Analyst: Don't Rule Out PS3 Price Drop in '07... Yet
Wednesday
Yes, the PS3 is quite an expensive console, but there's still a chance that Sony may cut the price in 2007. Lazard Capital Markets analyst Colin Sebastian believes that it's too early to rule out a price reduction. A price cut or enhancements may be coming to the PSP as well.After Sony announced its earnings today, revealing over 5 percent decline in profits for Q3 and losses at its game division of around $440 million, Lazard Capital Markets analyst Colin Sebastian noted that it may be premature to discount a price drop for the PlayStation 3 this year.
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source: biz.gamedaily.com
Labels: industry news, Playstation 3, PSP
posted by Wasted Rage @ 1/31/2007 08:57:00 AM,
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Brock Raybon - Wasted Rage
Brock is a business owner by day and avid gamer and blogger by night. He writes about console and pc gaming, hdtv and technology news. Definitely a "CONSOLE FANBOY" born with a 2600 joystick in his hand.
Chris Lugo - Master Sinwave
Chris works in customer services by day and moonlights as a hardcore techie by night. He started gaming as a young lad with his trusty Atari and now plays it all from console to hardcore pc games. HE GIVES CONSOLE AND PC GAMES A FAIR SHAKE.
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