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Analyst predicts 80GB PS3 price cut by Christmas

  • Posted September 5th, 2007 at 03:54 EDT by
  • 8 Comments

As Sony’s PlayStation 3 60GB model begins to phase out at current retailers, Wedbush Morgan analyst Michael Pachter has forecast that the  80GB version will be reduced from USD 599 – 499 by the Christmas holiday season. 

"We note that Sony recently acknowledged that it will no longer produce its 60GB PS3," said Pachter, "and we expect the price of the 80Gb PS3 to be reduced to $499 before the holidays, maintaining a premium SKU at that price point." 

Pachter believes the drop of the 80GB model will further increase growth later in the fiscal year, also predicting a second price cut following the release of Grand Theft Auto IV and the PS3-exclusive title, Metal Gear Solid 4:Guns of the Patriots in 2008.

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Comments

  1. Kane

    • 10:56pm EDT - September 4th, 2007

    Are they gonna keep the 60GB then?

  2. amdprophet

    • 11:07pm EDT - September 4th, 2007

    What? No. Analysts just think there may be a price drop on the 80GB PS3s.

  3. dragon1989 | abdesalam

    • 12:40am EDT - September 5th, 2007

    wow that kinda cool

  4. The Cleaner

    • 1:22am EDT - September 5th, 2007

    Give the man a prize for stating the obvious except the price will include a pack in (heavenly sword) and some movies. The price will drop further in 2008 due to a 120GB model at the tail end of Christmas and all models will include a rumble controller. 2008 will see a flame red MGS 4 Limited Edition world release and a Gun Metal Grey MGS4 "Beauty & the Beast" Limited edition for Japan only. 2008 will also see the start of the ceramic white (Jap only) and platinum (US & EU) PS3's as ongoing choices of colors.

  5. XenoSilvano

    • 1:44am EDT - September 5th, 2007

    Thats BS, these analists just want a cheap 80gb PS3 for themselves this Christmas

  6. gingo

    • 4:13am EDT - September 5th, 2007

    psn id: gingo... this was always going to be the case and i dont know why people were getting all flustered when sony announced they were stopping producing the 60 gig after the price drop

  7. vipergts2207

    • 5:19am EDT - September 5th, 2007

    Well duh! You'd be silly not to think one was coming before Christmas. I wonder how much this guy gets paid. Maybe I can get a job with him.

  8. D3v1lwqer23

    • 11:36am EDT - September 5th, 2007

    yeah PS3 exclusive MGS4...rock on...

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