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EEDAR Weighs In On PS3 Price Drop

PSXextreme: So now that the PS3 Slim and long-awaited price cut has been confirmed, we figured the analysts would weigh in with their thoughts.

The first to do so is Jesse Divnich at Electronic Entertainment Design and Research (EEDAR), and he says this new price point "finally makes the Sony console a much more competitive product," although he doesn't believe this will necessarily cause a sudden hardware shift in favor of the PS3. He does, however, see the PS3 competing far more favorably with the Xbox 360 now, and it can even compete with the Wii (priced at $249), as some consumers may have to make a tough decision between outdated hardware and a console that continues to be on the rise and features a built-in Blu-Ray player. EEDAR does expect Microsoft to announce the elimination of the Xbox 360 Pro SKU and the drop of the Elite SKU down to $299. However, Divnich sees this particular price drop as follows:

"However, we just consider this a pseudo price drop. It is no different from Lexus introducing their 2010 models at the 2009 prices and clearing out their 2009 inventories. Sure, there is a better value, in comparison to the 2009 models, but a consumer still needs to be in the market for a luxury car to reap the benefits."

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3765d ago
falcon3765d ago

this is a typical analyst analysis. they want to be around the middle so no one could say they're completely wrong. i believe that the tides have shifted to sony favor, and i believe that sony is going to kill the competition this year and out.

Anon19743765d ago

As I mentioned in another thread, any informed (key word being informed) consumer would be hard pressed to look at a $250 Wii and not spend the extra $50 to upgrade to a PS3. Even with the Elite priced the same as a PS3, who on earth could resist picking the PS3 to get the Blu-Ray at the same price?

Given the effect of the 360's price cut seems to be waning showing the worst sales quarter in 2 years, and given that the $200 priced 360 was still no match for the Wii - what chance is the 360 going to have compared to a similarly priced PS3?

This was Sony's D-Day in the console wars, and what an offensive this is going to turn out to be.

The-Warranty3765d ago

just another bot trying to downplay it

pathetic

falcon3765d ago

this is a typical analyst analysis. they want to be around the middle so no one could say they're completely wrong. i believe that the tides have shifted to sony favor, and i believe that sony is going to kill the competition this year and out.

meepmoopmeep3764d ago

what schooling does one need to become this thing called an Analyst?

i'd love to sit on my ass all day making predictions and get paid big bux for it!

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