Originally posted by Lana
Preorders have sold out because there's only a VERY few available - I think something like 16 per store at EB/Gamestop. And even that doesn't guarantee you'll get a system.
Yes. That's true.
But my point is that people are so adamant for the system, they were willing to pay $100 for an insurance of getting the system at launch when it isn't even fully insured. Hell they were paying $100 for a possibility....
Originally posted by Draco69
At the very launch, it was around $400 to $500 at launch. It wasn't 300 until the price came down. I should know. I waited for it to come down.
I just looked it up. It was $300 at launch.
And saying "preorders sold out" seems much less impressive when you see how few preorders were available.
Originally posted by Lana
And saying "preorders sold out" seems much less impressive when you see how few preorders were available.
Which isn't my point...again. I'm saying that people are still willing to pay an abysmal amount of money on a possibility that's not very possible considering the low supply of PS3s.
I'm alluding to the fact that many gamers have relatively inelastic demand for the PS3 despite the price.
And the fact that the Japan PS3 price has gone down, the Xbox 360's unpopularity in Japan and the rising expectations of the PS3 is showing that demand for PS3s hasn't gone down to the point where it will "bomb" as everyone is foolishly saying....
Here's the Famistu Dev Survey:
http://ps3.ign.com/articles/737/737628p1.html
Despite the price, Japan has very high expectations of the PS3. Considerably above the Xbox 360. Japan basically defines the gaming market as it is.
The Wii is above both in popularity, but I have doubts on it's longetivity considering it's poor technology and it's gimmicky controller that will eventually lose it's appeal after people get over it's "ooh, ahh" factor.
I can't believe the friggin arrogance+stupidity of the people working for Sony.
http://www.dailytech.com/article.aspx?newsid=4507
Sony Exec Says Wii and XBOX 360 are Priced Too High
Brandon Hill (Blog) - October 11, 2006 9:55 AMWii and 360 priced too high compared to the PS3?
We’ve almost come to expect for Sony execs to make off the wall comments when it comes to the current climate in console gaming. We've heard Sony CEO Ken Kutaragi say that the PS3 was "probably too cheap" and just recently European VP Jamie McDonald stated that European gamers "don't mind" delays with regards to the PlayStation 3. Now, we have some commentary from Sony Australia's Michael Ephraim to add to mix.
Ephraim stated that for its intended market, the Nintendo Wii is too expensive despite its "family oriented" roots. "For this Christmas, I think that price point is still not family entertainment because AUD $500 is a lot to fork out, but we welcome the Nintendo heritage of gaming where they can appeal to a broader audience because long-term that is critical for the industry," said Ephraim.
Ephraim concedes that the XBOX 360 has done well in Australia, but that the unit is still a bit on the expensive side. His main problem with the console, which many may agree with, is that the content just isn't there yet. He also goes on to say, "It's still pricey, and I'm sure Microsoft will do everything they can, but if you just look at the offerings from each format and the marketplace that we are now playing in, especially PlayStation 2, it has to be affordable because we are talking about mass-market and non traditional gamers."
How does one respond to such commentary on Wii/360 pricing? It'd be one thing if the PS3 was at price parity or even cheaper than the competition, but it is the console with the higher price tag. In the case of the Wii, the base PS3 is twice as expensive for North American customers. Perhaps Sony is touting its Blu-ray-equipped PS3 as having a lot more value per dollar than its competition, but “value” is a measure that is different for each individual gamer.
Originally posted by Draco69
I'm not arguing that. That wasn't my point.I was arguing that's absolutely asinine, pathetic and just plain immature to actively and provactively bash a console as defunct or broken simply for it's price.
Saying the PS3 technology and games suck because you can't afford is just immature.
On that note, the PS3 currently isn't being marketed towards children. It never has. That' Nintendo's forte. It's being marketed towards young adults and adults.
The demand of PS3s clearly hasn't dropped. It's preorders have already sold out and people are willing to spend $3000 on Ebay for the system. The demand for PS3 is almost considered inelastic by the numbers because people are still buying it for the $600 price.
Also, it's rather early to judge the market since both systems are not out yet and the business cycle hasn't begun. The best time to judge the market is not at the release date but at least two to three years from now.
By way, did you know that the PS2 was sold for $500 dollars when it first released? That's the same price as the current PS3.
Sony didn't dig it's grave then now did it?
Yep, Sony's gonna crash and burn all right:
All those people in line willing to spend $100 on a PRE-ORDER that MAY get them a console on release. That's how high the demand for PS3 is.
First off, I never said that the PS3 sucks... I just said its ridiculously overpriced.
Secondly, how in the hell am I being immature because I don't have a spare $900 to spend on a video game console?
Also, I never said that Sony marketed its console for younger kids... but believe it or not half of my friends little brothers or sisters own a PS2, so yes... a lot of kids like the system
Plus, like Lana said... there were very few amounts of pre-orders which was why so many people are paying an extra $100 to buy the system, and the PS2 was $300 when it came out. Don't lie and say it was $500 because it wasn't... if you bought it for that much than either you suck at shopping or you bought it off of ebay or something.
And finally... all those people who actually are going on to ebay to purchase a system for $3000 just because they want to make sure they get it in time, or have it before everyone else.... are pathetic.
I can't believe the friggin stupidity and arrogance of Microsoft to create a system with such poor security from hacks. Typical Microsoft...
http://www.gametrailers.com/viewnews.php?id=3686
Summary:
Microsoft has responded to a new threat of mod chip activity on the Xbox 360, which lets players bypass the console's security system and play bootlegged games.
