EEDAR analyst says no price drop for PS3

Sales consistent with expectations

April 22, 2012
Sony PlayStation 3 PS3

The Xbox 360 continues to trump the PS3 in sales month after month, and many analysts have been calling for a PS3 price cut in order to try and slow Microsoft’s momentum. Even the mighty overlord of the gaming analyst industry Michael Pachter said so, and no one would ever argue with him.

Unless you’re Jesse Divnich of EEDAR of course. Divnich thinks the whole thing is blown well out of proportion, and while sales may be lagging behind Microsoft, they’re exactly where they should be for an aging console in its twilight years.

“I don’t believe the PlayStation 3 needs a price drop at the moment,” he said. “Sales have been consistent and in-line to what one would expect for a platform that continues to successfully grow its install base so late in a console cycle.”

A recent PS3 price cut by Gamestop caused a bit of a stir, but Sony was quick to point out that this was a Gamestop promotion and had nothing to do with them. Divnich also thinks nothing of it.

“There could be many elements at play, but I highly doubt this is any indication of weakness for the PlayStation 3,” he said.

With the Wii U’s release on the horizon, it’s likely both consoles should be considering a price cut pretty soon. With Nintendo offering something brand new and shiny, the long in the tooth competition will have to concede a little bit of price point, especially considering both companies have said their next-gen stuff isn’t arriving anytime soon.

Source: GamesIndustry

Tags: eedar, headline, jesse divnich, Microsoft, Nintendo, playstation 3 sales, PS3, Sony, wii u

Shutterstock is the image partner of MyGaming – technology images can be found here

Poll

Are you playing Destiny, or do you plan to buy Destiny?

View Results

Loading ... Loading ...

Latest News

Top 10 most pirated PC games

Pirate flag

Over thar, on the starboard bow… it be a PC pirate

Beware of the GTA 5 PC, next-gen Beta

GTA 5 PC2

Rockstar has issued a warning to those looking to sign up for the GTA 5 beta

rAge 2014 – This is how big it was

rAge 2014

How many people attended, how many gamers lugged their PC to the LAN, and how much data was downloaded at rAge 2014

PC Gaming: A Beginner’s Guide – What’s inside a gaming PC?

Building a PC

So, what exactly is inside those flashy cases?

X

Newsletter Subscription

Name
Email *
Enter the following to confirm your subscription *
Captcha image


Free MyGaming Newsletter:
Subscribe
X
bool(true)