While many are calling for a PlayStation 3 price drop, one analyst believes a price cut is unnecessary for the time being.
After GameStop temporarily dropped the price of the console, Sony informed us that it was only a retailer promotion and nothing more. And in our recent poll , the majority of readers expect a price cut by the end of the year. Right now, EEDAR's Jesse Divnich tells GamesIndustry International that the PS3 is correctly priced.
"I don't believe the PlayStation 3 needs a price drop at the moment. 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."
As for the GameStop sale, Divnich said we shouldn't read too much into it, saying he doubts it's "any indication of weakness" for Sony's machine. That being said, it wouldn't surprise anyone to see both Sony and Microsoft drop the price of their consoles before the year is out. But it probably won't happen until the holiday rush.