PS3 price slash: deals all over UK

Picture courtesy of AFP - Image 1A new report from MCV is saying that prices have been slashed for the month-old console, with some pretty discounts to boot. Retailer Gameseek is leading the charge with a PS3 price of £387.87 (US$ 777), with other retailers selling the console for under £400.

According to Gameseek head Steven Staley, the price cuts were due to the lackluster sales after the initial launch period of the console. Said Staley,

PS3 performed well pre-launch and the first week of release, but since then sales have dropped considerably…

I am sure the deal will help matters. I personally believe the cuts are down to overstocking from launch. Credit goes to Sony for supplying for all of the demand, however this has left most retailers with alot of stock and with the consoles costing around £400 you can imagine, its not healthy for any business to have alot of PS3 consoles gathering dust in a warehouse.

While it doesn’t inspire confidence in the console, games will one of the other deciding factors in this console war. Hopefully the increased sales of the console now will usher in greater game sales in the future as well.

Picture courtesy of AFP - Image 1A new report from MCV is saying that prices have been slashed for the month-old console, with some pretty discounts to boot. Retailer Gameseek is leading the charge with a PS3 price of £387.87 (US$ 777), with other retailers selling the console for under £400.

According to Gameseek head Steven Staley, the price cuts were due to the lackluster sales after the initial launch period of the console. Said Staley,

PS3 performed well pre-launch and the first week of release, but since then sales have dropped considerably…

I am sure the deal will help matters. I personally believe the cuts are down to overstocking from launch. Credit goes to Sony for supplying for all of the demand, however this has left most retailers with alot of stock and with the consoles costing around £400 you can imagine, its not healthy for any business to have alot of PS3 consoles gathering dust in a warehouse.

While it doesn’t inspire confidence in the console, games will one of the other deciding factors in this console war. Hopefully the increased sales of the console now will usher in greater game sales in the future as well.

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