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.
