News Article

Pachter Predicts Hardware Price-Cuts "Across The Board" In 2011

Posted by Sammy Barker

Infamous video games analyst Michael Pachter has predicted $50 console price-cuts "across the board" next year, with Microsoft expected to take charge in the Spring

"We estimate that a $50 console price cut across the board will impact software sales by a positive 5%, and we expect Microsoft to lead with a cut some time in Spring 2011," he said. Pachter added that he believes the introduction of motion devices such as the PlayStation Move will help to positively impact the industry.

We expect some kind of PlayStation 3 price-drop next year too. It's all about timing though. We don't believe the console will drop in price before E3. Any lurkers that would consider picking up a PS3 with a new price point?

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