Analyst Predicts Further PS3 Price Cut

August 31, 2007 1:50 PM

Wedbush Morgan Securities analyst Edward Woo told Bloomberg Thursday he expects to see another PlayStation 3 price drop after the 60GB model has been phased out.

Bloomberg spoke with Woo after confirming with Sony that the 60GB PS3 SKU would no longer be sold in the U.S. after the current inventory runs out. This makes manifest the remarks of SCEE president David Reeves shortly after the U.S. PS3 price rearrangement.

Sony would not comment on the price drop, but told Bloomberg that supply of the 60GB PS3 SKUs would probably last through October.

A price cut after the 60GB phase-out would seem likely, otherwise Sony's only price-point would be at $599. Though like the last "price cut" that finalized the phase-out of the 20GB model, the move isn't likely to bring the base price of any SKU below $499.

The PS3's first price drops took place at the beginning of the month, with the 60GB SKU dropping to $499, and a new 80GB SKU with a copy of Motorstorm totaling $599.

Carlos Bergfeld

Filed Under

From The Chatty

Refresh Go To Thread

holbroal

 reply
August 31, 2007 2:18 PM

It's all they can do to combat Halo 3 and Mass Effect this Christmas. Heavenly Hype and Lair aren't the AAA titles that Sony desperately needs to sell systems.
- knightblade87
  
   reply
  August 31, 2007 2:55 PM
  
  i find it funny that in liar you take down elephents with toe cables
  - Beady
    
     reply
    August 31, 2007 3:00 PM
    
    Its from the same developers who did rogue squadron. Seems like they just re-skinned a few star wars models, threw in a shitload of bad textures and ground soldiers and tacked on wonky motion sensing.
    - silverback1138
      
       reply
      August 31, 2007 10:25 PM
      
      I find it kinda sad really. I loved the Rogue Squadron games and while Rebel Strike was not as good as the first 2, it was still pretty fun. When I saw the previews about this being a Rogue Squadron w/ dragons with a few extra features, I kinda lost interest. Maybe something better down the line?
      
      I've been thinking of getting PS3 eventually considering I have 300 in gift certs and I figured it'd be nice to go along with my X360 and Wii. I can only see it mainly as a blue ray player right now, I can only see 2 exclusive games that I really want for it. Personally, I prefer to get the X360 version of a game anyways. Well, hope we'll see more games down the line.