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Author Topic: Just how expensive is PS3 going to be???  (Read 13073 times)

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shmokes

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Just how expensive is PS3 going to be???
« on: July 30, 2005, 01:21:12 pm »
First Ken Kutaragi (guy in charge of PS3) says that PS3 is going to be really expensive but he hopes people will want it so badly that they will decide that they will work more hours to be able to afford it.  Now he just said,
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Re: Just how expensive is PS3 going to be???
« Reply #1 on: July 30, 2005, 02:09:28 pm »

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Re: Just how expensive is PS3 going to be???
« Reply #2 on: July 31, 2005, 10:10:33 pm »



For that kinda money I better not need that paddle! It should be able to read my mind! :)

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Re: Just how expensive is PS3 going to be???
« Reply #3 on: July 31, 2005, 10:47:58 pm »

For that kind of money, it had better be made by Nintendo instead.

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Re: Just how expensive is PS3 going to be???
« Reply #4 on: July 31, 2005, 11:50:52 pm »
i have a feeling that is not a real promo or accurate quote.  if you do the math, that is nearly 4500-5000 bucks.  there is no way that the new PS3 is goin to cost more than most computers.  even the 360 is being marketed as a home PC and it costs less than a normal computer.  the odds of that are "3,724 to 1....  but he has been known to make mistakes... from time to time".

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Re: Just how expensive is PS3 going to be???
« Reply #5 on: August 01, 2005, 12:56:27 am »
i have a feeling that is not a real promo or accurate quote. 
Nope. Just some good-natured mocking of actual Kutaragi statements(the 2 large-print statements are actual quotes from actual interviews). The man's a comic genius.

Quote
the odds of that are "3,724 to 1....  but he has been known to make mistakes... from time to time".
And congratulations. You've won the geek of the year award with that sentence.

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Re: Just how expensive is PS3 going to be???
« Reply #6 on: August 01, 2005, 01:25:21 am »
i have a feeling that is not a real promo or accurate quote.  if you do the math, that is nearly 4500-5000 bucks.  there is no way that the new PS3 is goin to cost more than most computers.  even the 360 is being marketed as a home PC and it costs less than a normal computer.  the odds of that are "3,724 to 1....  but he has been known to make mistakes... from time to time".

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Re: Just how expensive is PS3 going to be???
« Reply #7 on: August 01, 2005, 02:46:19 am »
Yeah that image is from an editorial on ign.  Kutaragi has said some wild things in interview lately.  I don't know if his statments are being mistranslated or what the deal is.  I have a feeling despite what he said, the ps3 will cost about the same as the 360. 

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Re: Just how expensive is PS3 going to be???
« Reply #8 on: August 01, 2005, 07:16:26 am »
whats worse is we are looking at the very real likelyhood of 100.00$ games.
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Re: Just how expensive is PS3 going to be???
« Reply #9 on: August 01, 2005, 01:25:15 pm »
i have heard it will cost between

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Re: Just how expensive is PS3 going to be???
« Reply #10 on: August 01, 2005, 01:58:44 pm »
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Re: Just how expensive is PS3 going to be???
« Reply #11 on: August 01, 2005, 03:54:14 pm »
Quote
And congratulations. You've won the geek of the year award with that sentence.

he he he... finally... someone who appreciates humor based on completely nerdly topics.

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Re: Just how expensive is PS3 going to be???
« Reply #12 on: August 01, 2005, 10:36:47 pm »
Yeah that image is from an editorial on ign.  Kutaragi has said some wild things in interview lately.  I don't know if his statments are being mistranslated or what the deal is.  I have a feeling despite what he said, the ps3 will cost about the same as the 360. 
I think Kutaragi's just gone of the deep end. These things are too widespread to be mistranslations.
But he's got power so he's eccentric, not crazy.

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Re: Just how expensive is PS3 going to be???
« Reply #13 on: August 01, 2005, 11:21:29 pm »
It will now make more sense to buy the arcade kits new rather than a console :o
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Re: Just how expensive is PS3 going to be???
« Reply #14 on: August 02, 2005, 12:07:53 am »
I'm guessing a $400 - $500 system. I really want one so I hope they aren't more than that.


shmokes

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Re: Just how expensive is PS3 going to be???
« Reply #15 on: August 02, 2005, 02:55:39 am »
Yeah....PS3 holds top spot in my mind right now.  I really hope Ken is blabbing nonsense cos I want one too.  This is coming from someone who currently owns a Gamecube and Xbox but still doesn't have a PS2 (and don't plan to ever get one -- especially if I get a PS3).

