- The Nintendo Wii was introduced in 2006.
- The Sony PlayStation 3 was introduced in 2006.
- The Microsoft Xbox 360 was introduced 2005.
2005! Maybe that's why gaming console sales have slowed. How long ago was 2005? For comparison, in 2005, Hurricane Katrina hit the U.S. The Steelers won the SuperBowl, the Spurs won the NBA Finals, the White Sox won the World Series, and no one won the Stanley Cup (labor dispute). A 19" LCD monitor for $300 was a good deal ($300 bags you a 27" LCD monitor now). So was a 250GB hard drive for $70 (which can now get you 1.5TB, which is 6x more). In 2005, writers continued to cite irrelevant historical factoids in a clichéd effort to add weight to how old something was.
Onto the predictions. The Nintendo Wii will be available for $99. That's a steep 50% off the current list price, but we've seen close prices once before.
The Sony PlayStation 3 is traditionally not steeply discounted for Black Friday. Expect to pay $249, which is only 8% less than last year's price.
The Xbox 360 is a bit more complex. A year ago, Microsoft had a version of the Xbox 360 without a hard drive, called the Xbox 360 Arcade. It cost $200. There's a new Xbox 360 Arcade available, now with a 4GB flash drive. It also costs $200. Last year, Walmart pioneered Black Friday gaming by selling the Xbox 360 Arcade with a $100 Walmart Gift Card for $200. Amazon did the same. We're predicting that the stars will align to recreate that same deal this year: the Xbox 360 Arcade (new hotness) for $200, with a $100 credit at a major store.
And what about the Xbox 360 with a real hard drive? The Xbox 360 with a hard drive was not discounted last Black Friday. In fact, it was more expensive last November than in preceding months. This year, we expect light discounting. Expect to find a deal for $199, a modest 5% drop from the best deals we've recently seen.
Summary: Black Friday Predictions for Video Game Consoles
- Nintendo Wii for $99
- Sony PlayStation 3 for $249
- Microsoft Xbox 360 Arcade (new) + $100 gift card for $199
- Microsoft Xbox 360 with Hard Drive for $199