Feeds

Sony to slash PS3 price by 25%

'Within 12 months'

Top 5 reasons to deploy VMware with Tegile

Sony has yet to launch the PlayStation 3 in Europe but already one analyst is forecasting a first-year price cut which will see at least €150 knocked off the €599 launch price.

According to Wedbush Morgan Securities analyst Michael Pachter, cited by GamesIndustry.biz, the price cut will come within 12 months of the PS3's 23 March European launch, he believes.

"The PS3 can command £425 from the hardcore and I think you'll see price cuts a year from now, probably to £300," he said.

Delayed in September 2006 from a planned November 2006 launch, the PS3 will now debut in Europe and other territories that use the PAL TV standard on 23 March, Sony announced last week. Only the 60GB model will be offered at launch, though the 20GB version may appear later in the year, if it's in demand, Sony said. Or if the 60GB PS3 doesn't sell so well, might be a better way of putting it.

Sony said 1m consoles will be allocated for the launch. Pachter said he believes that stack of machines will have been sold by the end of April, a month or so after the launch. UK stocks will "quickly disappear" after launch, he forecast. Pre-ordering appears to be the name of the game, that suggests, just as it was with Nintendo's Wii launch in December 2006.

Intelligent flash storage arrays

More from The Register

next story
PEAK APPLE: iOS 8 is least popular Cupertino mobile OS in all of HUMAN HISTORY
'Nerd release' finally staggers past 50 per cent adoption
Tim Cook: The classic iPod HAD to DIE, and this is WHY
Apple, er, couldn’t get the parts for HDD models
Apple spent just ONE DOLLAR beefing up the latest iPad Air 2
New iPads look a lot like the old one. There's a reason for that
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Caterham Seven 160 review: The Raspberry Pi of motoring
Back to driving's basics with a joyously legal high
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.