So, now that the PS3 pricecut is official let's talk shop.
Since launch both the 360 and the PS3 have reduced prices by 50%. While the Wii is still at its launch price.
360 and PS3 saw surges in sales with pricecuts in the past and obviously PS3 will see a surge with this one. However, in both earlier cases PS360 sales returned to 'normal' sub-100k weekly global levels eventually. While the Wii has never been that low, ever.
So, I have a few questions?
1. How will MS respond. We all are pretty sure there will be a discontinuation of the Pro model and the Elite will go to $299. Is that it and will it matter since the overall price of a 360 remains the same?
2. How will Nintendo respond or should they? They have been largly unaffected by these cuts and still sell much higher than both consoles, much of the time beating PS360's combined sales.
I say MS will put prices at $179 and $279 for arcade/elite respectively and this slightly increase 360 sales through december. However, PS3 will out sell them.
I say Nintendo will do nothing *unless* Wii sales stay at current down trending pattern. Then *maybe* in Nov with the release of NSMBWii there will be a $50 drop.
