PS3 price drop (prediction)
Arvind Bhatia, analyst from Sterne Agee, has an stunning prediction for Play Station 3: it is expected a considerable price drop by $100.
Hard to believe? Here’s his opinion: “Industry sources indicate Sony is planning a $100 price cut on the PS3 in mid-August, just prior the launch of Madden (8/18) and the start of the back to school shopping season. This will naturally be a positive for the industry.”
I’m sure that, if this is happening, will make a very important hit in the market, considering previous reports about Blu-Ray high insertion level among users making this a “here to stay” media format. Adding to the mix, the leaked photos that appeared that, could be, the new slim model for PS3:
How are other consoles going to compete with that? Xbox it’s ready to make a similar price cut and maintain the price difference with PS3?
We’ll have to wait and see.
5 Comments
Your posts title is very deciving. The Sterne Agee analyst said the price would be cut BY $100, not TO $100. We are many years away from seeing a $100 PS3, but a $299.99 model some time this year is very reasonable. Especially if the “Slim” roumors are true.
Thanks for the feedback!
Augusto
Well, finally it came true. Apparently, Xbox 360 also dropped it’s price which made a good competition between Microsoft and Sony. It just made consumers like me confused which console to buy. Aion Online will be launched soon and I hope I can make the decision by then.