"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," analyst Pamela Tufegdzic told Reuters.
Apparently, titles like Metal Gear Solid 4 and Gran Turismo 5 are supposed to move a lot of systems, especially since the former is going to be bundled with one come June. The recent victory of Blu-Ray could also help as the major movie studios formerly supporting HD-DVD start releasing previously exclusive movies. Sony is still losing money on each PS3, but they said they expect manufacturing costs to drop below sales prices in 2008. With the big name games and movies, a lower price could provide the momentum they need to take the top spot this Christmas.
Does this mean you should hold on to your money if you haven’t bought a PS3 yet? Maybe. It certainly wouldn’t be a bad idea to wait for the MGS4 bundle in June, but if you want a bigger price cut, you might have to wait till Christmas. Besides, no one has specified which model will receive the price slash. Sony has like eight different PS3 models floating around out there, they might cut the price on one of the gimped models to make some extra cash.
iSuppli didn’t seem to give any reason why they think Wii owners will pony up for a PS3 and not an Xbox 360. Maybe it’s because so many people already have the “Wii60” combo.
