PS4 price drop prediction
Wedbush Morgan analyst Michael Pachter has said that Sony will lower the cost of PS4 Pro at E3 in response to a competitively priced Xbox Scorpio.
Microsoft will be coming out all guns blazing next week in Los Angeles, with the format holder fully unveiling its updated Xbox hardware following its official announcement last summer. While the console is currently slated to appear in holiday 2017, it isn’t yet known how much the Xbox Scorpio will cost; something which Pachter says will determine whether or not Sony will have to move to combat regarding PS4 Pro.
“PS4 Pro’s price will drop if Xbox Scorpio is $399. If Scorpio is more expensive, [then Sony have] no reason to cut the Pro’s price,” Pachter told GamingBolt. PS4 Pro is currently priced at $399, so it’s not surprising that Sony would want to cut costs should Microsoft end up matching it in price.
Sony recently said that one in every five PS4s sold since November are PS4 Pros, although hasn’t confirmed just how many units of its high-end platform have been sold since launch. The PS4 family of systems (PS4, PS4 Slim, and PS4 Pro) have shipped 60 million units worldwide as of March 31, 2017. In addition, the hardware giant has revealed that it has sold over one million PlayStation VR headset since the device released in October last year.
The PS4 launched in the U.S. and Europe in November 2013, and quickly gained the upper hand over its lead rival, the Xbox One. While it isn’t yet known just how many units separate each console, Sony claimed this week that the PS4 is outselling Microsoft’s latest console by three to one in Europe.
Sadly, one of the much-requested features for PS4, backwards compatibility, is unlikely to be added anytime soon.