PlayStation VR2 launched at $550 two years ago this month. It was a great virtual reality headset but an intimidating price. Now Sony is dropping it to $400 starting in March amid reports that sales h...
Read Full Article »Sony Finally Slashes The Price Of PlayStation VR2 By $150 But It Might Be Too Late
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Summary
PlayStation VR2 was initially met with high expectations due to its cutting-edge features, but its steep price tag of $550 was a major deterrent for many potential customers. Now, after two years on the market, Sony has decided to slash the price to $400, starting in March.While the discounted price may attract some buyers who were previously deterred by the high upfront cost, it's unclear whether this will be enough to reignite sales.
The fact that reports suggest sales have completely stalled raises questions about the effectiveness of this move as a last-ditch effort to clear inventory.The impact on the gaming industry and VR market as a whole is also worth considering. A significant price drop in a premium product like PS VR2 could potentially set a precedent for future device releases, and may lead to increased competition and downward pressure on prices.