Pachter: “Publishers are going to force price drops for Xbox 360 and PS3”

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Industry analyst, Michael Patcher is claiming that publishers are going to force Sony and Microsoft to cut the price of Playstation 3 and Xbox 360 next month.

DualShockers are citing the latest episode of Bonus Round where Pachter claimed that publishers will threaten to pull support for the two consoles, unless the pricing is dropped.

“I think the publishers are going to threaten the manufacturers, and they’re going to say ‘cut the price of the PS3 and the Xbox 360, now’,” he stated.

“So my bet is [a] February, price cut happening, because I actually think the publishers are gonna threaten to not support PS3 and 360 this holiday if they don’t see a price cut quick.”

Pachter says Microsoft and Sony could drop their pricing “in a heart beat,” without losing any money, only lowering their profit.

“There are still a hundred million Wii owners out there, probably three quarters of whom have never considered owning a PS3 or a Xbox 360. That’s a good opportunity for ten million or more of them to trade up,” he added.

[via MCV]

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Known as Victor Vieira to his mommy, r0gue is a Consoloptipus [con-sol-opti-pus] plural: con-sol–opto-pi • Derived from Latin meaning “he who is too cheap to buy a gaming pc” • Commonly found online. If encountered in natural habitat, presume dangerous [to himself]. • From the ‘alles-terian’ group [will eat anything]. Needs regular feeds.