polezo on 07 October 2008
The economy is undoubtably on a downward slide.
http://moneycentral.msn.com/investor/charts/chartdl.aspx?Symbol=%24indu&CP=0&PT=7
Though I think the industry will still grow this holiday season, I think its unquestionable that people will be more conservative about their spending on gaming in general. With this in mind, don't you think the pricecut helps the 360 more now than it would in a stronger economy?
Though the PS3 still packs more into its package (Built in WiFi, Blueray etc), i think less people will see its $400 dollar price tag as a justifiable purchase. Numerous analysts say that in the past $200 was the "sweet spot," and if conditions stay as they are i think this holiday could very well continue that trend.
Agree?