Hackers have breached the Xbox 360, and modded consoles are growing in popularity
In a follow up to yesterday's story, reported exclusively by GamePro, we reported on the growing practice of modding Xbox 360s to play pirated games. Today, a Microsoft spokesperson sent a statement to GamePro explaining the company's position.
"The health of the video game business depends on customers paying for the genuine products and services they receive, both from manufacturers and the local companies that support them," the statement reads.
"Microsoft will continue to employ and bolster its anti-piracy security measures to counter piracy in the gaming industry. Opening an Xbox for modification voids the warranty, and may cause the system to work improperly. Moreover, customers can only enjoy access to the Xbox Live community through the use of a genuine Xbox console."
Thanks to an anonymous source, GamePro can also reveal further information regarding the new Xbox 360 mod chips. The modifications work by flashing the console's DVD drive BIOS with new information. Bootleggers must first download "security sectors" from a pirating tools site, merge them with copied game data, and burn the hacked game to a dual-layer DVD using a special process and a specific program before the game will function in the Xbox 360....and even then, it requires a specific model of DVD burner to work.
Due to the somewhat complex copying process, some enterprising pirates have taken to selling copied games for as low as $10 on popular online auction sites. The mod chips themselves are also available for as little as $30.
Piracy costs the video game industry untold millions each year, and the Xbox 360's standard DVD format makes it more vulnerable to such hacks than the more exotic Blu-ray format used by the upcoming PlayStation 3.
Two can play this game...
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Originally posted by Spartan005
First off, I never said that the PS3 sucks... I just said its ridiculously overpriced.
Which is fine.
Originally posted by Spartan005
Secondly, how in the hell am I being immature because I don't have a spare $900 to spend on a video game console?
Can you read?
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I'm saying, it's immature to bash a console's technology, games and the console itself simply for it's price and because you can't afford it.
I can't afford a Porsche but I don't say it's not worth it or a Hyundai is a better value.
That's all I'm saying. Why don't you understand that?
Originally posted by Spartan005
lAso, I never said that Sony marketed its console for younger kids... but believe it or not half of my friends little brothers or sisters own a PS2, so yes... a lot of kids like the system
Most of the people who bought the system at launch were older people or adults.
The lower the price became, the larger the age audience became.
Originally posted by Spartan005
Plus, like Lana said... there were very few amounts of pre-orders which was why so many people are paying an extra $100 to buy the system, and the PS2 was $300 when it came out. Don't lie and say it was $500 because it wasn't... if you bought it for that much than either you suck at shopping or you bought it off of ebay or something.
That's not point. Why do you misinterpret what I say? Don't take literary analysis for the sake of your GPA. I'm talking about consumer demand. The want or need for a consumer product. I'm not talking about numbers or Ebay. The point of those examples were to show that demand for the PS3 hasn't decreased. In fact, with the Ebay craze, it shows that the demand for the PS3 has gone UP.
If people are willing to spend so much money, it speaks of very high inelastic demand, yes?
Originally posted by Spartan005
And finally... all those people who actually are going on to ebay to purchase a system for $3000 just because they want to make sure they get it in time, or have it before everyone else.... are pathetic.
Yes, they are. So are the Xbox 360 fans who spent the same amount of money on Ebay at launch.
Originally posted by General Kaliero
of course, everyone knows that, no matter how "exotic" Blu-ray is now, it'll be hacked, with pirated games being made, probably within the same period of time after launch.Sounds like an annoyingly complicated process for a cheap game, though.
Oh, quite true. All technology gets hacked eventually. But for the PS3 it will probably take a lot longer to do so because of its new and complicated technology. I give it maybe a year or two before hackers (who have no lives whatsoever) can finally crack it.
I don't know why anybody would spend that much money on a cheap game hack but again they do it not for the product for the rush of doing something illegal.
Originally posted by Draco69
Which is fine.Can you read?
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I'm saying, it's immature to bash a console's technology, games and the console itself simply for it's price and because you can't afford it.
I can't afford a Porsche but I don't say it's not worth it or a Hyundai is a better value.
That's all I'm saying. Why don't you understand that?
________________________________________________Again, I never bashed the console's technology.... and again, thats a horrible analogy
___________________________________________________Most of the people who bought the system at launch were older people or adults.
The lower the price became, the larger the age audience became.
_____________________________________________________
Not around here.....
____________________________________________________
That's not point. Why do you misinterpret what I say? Don't take literary analysis for the sake of your GPA. I'm talking about consumer demand. The want or need for a consumer product. I'm not talking about numbers or Ebay. The point of those examples were to show that demand for the PS3 hasn't decreased. In fact, with the Ebay craze, it shows that the demand for the PS3 has gone UP.
If people are willing to spend so much money, it speaks of very high inelastic demand, yes?
_____________________________________________________Nope
____________________________________________________
Yes, they are. So are the Xbox 360 fans who spent the same amount of money on Ebay at launch.
__________________________________________________________Yeah, but my point is that... they're still gay
Sony appears to be creating a false high demand by offering so few preorders.
And a store being able to give 16 preorders does not mean that's how many systems they'll have. Personally, I'm betting launchdate will be hell but I'll probably have to work and get to deal with everyone who assumes that since they preordered, they should get one...as well as the people coming in without preorders and wanting one.
Warning!
The following link may not be suitable for people with heart problems. The image is too shocking and could cause anger and outrage. We highly suggest to use precaution before you click the link.
http://www.joystiq.com/2006/10/10/ps3-preorders-up-on-ebay-down-from-ebay-or-it-begins/
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Are people ****ing serious? ermm
Holy shit, that person lives not far from me, too.