Pachter: PS2 Price Drop In 2007, PS3 To Drop For GTA IV
In his latest notes wrapping up news for July and early August, Wedbush Morgan analyst Michael Pachter has predicted that the PS2 could see a price cut in anticipation of the holidays, but that a drop in the PS3's price might be delayed to early 2008 alongside GTA IV and Metal Gear Solid 4.
"We continue to expect higher average console prices to be an impediment to rapid sell-through of hardware," said Pachter, "and we expect cycle-to-cycle declines of 10% or more for hardware sales to persist through the end of summer 2007."
Read the full article here...Brandon Boyer
August 7, 2007
Source:
Gamasutra