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Sony is Upping the Price of the Playstation 3

January 26th 2007 17:43
Contrary to popular opinion that a price cut for the Playstation 3 would do good for Sony in terms of Playstation 3 units sold it has instead raised the price.

Canadians will be paying an extra $40 for their Playstation 3’s bringing the price to $700.

I don’t recall a time ever in console history where the price of a console has actually gone up, and certainly never has the most expensive console in history shot up in price.



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6 Comments. [ Add A Comment ]

Comment by AnthonyB

January 27th 2007 05:39
Is that just Canada? I'm looking forward to a PS3 price drop here in Aus... They'll have some sweet bluetooth peripherals.

- Anthony

Comment by Ahmed

January 27th 2007 05:42
A sony spokes person said that a price drop would not be feasible (in all territories) until June 2008 at the latest.

Most people assume Sony will buckle and drop the price, certainly isn't selling right now.

The first price drop *may* come after the release of Metal Gear Solid 4 and Final Fantasy 13 this year, provided Square-Enix and Kojima Studios find their multi-million dollar titles aren't selling enough due to a small install base.

Though the release of those two block busters will probably start shifting Playstation 3 units off the shelves hence increasing install base.


Either way, $850 and $1000 is too expensive.

Comment by Ahmed

January 28th 2007 09:04
Ok, an update.

Sony is not raising the prices of the Playstation 3 in Canada, that move is being made by retailers.

I guess the only way the price is going to be raised here is if retailers take the same route as in Canada.

Comment by Always Eighteen

January 29th 2007 16:55
For the meantime I'm stickin with the Wii. Go the Wii parties!

Comment by Anonymous

January 30th 2007 11:46
Oh man !!! Final Fantasy XIII... My knees buckle at the thought... I LOVE final fantasy... WHERE THE HELL IS CRISIS CORE FOR MY PSP ?!!?

Great work Ahmed and thanks for the info !! You're right, it's too pricey. I'll have to steal one...

- Anthony

Comment by Cibbuano

January 30th 2007 22:52
they'll need to drop the price if they want more people to buy it... I think people are pretty happy with the Wii and the 360...

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