
Are you in the market for a PS3? I suggest you better wait for April if you want to save some moolah.
From the current price of $399 (around P20,000.00), the PS3 is expected to drop to $299 (around P15,000.00) by April of this year. This is according to leading industry analyst Micheal Pachter in recent news at gamedaily.com.
More details after the break.
Most industry pundits would tell you that the PlayStation 3 has been trailing the competition largely because of its hefty price tag. Pachter, however, believes the $399 price point will finally come down to $299 in just a few months. Microsoft is likely to drop its price on the 360 as well.
“Once the PS3 is at a more affordable price point (we expect a cut to $299 in April), we think that sales of that device will once again begin to grow. We expect another cut in price for the Xbox 360, with the feature-laden Pro model likely to come down in price to $249 at or before this year’s E3 show in June. We expect Nintendo to maintain Wii pricing at $249 until the company sees signs that demand is slowing, which means a price cut may not happen until late in the year, if at all,” Pachter said.
Via GameDaily
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