I don't think Nintendo is going to be a real competitor in the next gen.  I get the impression that they agree.  I hope I'm wrong, cos that's who I would most like to win it.  I have always considered myself a Nintendo guy first, but I think this will be the first generation of videogames where I buy someone else's system before Nintendo's (Atari doesn't count cos I was so young I had nothing to do with getting that system).  And I doubt I will buy any system until all three are on the market and have come down in price a bit because I have so little time now (a status that is unlikely to change within the next four years) and so many games already.

$400-$500 is too much.  If it is more than $400 ($399 to be more precise) it will fail.  I suspect that Sony will realize that maybe they overshot the specs and will have to take an extra big loss, but that's better than losing the number one spot altogether.  To this end they will make it $349 and just take an enormous loss on each piece of hardware.  They can't afford to lose the number one spot.  Look at PS2.  It's nearing 100 million sold while the nearest competitior wallows at less than 20 million.  PS2 represents by far the bulk of Sony's profits.  We're talking about one of the biggest consumer electronics manufacturers in the world.  The inventor of the Walkman and Discman.  And the Playstation represents over half the company's profits.

um....okay...i'm done.  Maybe I'll edit this tomorrow and cut it down.  I've had a lot of wine tonight.  I think I'm running off at the mouth. 
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Re: Just how expensive is PS3 going to be???
« Reply #16 on: August 02, 2005, 10:50:44 am »
you can whine however much you want about the price, but just remember a pc with similar specs would cost around

pointdablame

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Re: Just how expensive is PS3 going to be???
« Reply #17 on: August 02, 2005, 12:06:20 pm »
you can whine however much you want about the price, but just remember a pc with similar specs would cost around
« Last Edit: August 02, 2005, 12:08:15 pm by pointdablame »
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Re: Just how expensive is PS3 going to be???
« Reply #18 on: August 02, 2005, 12:11:21 pm »
you can whine however much you want about the price, but just remember a pc with similar specs would cost around

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Re: Just how expensive is PS3 going to be???
« Reply #19 on: August 02, 2005, 12:41:53 pm »
consoles may not be getting any more unreliable, but they are becoming more and more like pcs, and pcs are becoming more and more easier to use, i mean, compare the home computers of the megadrive's and NES's era, they were alot harder to use.

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Re: Just how expensive is PS3 going to be???
« Reply #20 on: August 02, 2005, 12:51:21 pm »
Quote
nintendo's console isnt going to be very revolutionary at all, it only has a single core processor, infact the only good thing about it is the price... which reinforces my idea that nintendo have given up trying to go for "mature gamers" (is there such a thing?) and aiming at younger children.

they have always been that way... sure there are those few "adult games" but c'mon we gotta be realistic here...

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Re: Just how expensive is PS3 going to be???
« Reply #21 on: August 02, 2005, 12:53:11 pm »
consoles may not be getting any more unreliable, but they are becoming more and more like pcs, and pcs are becoming more and more easier to use, i mean, compare the home computers of the megadrive's and NES's era, they were alot harder to use.


That has next to zero impact on the console gaming industry.  Gaming sees three main camps.... PC gamers, Console gamers, and gamers who play both.  Finding "easier" ways to use a PC will not convert console gamers to PCs.  Making console more "PC-like" will not convert PC gamers, and those who play both will continute to play both.

Consoles are becoming more and more like PCs simply because the technology behind them.  They may be similarly spec'd out when compared to a PC, but they are very VERY different beasts.  Even teh Xbox, which is admittedly a PC in a console suit, is not an actual PC.  There are very distinct differences between the two that will not change anytime soon.

PCs will survive, Consoles will survive.... I'll put up my MAME machine on that bet.
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Re: Just how expensive is PS3 going to be???
« Reply #22 on: August 02, 2005, 12:56:48 pm »
consoles may not be getting any more unreliable, but they are becoming more and more like pcs, and pcs are becoming more and more easier to use, i mean, compare the home computers of the megadrive's and NES's era, they were alot harder to use.

Not really.

Consoles are certainly more technically advanced, but they are still light years ahead of PC when it comes to ease of use. PC's will NEVER attain that ease. Being that they are comprised of any parts a user wishes to put into them, from whatever brand/manufacturer, to do any number of tasks for different people... The amount of customization there will always mean that there will be extra steps in running games, which is still what gaming consoles are primarily about, and will always be.

