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Xbox 360 related posts.
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Pachter expects Console price drop next Spring
Posted on Monday, 4 October 2010 by Speed, source: IndustryGamers
Wedbush Morgan analyst Michael Pachter expects Microsoft to drop the price of the X360 by Spring next year, followed by a similar move of the competition.
"We estimate that a $50 console price cut across the board will impact software sales by a positive 5%, and we expect Microsoft to lead with a cut some time in Spring 2011,"
Next to that, also the release of Move, Kinect and the Nintendo 3DS are expected to drive sales for the three big console makers:"We think that Nintendo’s 3DS, scheduled for March release in the U.S. and Europe, has the potential to reinvigorate packaged product sales. Similarly, we think that Kinect and Move have the potential to drive console sales, broadening the installed base and giving new purchasers a reason to buy a greater number of packaged goods,"
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