Analysts predict $100 PS3 price cut, again

By Justin Mann on February 25, 2009, 4:39 PM
Since the launch of the PlayStation 3, rumors of price drops have come and gone more than a dozen times, probably because it's always remained as the most expensive of the three current generation consoles.

And yet again, analysts are predicting that Sony may be getting ready to implement a price cut for the console. Rumored to be around $100, it would put the console neck and neck in terms of price with its closest competitor, the Xbox 360. If true, the announcement is expected to come within the next few days.

We have to agree that Sony has to do something with the PS3 considering they are more than just "behind" their competitors, and they can no longer blame it on game selection. That said, Sony has so far discarded the option. Whether they have changed their stance, or are analysts incorrect once again, we will found out soon.

User Comments: 3

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tengeta said:
I don't see this happening, they can't make profit off what its selling for now how the heck could they take another $100 dollar hit a console?
yukka said:
if it got cheaper i would buy it to complete the trilogy (already got a wii and 360) but i dont want to buy it for 300.
9Nails said:
Analyst are often wrong. With Sony's stocks at the lowest since 1993, their source is merely trying to call the attention of potential investors. They're tossing out a lure for the market watchers, but this is just speculation. Sony can't really afford to give away their highest price console system to date at the price of a Wii. Just picture the technology disparity between those systems! The PS3 is a processing monster and the Wii is a previous generation system with a clever control.All logic dictates that this will attract gamers at a huge financial loss to Sony. Which could shed any cash reserves that Sony had remaining. That's not the best gamble to take at this point.
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