PC's are were no harder to use back then. You had command line vs mouse click, but there is so many other things that make PC's just as difficult today. What with security issues that arise from simple browsing of the internet (I have seen countless computers crippled by malicious cookies, and the problems they bring) to viruses, trojan horses, and other things that make PC's MUCH more complicated then they were back in the day.

Maybe configuring hardware is easier today, but configuring software has easily tipped the scales the other way.


Even with the expandability that is looking to show up in the next generation consoles, we are not going to see any rise in complication to the user.
« Last Edit: August 02, 2005, 01:00:07 pm by versapak »

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Re: Just how expensive is PS3 going to be???
« Reply #23 on: August 02, 2005, 12:58:26 pm »
Quote
I'm not sure I understand this at all.. how exactly will the PS3 or 360 be as easy to mess up as a PC?  It is still a dedicated console.  At its heart, you put in a disc, and the game plays.  Sure it has other functions, but it is a game machine.  How have you screwed up your PS2 or Xbox? I know I haven't.  Consoles will remain MUCH simpler than PCs this coming generation.

it is very easy to do, especially with the ability to mod current systems to run OS's like Linux, etc.  i can probably do a search within the forums and turn up who knows how many reports of modding gone bad and a ruined system.  and in principle, yes they will remain simple, but compare the way that a PS2 works with, say, a SNES.  how simple was SNES... insert cartridge, turn on power.  wah lah.  gaming.  now you can do so many things with PS2.  Wanna watch a movie?  put in a disc.  wanna edit that memory card?  make sure there are no discs in the system, select which feature you want to go to (memory card manager), wait for loading of memory card..... etc.  much much more complicated than even 10 years ago. 

anyway... I am done ranting.... i think i haved pissed enough people off now.   ;D  (if I did... please dont hurt me.  Hey... you wouldn't hit a guy with glasses, would ya?)


you aren't seriously going to use that logic are you??

You aren't supposed to mod your systems.  I have a modded Xbox and PS2 and yes that would be easy to mess up... but that isn't the point.  Ultramangus said consoles are getting harder to use or more like PCs or whatever... no they aren't.

Out of the box, you put in a game and it loads.  Forget loading linux and modding systems... that is not supposed to happen.  If you buy a car and drop a twin turbo setup in it and crank it to 800HP then blow the thing up, will you say cars are getting unreliable?  Of course not... you did it yourself.

and seriously... editing a memory card is hard? Harder than an SNES?  It's a simple GUI.  It's a click or two to get where you want to go.  Playing DVDs on a PS2 or Xbox is no harder than using a DVD player... do you have trouble with that?  This is not complicated stuff folks... especially when in the same paragraph you talk about modding a system and loading an unsupported OS on it... but then say its hard to delete your Metal Gear Solid game save from your PS2
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shmokes

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Re: Just how expensive is PS3 going to be???
« Reply #24 on: August 02, 2005, 01:20:09 pm »
You know what just occurrred to me...

We all know that the console manufacturers (with the possible exception of Nintendo) are going to lose A LOT of money on the machines, especially when they are first released.
« Last Edit: August 03, 2005, 10:57:15 pm by shmokes »
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Re: Just how expensive is PS3 going to be???
« Reply #25 on: August 04, 2005, 12:37:47 am »
I think you American kiddies should be thankful how cheap your consoles have been for so long.

Here in Australia we have low population density and high shipping costs.  We have always paid 20-80% more than you guys on all hardware and software since time began.

In the US it's not uncommon for companies to sell consoles at a considerable loss and make the profits back on games.

Consider for a moment the hardware we are talking about in these consoles.  The XBox360 is talking about three PowerPC970 processors, and the PS3 similarly specced/performance Cell processors (based on the PowerPC design with a few modifications).   That's starting to get into the processing power of midrage professional 3D workstations and powermacs.  It's not uncommon for these to retail at US$1000+, so seeing a console with thise sort of power going for $US 300-400 is a steal, when you think about it.

And outside of that, consumers are the ones who have started this "who's got the most bling factor" contest among consoles.  It seems people care far more about how many billions of polygons a system can push, or what final resultion or shader level it supports rather than the quality of the games bundled.  And as long as that happens, console makers will sacrifice a price-point to make sure they have the most whiz-bang system on paper.

