updated 03:25 pm EDT, Wed September 23, 2009
PS3 shortages may follow $300 price
The PlayStation 3 could face shortages during the holidays if its current sales rate keeps up, SCEA chief Jack Tretton warned today. He explained that PS3 sales have tripled since the price drop to $300 and the slim redesign and that it's "conceivable" a sustained surge could lead to some stores running dry due to demand finally outpacing supply. He didn't provide a more specific estimate for when this could happen.
The price drop alone is known to have led the PS3 to outsell the Xbox 360 and Wii, even with the old 80GB and 160GB models as the only models in stock for the first several days. Microsoft's matching price drop for the Xbox 360 Elite has potentially offset the discount, while Nintendo is also known to be planning a Wii price cut to once again widen the gap between its system and its more advanced but costlier opponents.