Numbers Discussion Thread
- Thread starter The Wolf King
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You have to consider that the Xbox One virtually sold 3 million + consoles virtually on its own merit--this is without huge blockbusters. Thats a milestone achievement in and of itself. Of course the launch games helped but many were interested in the worlds first all-in-one console, not to mention it had a solid roster of titles
IMHO, I think Microsoft is glad that the launch is over so they can now engage in what they do which is software. and create a better user experience. I'd be excited to begin developing a better user experience with an already solid platform to begin with. I'd also be very excited to announce new and upcoming games that take advantage of the hardware and blow fans minds! This is precisely what they are focusing on as we speak.
Ultimately, I look at this as a two phase process: 1) Accomplish a successful world wide launch of the first all-in-one system that basically sells itself. 2) Build upon that platform and make it even better with updates from fan feedback (Fans opinion are just as important in the creation of the XO as the creators at this stage) and prepare to build momentum by announcing upcoming, great looking games down the pipeline for 2014.
This is just the calm before the storm. And you have to remember; this is the first time fans can not only be excited for upcoming games, but equally excited in how the Xbox One will develop and improve over time with better features.
Thats ridiculous VaLL. You DONT just throw $500 at a console because you cant find the $400 console. Come on mate....
Fair points.
Its marathon, & its early. XBOX ones does have huge potientials, especially with kinect & other UI features.
I just hope they up the pace with the features, so no one will keep taking about whether the extra 100 bucks is worth i, but rather, how the extra 100 bucks make such a big difference to the experience.
sure, but thats quite a bit more when you factor in all the negative press MS has gotten, but it is still selling very well despite that.
Thats ridiculous VaLL. You DONT just throw $500 at a console because you cant find the $400 console. Come on mate....
Actually studies show that in absence of the product a consumer wants, many will purchase a competing product even if it costs more if it's within reason of their budget. Though really you don't need studies to prove that, it's kinda of common sense (or could be common sense to me since I work in marketing and advertising /shrug).
Do you have any evidence of this alleged study or are you just pulling all this from your ass, Ketto? Because honestly, something smells like bulls***!
f*** sakes.
You know what? Never mind. You're not worth my time responding to from here...
yeah idk for me it is incredibly easy to fine a xb1 or ps4 around here, i'd like to see the numbers for that type of situation.
Either way people are really biting on sony's games PR even when their really aren't any AAA exclusives, sony desperately needed a God of War, GT, DC, or Uncharted type game for variety at launch to really fulfill that games angle they are pushing. Hell anything but a shooter, plenty of those as it is. A terrible decision when BF4 and COD launched right beside KZ.
Either way people are really biting on sony's games PR even when their really aren't any AAA exclusives, sony desperately needed a God of War, GT, DC, or Uncharted type game for variety at launch to really fulfill that games angle they are pushing. Hell anything but a shooter, plenty of those as it is. A terrible decision when BF4 and COD launched right beside KZ.
is he "cutting" into your turf or something? Like what I did there with "cutting"?
Maybe some, but not enough to make a large difference.
Fact is, we knew for months that XB1 pre-orders were sold out, and even initially, Xb1s weren't as easy to find either. Both consoles are popular, that's it. Period. Trying to make excuses as to why it sold well makes you sound desperate....somehow desperate to try and prove that no one really wants an XB1, they only got it because PS4s were no where to be found.
It's a strange though you have. We all know that XB as a brand has been insanely popular for years. Why would you think it absurd that people would have actually want and love an XB1?
It make sense to me.
For a company to lower price. normally, these are the reasons. They are not mutual exclusive though.
- Sales are not as good as prediction
- They wanted to more sales, despite meeting expectation.
- They can lower the price due to cost to produce become cheaper
- Pressure from competition (either competition are selling better, or they wanted to pull away)
even if we poll brand popularity, name recognition wise his extreme exaggeration anything PS slant isn't close. Funny still in a disturbing sense...
So sales are not as good as predicted if demand exceeds supply? I don't think you understand what you are saying.
Uh...yeah, no.
