Pachter: PS3 price drop in April, 360 to follow, Wii
staying put

post from Joystiq on 12 January 2009 07:35:00 PM. © Joystiq

Filed under: Sony PlayStation 3, Nintendo Wii, Microsoft Xbox 360, Business

Video game market prognosticator Michael Pachter of Wedbush Morgan sees a PS3 price-drop in April -- to the tune of $100. Sound familiar? Pachter also believes that the Xbox 360 will be reduced in price shortly thereafter, while the Wii will likely keep its $249 price point for the duration of 2009.

In an email advisement reported on by GameDaily, Pachter said that Wedbush Morgan expects "sales of [PS3] will once again begin to grow" following the spring price reduction, something that the firm believes Microsoft will counter "with the feature-laden Pro model likely [coming] down in price to $249 at or before this year's E3 show in June."

As for the Wii, Pachter doesn't see Nintendo marking its console down unless it "sees signs that demand is slowing, which means a price cut may not happen until late in the year, if at all." We'll see your year, Pachter, and raise you at least nine more months.

Pachter: PS3 price drop in April, 360 to follow, Wii staying put originally appeared on Joystiq on Mon, 12 Jan 2009 19:35:00 EST. Please see our terms for use of feeds.

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