Pachter: Sony will cut PS3 price 1st of April

[NJ5]

phisheep said:
Sony probably has some good reasons - beyond profit - for not cutting the price.

Look at it this way. Ther have been engaged in a game of 'chicken' with Microsoft, waiting for who would blink first.

Microsoft has blunk, with aggressive price cuts. But there is a chance that these will backfire in the long term - that Xbox 360 will end up being seen as the console for those who can't afford a Wii or a PS3 - the low-end alternative.

Maybe not in the US, but possibly everywhere else.

Idon't expect Sony to do anything for another six months at least. And maybe not even then.

I don't buy that. When people look at the PS3/360 software shelves and advertisements, they can see two things:

1- The 360 has more software.
2- A lot of the games are shared between the two platforms.

Then it should be pretty obvious that the 360 offers a similar or better gaming experience to the PS3 at a much lower cost. This of course assuming they're not after a specific 360 or PS3 exclusive, in which case the choice is not done based on price anyway.

Even if you're right, in a severe recession, the low-end alternative can do very well on lower price alone. In any case, why do you think this factor would only matter in the long-term?