JKKDARK
August 8th, 2007, 03:28
via AfterDown (http://www.afterdawn.com/news/archive/10653.cfm)
Michael Pachter, one of the video game industry's leading analysts has predicted that there will be a PlayStation 2 price drop coming before the holiday season and another price drop for the PlayStation 3 alongside the release of GTA IV and MGS4 in 2008.
"Although we do not expect another PS3 price cut this year, we think a price cut for the PS2 is possible," said Pachter in his latest note to investors. "Any hardware price reduction could serve as a catalyst for sales growth later in the year."
"We do expect Sony to be in a position to cut the price of the PS3 in early 2008, when blockbuster games Grand Theft Auto IV and PS3 exclusive Metal Gear Solid 4 will launch," he added.
The PS2 is still the most played console, by far, but it is sometimes forgotten in the shadows of the "next gen" consoles. A price drop on the system should be great for sales and continue to push the system to new customers.
Michael Pachter, one of the video game industry's leading analysts has predicted that there will be a PlayStation 2 price drop coming before the holiday season and another price drop for the PlayStation 3 alongside the release of GTA IV and MGS4 in 2008.
"Although we do not expect another PS3 price cut this year, we think a price cut for the PS2 is possible," said Pachter in his latest note to investors. "Any hardware price reduction could serve as a catalyst for sales growth later in the year."
"We do expect Sony to be in a position to cut the price of the PS3 in early 2008, when blockbuster games Grand Theft Auto IV and PS3 exclusive Metal Gear Solid 4 will launch," he added.
The PS2 is still the most played console, by far, but it is sometimes forgotten in the shadows of the "next gen" consoles. A price drop on the system should be great for sales and continue to push the system to new customers.