Price cuts

From Video Game Sales Wiki

See also: Launch price

Price cuts in video game system often result in better sales, but may be an indication of slowing demand or an aging system. It may also mean more efficient manufacturing processes. Most price cuts vary from $20 to $50, though $100 reductions have occurred.

When the PlayStation 2 price dropped in June 2002 to $199, sales skyrocketed to a then-record 690,000 units.^[1] A price decrease in mid-October 2007, improved sales for the Playstation 3 from 30K and 40K in week 1 and 2 to 75K and 100K in weeks 3 and 4, respectively.^[2] A further drop to $150 doubled sales again.^[3] After a price cut in Europe for the Xbox 360, sales more than doubled.^[4][5] An Xbox price cut had similar results when it dropped $30 to $150.^[6]

Sony price cuts for various regions.^[7]

Contents 1 Price cuts for the 7th generation 1.1 Xbox 360 1.2 PlayStation 3 1.3 Wii price cuts 2 Price cuts for the 6th generation 2.1 PlayStation 2 price cuts 2.2 Xbox price cuts 2.3 Gamecube price cuts 2.4 Dreamcast price cuts 3 Price cuts for the 5th generation 3.1 PlayStation 1 price cuts 3.2 Nintendo 64 price cuts 3.3 Sega Saturn price cuts 4 See also 5 References 6 References

[edit] Price cuts for the 7th generation

Todo: make graphs

[edit] Xbox 360

Microsoft has at least one Xbox 360 model that is cheaper than the Wii and the PlayStation 3 in all three major territories.

Miscellaneous price cuts: Australia

[edit] PlayStation 3

[edit] Wii price cuts

[edit] Price cuts for the 6th generation

Interestingly, all 3 consoles in the sixth generation of video games dropped their prices in May 2002. Sony was the first with a $100 price cut for the PlayStation 2, followed by Microsoft's Xbox, and then GameCube to keep its price advantage.[39]

The first PS2 price cut for Japan was on June 29, 2001 (1 year and 2 months after launch) to 35,000 yen from 39,800 and then another when Nintendo's and Microsoft's systems arrived on November 26, 2001 to 29,800 yen ($240).[40] The Xbox dropped its initial price of 34,800 yen to 24,800 yen on May 15, 2002.[41] In the same month, Nintendo dropped the price of its Gamecube to 19,800 from 25,000 yen.[42]

In the United Kingdom, the Xbox price was slashed to 199 pounds five weeks after its release.[43] GameCube dropped its price almost two weeks before its release from 149 pounds to 129 pounds.[44][45]

[edit] PlayStation 2 price cuts

[edit] Xbox price cuts

[edit] Gamecube price cuts

[edit] Dreamcast price cuts

[edit] Price cuts for the 5th generation

[edit] PlayStation 1 price cuts

[edit] Nintendo 64 price cuts

Note, in mid-early '98 the price situation is a bit fuzzy. During this time the PS1 Dual Shock system was released at $149, so the old models were marked down to $129. At this time Nintendo had a "limited time" $20 rebate on their $149 N64. Soon, though, the Dual Shock system was put to $129, and the non-Dual Shock systems had ceased production. Nintendo made $129 their standard price too.^[8][9]

[edit] Sega Saturn price cuts

[edit] See also

• Video game costs

[edit] References

[edit] References

• CONSOLE PRICE CUTS: THE EVIDENCE

Video game industry
Sales trends · Holidays · Price cuts · Launch price · Market research · Fiscal reports · Video game costs · Video game delays · Leaks Dev kit · Attach rate · Gaming conventions · Recession · Rumors · Sales bumps · Casual and hardcore games · Game piracy · Grey market · Controversies · Developer disputes · Video game research · Game development

This article is a stub. You can help Video Game Sales Wiki by expanding it.