PS3 price cut due this week, says analyst

Wedbush Morgan analyst Michael Pachter has said he expects Sony to cut the price of PlayStation 3 this week.

Speaking with GI.biz, Pachter predicts that the console will be lowered to $199 on February 21.

This just so happens to be the day after Sony hosts the PlayStation Meeting in New York City, where it is expected the company will reveal the PlayStation 4.

Similarly, the analyst also predicts that Microsoft will slash the cost of its Xbox 360 console by June.

PSU.com will be hosting a live stream of the PlayStation Meeting this Wednesday, so be sure to tune in for all the latest information as it breaks.

----
related articles

Related Content

Comments

Share With Your Friends!

The Facebook Platform

Connect to PSU's social reader to share articles and see what your friends are reading. [ More info ]

Article navigation

More

Related information

  • Related game: PlayStation 3

    Release date (US):
    November 17th, 2006
    Developer:
    SCE
    Genre:
    Misc - Hardware
    Rank:
    3 of 2,663 Games
    Up 0 places (in last 7 days)

Related images

RSS feed

Forum discussions

More

6,218,593 Posts | 194,399 members