price in Norway?
edit: found the answer myself. Xbox is not 25% more expensive, it's about the same price as in the rest of Europe.
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HDMI or component, wireless controler, Xbox Live silver, 5 free arcade games, a memory card to save games and the ability to play the most next gen games out of the box for 199? what elese is there to explain?
it's a great deal and as good as any system ever sold at 199 in game history.
'Too early'? No kidding its been 4 days....
What I would have liked to have seen is the Arcade dropped completely, and Pro sold at £179.99.
Give it a few more days, but these figures must be a bit disappointing to MS. PS3's lower priced 40 GB saw a 178% sales spike when it appeared. This XB360 spike shows pent up XB360 interest eagerly awaiting a price drop, and if pent up interest is 50% above average, that's not a lot.
Clearly what MS needs is a strong marketing campaign now they've got a better price position. Price alone doesn't seem to be a big enough factor (with this very early analysis!)
Clearly what MS needs is a strong marketing campaign now they've got a better price position. Price alone doesn't seem to be a big enough factor (with this very early analysis!)
I think they will focus their efforts when gta IV will launch.
More when Sony dropped the ps3:
1) no matter how poorly the ps3 was selling it was a playstation with a solid fan base
2) the system was really unaffordable
3) the system was not Two year and half old
So MS is not in this situation, MS would be super happy to just delay for anothers six month the moment when Sony will catch up in Europe
The later the better especially as GT5 is delayed till 2009.
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We are talking about a 36% increase in weekly sales where only Friday and Saturday included the price drop.
That's true. That would compress a significant percentage of ordinary sales into the price-drop week.
The first Xbox 360 price cut which came with the launch of the Elite saw a 260% increase in weekly sales.
And as I understand it, advertising of the price drop did not start until Saturday.
First of all, the PS3 dropped $200. MS price drop is what? 50 euro?
$200>$50. The relative % price cuts are also in the PS3's favor.
The PS3 went from a $600 price tag to a 40gb $400 entry model (the 20gb got discounted and produced in such small quantums that its irrelevant), thus a $200 price cut is a 33% "price cut" !!
The X360 recieved a 50 euro price cut, wich depending on the SKU the price cut in % is between 15% (Elite) and 20% for the Arcade.
Anybody with a basic understanding of economics should know that demand and supply (thus price cuts) dont scale linearly, so i dont see how this is price cut effect is so bad according to you, considering how low the price cut is.
Further they reported a 36% weekly boost (while the campaign and prices where only avaliable from friday, according to people here) Weekends (fri-sat)normally account for 50% of the sales so that would suggest a 72% boost in those two days.
How on earth are you judging these numbers???
If this $50 price cut, results in 50% increased demand into pertuity (or while the console is competetive) this is huge. A 50% boost to demand in the Us would mean the X360 selling between 400-500k monthly in the states outside of the holiday months. That would be absolutely massive.
I'd like to know, on what grounds you say that this is not alot. What are you basing this on?
Your telling me, that a 50% boost in sales for a product(that generates more cash flow to MS than the price cut itself) is dissapointing to MS?
Where do you have your economics degree? Because these economical statements of yours again and again lack insight.
No, it shows basic shifts in supply and demand due moving along an elasticity band. The price cut doesn't mean people have been sitting and waiting for the X360 to drop in price. Not at all, that is a completely wrong conclusion.
It simply means that by lowering the price by 50 euro, X more people found the X360 attractive due to the lowered price. Nothing more.
This is a rather useless comment isn't it? You cannot possibly come to any conclusion thats worth noting, cuz its been two days.
Not only that, but by all economical standards, if they recieve a 36% boost in sales from a 50 euro price cut on a product where the added money from game licencing more than overshadows the cost of the price cut.
MS goal is to make money. This obviously makes them money. They aren't dissapointed at all.
In the first few days the sales increase should be among its highest. After a little time has elapsed the price will be seen as 'normal'.
There just isnt a great deal of demand for the 360 outside the UK, and winter/spring generally isnt a time when a lot of consoles are sold anyway.
I wonder if GTA will sell that many consoles?
There just isnt a great deal of demand for the 360 outside the UK, and winter/spring generally isnt a time when a lot of consoles are sold anyway.
I wonder if GTA will sell that many consoles?
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