Analyst: No PS3 Price Cut "Just Yet"
There have been many rumors floating around concerning a possible price cut for Microsoft's Xbox 360. Most sources believe this will be confirmed some time soon (probably at E3), and it would help to reverse the trend of stronger PlayStation 3 sales and weaker 360 sales the past few months.
However, don't expect Sony to react in turn, as according to GameRush Entertainment, they're happy with the current price of their next-gen machine. They cite Signal Hill analyst Todd Greenwald, who had this to say on the popular subject:
"We do not expect a price cut on the PS3 just yet. Sony appears to be focused on profitability right now, and actually has some momentum behind it now with the Blu-ray win, and its strongest line-up of exclusive titles since the consoles launch (Metal Gear Solid 4, Gran Turismo 5, LittleBigPlanet, Killzone 2, Resistance 2, Motorstorm 2, etc)."
Well, as we all know, none of those titles with the exception of MGS4 are here yet, but that doesn't stop the statement from being true. Blu-Ray is certainly the undisputed victor of the high-definition format war, and as of now, the PS3 remains the only video game console with a Blu-Ray player. Furthermore, with the stronger sales, there just isn't any incentive for a price cut right now. Sorry, but if you want MGS4 and all those other awesome titles, and you want your PS3 soon, you should know that the price tag is gonna be the same for a while.
7/10/2008 Ben Dutka