More Reviews
REVIEWS Far Cry 4 Review
The open world of Far Cry 4 is wondrous, but is the beauty of Kyrat only skin-deep?

World of Warcraft: Warlords of D Review
Does Blizzard's latest expansion breathe new life into the 10 year-old franchise, or is this MMO finally starting to show its age?
More Previews
PREVIEWS Silence: The Whispered World II Preview
With its absolutely gorgeous sequel, Daedalic aims to create a mid-range difficulty adventure title that will expand the genre to a larger audiences.
Release Dates
NEW RELEASES Geometry Wars 3: Dimensions
Release date: 11/25/14

Kingdom Hearts 2.5 HD Remix
Release date: 12/02/14

Guilty Gear Xrd -SIGN-
Release date: 12/16/14

Kalimba
Release date: 12/17/14


LATEST FEATURES With Two Paths to Walk This Fall, I Recommend Assassins Play AC Unity Over AC Rogue
For fans of this series, it'll be a decision based on hardware. For enthusiasts, returning to the brand's roots will prove enticing.

Nintendo Download November 2014 - Updating Each Week
If you've got credit on Nintendo's digital eShop service or expect to receive a gift card this holiday season, start making your list with our weekly updates.
MOST POPULAR FEATURES Xbox Downloads October 2014 - Updating Each Week
Microsoft's Xbox One console continues an Xbox Live revolution started over a decade ago. Here's hoping Summer of Arcade makes it to the platform next year.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP Master_Craig
Welcome Home - PAX AUS 2014
By Master_Craig
Posted on 11/18/14
Last night I returned home from PAX AUS 2014. Long story short, it wasn't perfect, but it was quite possibly the best weekend I've had this year. It was a lot of fun. If you'd like to continue reading, the long story is just below. Buckle up. This is gonna be...

GAMING NEWS

Pachter: Sony Will Announce PS3 Price Drop To $199 At PS4 Reveal

Posted on Saturday, February 16 @ 09:28:17 Eastern by Jonathan_Leack

$599 $199 U.S. Dollars.

The PlayStation 4 is expected to be announced in just four days, and that means that not only is there finally something to look forward to, but the appeal of current hardware will quickly fade. In order to combat the possible decline in demand, Wedbush Securities analyst Michael Pachter told GamesIndustry International that Sony is very likely to cut the price of the PlayStation 3 during the February 20th presentation. He doesn't expect it to be a mild price cut, either. He states that it will for its first time ever hit the golden price of $199.

Sony has had a history of lowering its prices during the fall season to further increase consumer interest going into the holiday season. However, with a PlayStation 4 confidently expected to debut later this year, Sony may be looking to ride momentum for the duration of 2013. It would help tremendously in combating Nintendo's latest console which has garnered a lion's portion of the spotlight since it debuted only four months ago. For once, it will also help battle the Xbox 360's Arcade Bundle which has been Microsoft's trojan horse into the casual market for years.

The Xbox 360 and Wii found their way to the $199 price point much earlier in their lifecycle, and even then the PlayStation 3 has already managed to outsell the Xbox 360 worldwide. At $199 families who were previously not interested will have reason to consider one of the most cost-effective media solutions on the market. As we've seen in the past from hardware that has become available for under $200, the sales can shoot to record levels and at that rate secure the 10 year lifecycle that Sony has been aiming for.
Tags:   PlayStation 3, Sony


More from the Game Revolution Network




comments powered by Disqus