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A massive drop in the PlayStation 3 video game console's price tag, which will lower the cost of Sony's next-generation game platform US$100, is expected as early as this April according to respected analyst Mike Hickey of Janco Partners.
Hickey says that cutting the PS3's price down will trigger a significant boost in hardware sales for Sony. If a price drop does happen, that'll knock to price of the 80GB PlayStation 3 down from $399.99 to $299.99 and the higher-end 160GB model down from $499.99 to $399.99.
If Sony does not cut the price of their console, we expect the continuation of languishing PS3 hardware sales and the potential for publishers to accelerate their reallocation of resources away from the PS3 console. We believe the market is expecting a PS3 price cut in April or by June at the latest.
-Mike Hickey
Read the original article on Gamasutra here.
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Comments (43)
Expect mid April due to recieving tax checksBy Jeremy on February 26, 2009, 7:33 pmExpect mid April due to recieving tax checks
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Why not now?By Anonymous on February 26, 2009, 9:26 pmWhy wait? I would buy one of these now if I saw the $100 price come down the line, but as it stands Ill wait because the current price is above my threshold to...
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sony should have dropped the price and put out a killzone 2 bundBy Anonymous on February 26, 2009, 11:50 pmsony should have dropped the price and put out a killzone 2 bundle, missed opportunity there. i would have bought one, i'm interested in a ps3, but i can't swipe...
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160GB??By Anonymous on February 27, 2009, 10:35 amthe 160GB version is not permanent, you can't find it anymore it was a imited edition for the shopping season
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PS3By Anonymous on February 27, 2009, 1:48 pmI hope the prices drop so low that even a puppy can buy one to sleep in. LOL
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already doneBy Anonymous on February 27, 2009, 3:26 pmseems as if the price drop already happened, but only if you sign up for their credit card.
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