But no matter how great consoles seem to be, it doesn't stop the fact that one in ten console games are utter tripe with no playability or replay factor.  Perhaps online gaming will fix that, but you sure as hell don't need 3GHz of processing power for that. :)

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Re: Just how expensive is PS3 going to be???
« Reply #26 on: August 04, 2005, 01:26:45 am »
I can completely envision a time when the PC becomes more like the game console and the game console will be more like the PC. I envision instant-on capability and instant games, but also instant web browsing and productivity software all from one device. In my head I have a picture of a Pocket PC, but with far superior specs that could handle anything thrown at it.

I can totally see PC's being replaced with set-top boxes. And while you're at it, why not throw the games onto it? TV resolutions are only getting better. It won't happen with the coming generation of consoles. It won't come the with generation following it, either. But 3 generations from now, I think we're going to see a mass convergence.


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Re: Just how expensive is PS3 going to be???
« Reply #27 on: August 04, 2005, 01:38:53 am »
I think were all forgetting about the "boom to bust" cycle of video games.  Right now there is an incredible boom in video games, but there will be a bust.  I try not to think three or four generations ahead in console gaming.  It is very possible that we could see next generation consoles that not enough people want.  I still remember buying Atari and Intellivision carts from the clearance bin for .99 cents.  It was a long dry spell before people were willing to shell out big dollars for a new console.

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Re: Just how expensive is PS3 going to be???
« Reply #28 on: August 04, 2005, 02:37:11 am »
It's not a matter of whether the consoles are worth $500.  It's a matter of whether people will pay that much money for them in large numbers (they won't, by the way).  A particular yaught might be an absolute steal at $3.5 million dollars but that won't have many people lining up to buy it.

It's stupid for a manufacturer of any product to price their product out of the range of their target audience. 

And there will be no bust for videogames.  Sure they will have good years and bad years, good quarters and bad quarters, but videogames have reached a critical mass that ensures their permanency.  Atari didn't sell 100 million consoles worldwide.  The average age of an Atari player wasn't well into adulthood.  Videogames rival Hollywood now in terms of revenue and consider that technologically they are still in their infancy, with unrealistic graphics, physics, AI and downright primitive control interfaces.  Movies have practically peaked technologically.  Movies like the Lord of the Rings and the new Star Wars Movies show that we can now show anything we want on film and make it look completely real, as if that object or creature actually exists in the real world and was being shot on film.  Movies can't really move much further technologically without becoming something completely different.

Videogames are only going to continue to grow and as they develop more sophisticated, intuitive interfaces more and more non-traditional gamers will be attracted to the medium.  Videogames will eventually supplant movies in the same way movies supplanted books (which is to say Movies will be around in a big way for a long time, but won't be nearly as popular or relevant as videogames).

There's my forcast.  And I'm god.
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Re: Just how expensive is PS3 going to be???
« Reply #29 on: August 04, 2005, 05:48:37 am »
I think were all forgetting about the "boom to bust" cycle of video games.  Right now there is an incredible boom in video games, but there will be a bust.  I try not to think three or four generations ahead in console gaming.  It is very possible that we could see next generation consoles that not enough people want.  I still remember buying Atari and Intellivision carts from the clearance bin for .99 cents.  It was a long dry spell before people were willing to shell out big dollars for a new console.

Geo

Very good points.  I consider the last console bust to be just at the end of the SNES/Genesis (MegaDrive) era.   2D consoles were starting to die, and 3D consoles were creeping in.  We had the 3DO, Sega Saturn and Nintendo N64 all come along and do pretty poorly (N64 being the only one that actually survived, I think).

The boom just before that was MASSIVE.  Consider the sheer volume of games in the SNES and Genesis/MegaDrive libraries... they were staggering!  Before that NES/Master-System games were big also thanks to the sudden advent of cheap home electronics.

The next rise post Satrun/N64 didn't really get moving until the PSX/Dreamcast, and even that wasn't as huge as the PS2 and XBox.

The PS3 and XBox360 don't yet represent anything better than what the  PS2 and XBox offer.  Hi-res is all nice and peachy, but 99.99% of the market still play games on SD resolution TVs.  7.1 sound is cool, but I'm still playing my games through a stereo television.

I'm curious as all buggery as to who will buy the new consoles.  Of course there will be the rich kids and have-to-haves who camp outside the stores and buy them at midnight.  But I really don't think (a) the original PS2 and Xbox will die qucikly (unless imposed by their makers) and (b) if given the choice of a $100 PS2/Xbox or $300-400 PS3 or Xbox360 that a casual gamer will take the more expensive option.

I'm sure Microsoft and Sony are both well aware that neither are offering anything mind-blowingly new to the market (can you really ever beat the 2D->3D jump in terms of wow factor?). 

