I read an article today from a leading video games analyst that stated that Sony is likely to slash the price of its PS3 console before the year is out, and in doing so many current Wii owners are likely to purchase it.
“We anticipate Sony will have another price slash on the PS3 this year, and come Christmas, consumers who originally bought the Wii will likely purchase the PS3.” - Pamela Tufegdzic
On the news 2008 is tipped to be the year the PS3 picks up momentum with a better forthcoming software pipeline with titles such as Gran Turismo 5 and the latest Grand Theft Auto predicted to boost sales this year.
Currently Sony is loosing money on each PlayStation 3 console that is sold, but with manufacturing prices predicted to fall below sales prices this year, the fortunes of the console could be changing.
In terms of sales the PS3 still lags behind the Xbox 360 and Nintendo Wii, so price cuts would be a great way to boost its number of gamers.
It is also worth remembering that the PS3 is also the cheapest Blu-ray player on the market, and with the format war ending and Blu0ray now the industry standard for high definition, it may not just be gamers picking up the console in 2008.
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