Why on earth would you do a price drop when the console is selling at its current price point? There's no logic behind it. You're speaking from a consumer standpoint. You want Microsoft to take the loss to make things more convenient for you but these guys are in this to turn profit, residual profit, for the long term.
There's simply no reason to drop the price right now. 3 million + at $499 and its still selling like hotcakes.
Maybe I'm just not following then.
What I mean is, they shouldn't lower the price until there's more units on the shelves than what they are selling. Which to me means demand is not meeting supply so they should drop the price so that demand goes up.
You are getting supply and demand mixed up backwards. Supply is how many units are available for purchase, and the demand is how many are being bought. You don't lower the price as demand rises and supply lowers.
Right.
So if there are many more units available than what is being bought, then a price drop should happen. So isn't that what I'm saying when I say if demand is not meeting supply, then it's time for a drop?
Or am I just missing the boat? Or are you? Or are we all just crazy?
I actually somewhat agree with VaLLiancE on this one. If an average parent Christmas shopping was to walk into Walmart looking for a PS4 and they saw that they were all sold out but there were X1s in stock, I think that parent who was already going to spend $400 would buy the X1 for $500. They don't want to go home without a gift for little Jimmy, and the guy from Walmart just told them that Call of Duty Ghosts is also on the X1.Thats ridiculous VaLL. You DONT just throw $500 at a console because you cant find the $400 console. Come on mate....
I'm not saying lower the price is supply can't meet the demand. I'm saying lower the price if demand can't meet supply.
So they will pay $100 more for something in this case that is similar in that it is a console and has the same game but $500, but will simply walk away and not buy any number of similar sneakers at a lower price because they cannot find the particular brand/style their kid wanted? Because the cheaper shoe requires discretion in buying, but not items at $400-500 dollars?
Really, you agree with that? You a parent? You buy pricey items that are "similar" to something because you cannot find the specific item a child requested?
That's assuming that the average parent was dropping 500 on a kid for christmas. I'd venture to say that a good portion of consoles sold are from adults that already knew what they wanted. Keep in mind, that "at least"well over a million of those 3 million sold were from pre-orders.
There's way too much of an assumption here that XB1s and PS4s were sold mostly to parents just getting whatever console they could get their hands on for "little Jimmy".
There may have been some instances where that happened. But again, not enough to make any kind of discussion about it. Truth of the matter is that $500 is well, $500. In this case an extra $100 more still takes a moment to consider, not to mention your going to want to know why console B is an extra $100 and if value is equal to that dollar amount.
This isnt an apples to apples debate. The Xbox One and the PS4 are ultimately different when speaking on their primary functions. One is a game console, the other is an entertainment console. If the Xbox One and the PS4 were the same, then I could see the debate. But they arent. If my daughter or son wanted the PS4 and I couldnt find one but discovered that the Xbox One is available for an added $100--I'd want to know why and if its worth my hard earned money. Sure I want to see my babies happy, but its still my money and I've got other priorities to consider too. You know?
Exactly. It's a nonsensical thought. I mean, like I said, a good portion of these sales were from pre-orders (whether day 1 launch editions, or not). Most of these consoles were not purchased by some parent just randomly going into walmart, not finding PS4, and then opting for XB1.
We already knew for months both would do well, and sell out. I can't believe people are now trying to make excuses as to why XB1 did well, when XB has been a solid name for years, with the most in total software sales.
And right now, demand is meeting supply. The consoles are still stilling very well, and got a long way to go before sales start to drop.
I'm not saying that this case caused most of the X1 sales. I definitely don't agree with that portion of Vall's argument. I just am saying that I can see where this situation would and probably has occurred.
And yikes! Should have just kept my mouth shut. Didn't know it'd blow up in my face.
Completely agreed (as I did somewhere earlier in this conversation).
Actually, in the scheme of things I don't know if supply is even a big factor in whether/when the price is dropped anyway. Really, it'll all come down to demand. When people are demanding the X1 enough for MS to justify a $500 price tag, then the price will drop. I think supply right now is just an indication that the demand is plenty high enough. As time goes on though, it probably won't be as good of a indication.
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