Pachter: PS3 price cut to come this summer
Vocal Wedbush Morgan analyst Michael Pachter has been voicing his opinions on the possibility of a price cut coming for the PS3 this year.
Pachter believes that, with all the big releases that the PS3 is seeing this year Sony may be able to find the space to drop the price of the PS3 some time in the summer possibly announcing it in June at this year's E3.
He said: "We expect PS3 software sales to spike when several high profile releases launch in the coming months, and believe that overall PS3 software sales would benefit immensely from a hardware price cut, expected in June."
There may be room for the basic 160GB model to drop from its current 299 USD price point in the states to as low as 199 USD in order to help maintain the console's momentum on the back of releases like LittleBigPlanet 2 and Killzone 3.
- EA to unveil Star Wars: Battlefront later on this month
- No 2015 launch for Zelda Wii U after all
- Konami continues to purge all references to Hideo Kojima with Silent Hills and Zone Of The Enders
- New Gears Of War title is Xbox One only
- Sony closes the door on PlayStation Home on last time
- StarCraft II: Legacy Of The Void beta invites go out today
- Final Fantasy XIV's first expansion Heavensward will launch in June
- Sony gives the full PS Plus line-up for April
- Before The Fall patch arrives for Final Fantasy XIV today