Pachter: $499 PS3 Not Going Anywhere

by Mike Bendel on July 16, 2007 @ 10:50 am

In his E3 summary, Wedbush Morgan analyst Michael Pachter revealed that he thinks that Sony will soon make $499 the de-facto price cap for PlayStation 3. That means, after the 60GB model’s stock is depleted, the price of the new 80GB model will eventually fall to $499.

The reasons why Sony can afford to do this are various. First the 80GB model is lacking PS2 hardware support for emulation, instead it uses a software-based emulator for PS2 games. Secondly, both hard drive and Blu-ray production costs are falling.

If Sony does the cut the price of the 80GB model soon after the 60GB is sold out, I’m sure the 3 million or so customers who bought a 60GB won’t be happy. But that’s what you get for being an early adopter these days.

Pachter: $499 PS3 is ‘Here to Stay’ [GameDaily]

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Comments
Tenshigami says:

Not so sure about that. I really couldn't care less about the size of the hard drive. Removing hardware support for PS2 games makes the current $599 REALLY overpriced, IMHO.

July 16, 2007, 6:16 pm
canadajames says:

I really think that the 60gb is well worth the difference in hardrive. Having to update all the time and other things I'm much happier with my 60gb and owuld not take it back for 80.

July 16, 2007, 6:21 pm
Cheezeball99 says:

Absolutely no joke there.

July 17, 2007, 5:28 am
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