Pachter speculates about PS3 price cut
Jack Tretton already said that the PS3 is harder to cost reduce than the PS2. He already mentioned that PS3 price cuts aren’t gonna be as soon and as low as that of the PS2, but analyst Michael Pachter doesn’t seem to believe that. He mentioned that the PS3 will sell out in Europe by May and that a price cut of more than 150 Euro (roughly US$ 193) could be expected in 12 months.
He said in a GamesIndustry.biz report that “the PS3 can command GBP 425 from the hardcore and I think you’ll see price cuts a year from now, probably to GBP 300.” He also doesn’t believe that the PS3’s late launch in PAL is gonna cause any big problems for Sony. He said that:
March is not too late, given Sony’s production problems and only 800,000 Wiis sold in Europe last quarter…My guess is that the Wii will be up to near 1.6 – 2 million by March 23, but that is far from an insurmountable head start.
March is not too late and there’s gonna be a PS3 price cut in 12 months. It all boils down to who would you believe more, Pachter or Tretton?
Jack Tretton already said that the PS3 is harder to cost reduce than the PS2. He already mentioned that PS3 price cuts aren’t gonna be as soon and as low as that of the PS2, but analyst Michael Pachter doesn’t seem to believe that. He mentioned that the PS3 will sell out in Europe by May and that a price cut of more than 150 Euro (roughly US$ 193) could be expected in 12 months.
He said in a GamesIndustry.biz report that “the PS3 can command GBP 425 from the hardcore and I think you’ll see price cuts a year from now, probably to GBP 300.” He also doesn’t believe that the PS3’s late launch in PAL is gonna cause any big problems for Sony. He said that:
March is not too late, given Sony’s production problems and only 800,000 Wiis sold in Europe last quarter…My guess is that the Wii will be up to near 1.6 – 2 million by March 23, but that is far from an insurmountable head start.
March is not too late and there’s gonna be a PS3 price cut in 12 months. It all boils down to who would you believe more, Pachter or Tretton?
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