The Financial Times reports today that Sony is re-examining its PS3 price/volume budgeting process - this follows[url=http://news.spong.com/article/12320] news yesterday of GameSeek's sub-£390 PS3 deal.
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The FT reports that, in an effort to ignite sluggish PlayStation 3 sales in Japan and the crucial US market, the company is looking closely at its pricing strategy.
Ryoji Chubachi, Sony's president, said yesterday: "We are re-examining our [PS3] budgeting process in terms of pricing and volume. Sales assumptions change and the market is competitive. We are in the midst of revisiting our strategy for the PS3." Mr Chubachi also said he thought Sony had hit its bullish shipment target of 6 million consoles at the end of March.
As of this morning no one at SCEE was able to respond to our call for clarification on the European pricing.
The FT claims that, “Analysts have said that Sony could lower the price of the PS3 by $100 (£50) in the US and €100/ £68 ($136) in Europe in time for the crucial Christmas sales period.”
Yuji Fujimori, an analyst at Goldman Sachs, has increased the operating loss forecast for Sony's games division to Y70bn ($591.4m) from Y60bn for the current fiscal year ending next March.
SCE President Kaz Hirai, said yesterday, "We're looking at it as a marathon rather than a sprint…The real test of a platform's [longevity] is in three years from now or five years from now."
Sony's games division in Europe is to cut up to 160 jobs (8 per cent of its workforce) with further announcements on the job losses due later today. Stay tuned for the latest on that.