Interesting times ahead.

versapak

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Re: Just how expensive is PS3 going to be???
« Reply #30 on: August 04, 2005, 10:47:07 am »
Very good points. I consider the last console bust to be just at the end of the SNES/Genesis (MegaDrive) era. 2D consoles were starting to die, and 3D consoles were creeping in. We had the 3DO, Sega Saturn and Nintendo N64 all come along and do pretty poorly (N64 being the only one that actually survived, I think).

The boom just before that was MASSIVE. Consider the sheer volume of games in the SNES and Genesis/MegaDrive libraries... they were staggering! Before that NES/Master-System games were big also thanks to the sudden advent of cheap home electronics.

The next rise post Satrun/N64 didn't really get moving until the PSX/Dreamcast, and even that wasn't as huge as the PS2 and XBox.

The PS3 and XBox360 don't yet represent anything better than what the PS2 and XBox offer. Hi-res is all nice and peachy, but 99.99% of the market still play games on SD resolution TVs. 7.1 sound is cool, but I'm still playing my games through a stereo television.

I'm curious as all buggery as to who will buy the new consoles. Of course there will be the rich kids and have-to-haves who camp outside the stores and buy them at midnight. But I really don't think (a) the original PS2 and Xbox will die qucikly (unless imposed by their makers) and (b) if given the choice of a $100 PS2/Xbox or $300-400 PS3 or Xbox360 that a casual gamer will take the more expensive option.

I'm sure Microsoft and Sony are both well aware that neither are offering anything mind-blowingly new to the market (can you really ever beat the 2D->3D jump in terms of wow factor?).

Interesting times ahead.




Your accounting of history is quite other worldly.

There was most certainly no bust after the SNES/Genesis days. Sega messed up with the Saturn, because they lost a lot of trust with their lack of support for the Sega CD & 32X. Playstation was released right after saturn, long before N64 even hit, and is one of the most successful consoles of all time. As for 3DO... That thing was destined to fail, because of the ridiculous price tag it carried.




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Re: Just how expensive is PS3 going to be???
« Reply #31 on: August 04, 2005, 12:30:32 pm »
Ditto

There ain't no bust coming.  Someone was talking about convergence and there's a lot of truth to that.  The PC is going to regress back to a productivity tool.  It's great that it is a veritable swiss army knife and can do so bloody much, but in the end, people don't want to listen to their music on their PC.  They don't want to watch movies in their office.  Consoles, as well as convergence in other home electronics, such as adding hard drives to CD players so you can just rip your music right to your home stereo, are going to drive many of the computing tasks that occupy our current CPUs out into the living room.

The next gen consoles (Nintendo excluded) are obviously gearing up for this paradigm shift in consumer behavior.  Sony and MS know that this stuff is going to be huge, and they're right.  I've been using Xbox Media Center for a couple years now and it is just light years beyond what other people are doing with DVDs and CDs and stuff.  It's a total revolution in the way media is handled, but it's completely intuitive and easy to use.  I have modded 5 Xboxes in the last 2 months for friends and family and 2 of those are for people who have never had any interest in videogames and have no intention of playing videogames on it.  I don't sell them on it.  They just come to my house one day and see me browsing through all my media on my TV screen and say, "Hey.....what are you doing?"  And that's that.  I've got two more brothers that are going to get one within the next few months and neither of them have any interest in games.

So anyway....yeah, there's no bust around the corner.  The videogame industry has never been larger or healthier and it is only set to grow and mature.   We've got a long way until we have hollodecks.  :)
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Re: Just how expensive is PS3 going to be???
« Reply #32 on: August 04, 2005, 01:37:45 pm »

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Re: Just how expensive is PS3 going to be???
« Reply #33 on: August 04, 2005, 05:36:40 pm »
Your accounting of history is quite other worldly.

There was most certainly no bust after the SNES/Genesis days. Sega messed up with the Saturn, because they lost a lot of trust with their lack of support for the Sega CD & 32X. Playstation was released right after saturn, long before N64 even hit, and is one of the most successful consoles of all time. As for 3DO... That thing was destined to fail, because of the ridiculous price tag it carried.

My account is based on Austalian release dates and sales, which are obviously typically and totally arse about thanks to the standard console marketing techniques from Japan and the US.

And then they all get cranky at us for grey importing consoles instead of being good little consumers and waiting 6-12 months for an official release.  Hello?  Simultaneous worldwide release anyone?  Welcome to the global market.

