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With the rise of gas prices and food prices and a drop in consumer confidence, will price cuts be more significant than ever in the U.S market for the HD consoles? Since people have to think harder about every dollar they spend, they may find they have to look for the greatest value whereever they can find it.

For example, if the Xbox360 drops in price to $300 for the Pro SKU will we see a disproportionate rise in sales compared to the PS3 for instance if it doesn't get a pricecut for itself? Perhaps even a fall in sales for the PS3 as people substitute one HD console for another?

Also could the increased costs already be helping the Wii's sales as they seem to have increased at the expense of the HD consoles?



Tease.