Analyst: $399 PS3 Next April
After wrongly predicting the PlayStation 3 would outsell the Xbox 360 in July, Wedbush Morgan analyst Michael Pachter is now predicting the almost unthinkable..
After wrongly predicting the PlayStation 3 would outsell the Xbox 360 in July, Wedbush Morgan analyst Michael Pachter is now predicting the almost unthinkable...
The PlayStation 3 price will drop to $399 in April. This follows other analysts’ predictions that the PS3 better have a $499 price tag during the holiday season or else.
Pachter has also changed his tune on the Xbox 360:
We expect Xbox 360 hardware and software sales to increase over prior months due to the Xbox 360 price cuts.
Three things pop into my head when listening to the “experts”:
- Do analysts think every problem is solved by a price cut?
- Do they pick these predictions out of a hat?
- Do they pick these analysts out of a hat?
What do you think?