SCi Entertainment’s: We want PlayStation 3 price cuts too

SCi Entertainment wants PS3 price cuts too - Image 1Eidos Interactive parent company SCi Entertainment has just announced its financial results for the year ending June 2007. And among other details, it appears that SCi agrees with many of us gamers in saying that the PlayStation 3 could really use another price cut.

This much we’re picking up based on SCi Chairman Tim Ryan’s statements from the said financial reports. The SCi boss explained that such a price cut would be vital for the console’s long-term success. Here reads Ryan’s statement:

The Board continues to believe in the long-term commercial success of PlayStation 3 but believes this may take more time than originally forecast by Sony. The Board is of the opinion that the key driver to the acceleration of the installed base of PlayStation 3 will be a further hardware price cut.

Ryan further stated that total company revenues for the year were £ 144.0 million ( US$ 291), a 20% decrease from last year’s figures. While the PS3’s already received a hefty 100 US$ price cut last July, Eidos U.S. CEO Bill Gardner stated soon-after that it wouldn’t be enough to draw in the expected mass market that Sony was aiming for.

Then there’s the new mystery PS3 40 GB that’s rumored to be coming out, as well as the analyst speculations that Sony might indeed be introducing more PS3 price slashes come next year. On a last note, it appears that (according to Gamesindustry) that previous speculations of biddings for the SCi Entertainment are indeed true. Current bidders for the company, based on our last report, are Ubisoft, Times Warner, and a third yet-to-be-named Chinese company. We’ll let you know in case we find more details about this last news snippet, given that negotiations are reportedly ongoing.

Via hemscott

SCi Entertainment wants PS3 price cuts too - Image 1Eidos Interactive parent company SCi Entertainment has just announced its financial results for the year ending June 2007. And among other details, it appears that SCi agrees with many of us gamers in saying that the PlayStation 3 could really use another price cut.

This much we’re picking up based on SCi Chairman Tim Ryan’s statements from the said financial reports. The SCi boss explained that such a price cut would be vital for the console’s long-term success. Here reads Ryan’s statement:

The Board continues to believe in the long-term commercial success of PlayStation 3 but believes this may take more time than originally forecast by Sony. The Board is of the opinion that the key driver to the acceleration of the installed base of PlayStation 3 will be a further hardware price cut.

Ryan further stated that total company revenues for the year were £ 144.0 million ( US$ 291), a 20% decrease from last year’s figures. While the PS3’s already received a hefty 100 US$ price cut last July, Eidos U.S. CEO Bill Gardner stated soon-after that it wouldn’t be enough to draw in the expected mass market that Sony was aiming for.

Then there’s the new mystery PS3 40 GB that’s rumored to be coming out, as well as the analyst speculations that Sony might indeed be introducing more PS3 price slashes come next year. On a last note, it appears that (according to Gamesindustry) that previous speculations of biddings for the SCi Entertainment are indeed true. Current bidders for the company, based on our last report, are Ubisoft, Times Warner, and a third yet-to-be-named Chinese company. We’ll let you know in case we find more details about this last news snippet, given that negotiations are reportedly ongoing.

Via hemscott

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