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Re: Just how expensive is PS3 going to be???
« Reply #34 on: August 04, 2005, 06:02:03 pm »
My account is based on Austalian release dates and sales, which are obviously typically and totally arse about thanks to the standard console marketing techniques from Japan and the US.

And then they all get cranky at us for grey importing consoles instead of being good little consumers and waiting 6-12 months for an official release. Hello? Simultaneous worldwide release anyone? Welcome to the global market.




Ahhhhh

Yes.


Please excuse the moronic, "I am American, and so the rest of the internet world is as well" brain farts I tend to suffer from occasionally. :)



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Re: Just how expensive is PS3 going to be???
« Reply #35 on: August 04, 2005, 09:19:37 pm »
Ahhhhh

Yes.

Please excuse the moronic, "I am American, and so the rest of the internet world is as well" brain farts I tend to suffer from occasionally. :)

Nah, all good.  (a) It's an American board, so no foul and (b) it really sucks to be a gamer outside of the US or Japan.

Everything's screwey, expensive and late over here.  You guys really do have it so much better over there.  Just spare a thought for us poor little "middle-of-nowhere" type folks who have to wait 6 months for hardware and then pay 20% more than you did at release, despite titles already appearing in your local bargain bins. :(

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Re: Just how expensive is PS3 going to be???
« Reply #36 on: August 04, 2005, 09:43:35 pm »
Ahhhhh

Yes.

Please excuse the moronic, "I am American, and so the rest of the internet world is as well" brain farts I tend to suffer from occasionally. :)

Nah, all good.  (a) It's an American board, so no foul and (b) it really sucks to be a gamer outside of the US or Japan.

Everything's screwey, expensive and late over here.  You guys really do have it so much better over there.  Just spare a thought for us poor little "middle-of-nowhere" type folks who have to wait 6 months for hardware and then pay 20% more than you did at release, despite titles already appearing in your local bargain bins. :(


wow man, that sucks.

Sorry :)  I'll have a moment of silence for you guys when I'm playing my new consoles  :P
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Re: Just how expensive is PS3 going to be???
« Reply #37 on: August 04, 2005, 10:54:12 pm »
I just beg to differ with most of you.  There is likely to be a bust.  All it takes is one generation of kids to find something other than video games to bust the market.  Don't believe me?  Go to the Arcade at the mall and play some video games...wait there is no Arcade at the mall.  I'm not saying video games will die.  Just that there will be periods of little or no new development, caused by lack of interest or by lack of money.  Leisure spending is the first to go in tough times.  Health insurance premiums have risen 60% over the last three years on average, gas and food prices are on the rise etc...  If it continues and revenue increases do not keep up, Leisure products will suffer.  It happens over and over historically.  Also, market saturation is a factor.  The PC industry just recovered from a "bust" that they predicted would never happen.  This was mostly due to market saturation. 

Just my opinion
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Re: Just how expensive is PS3 going to be???
« Reply #38 on: August 05, 2005, 12:13:56 am »
I believe the bust will come when the games that come out don't innovate enough to catch the attention of your average gamer.
I hope this never occurs but it's bound to happen.  Also, more and more companies are taking less risks and are releasing sequels.  Now I will play sequels and be happy but if this trend continues I think people will eventually become starved for a new creative game.

I can't wait for the future to see who guessed the correct price for the PS3. . .
« Last Edit: August 05, 2005, 09:51:11 pm by JONTHEBOMB »

versapak

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Re: Just how expensive is PS3 going to be???
« Reply #39 on: August 05, 2005, 01:31:19 am »
I just beg to differ with most of you. There is likely to be a bust. All it takes is one generation of kids to find something other than video games to bust the market. Don't believe me? Go to the Arcade at the mall and play some video games...wait there is no Arcade at the mall. I'm not saying video games will die. Just that there will be periods of little or no new development, caused by lack of interest or by lack of money. Leisure spending is the first to go in tough times. Health insurance premiums have risen 60% over the last three years on average, gas and food prices are on the rise etc... If it continues and revenue increases do not keep up, Leisure products will suffer. It happens over and over historically. Also, market saturation is a factor. The PC industry just recovered from a "bust" that they predicted would never happen. This was mostly due to market saturation.

Just my opinion
Geo


Video gamers span several generations now though, and that will continue to be the case for now and evermore.

Arcades did not die because kids stopped gaming. They died, because kids could get arcade quality gaming at home (or at least close enough to).