Feeds

Xbox 360, PS3 prices to fall this summer

Gaming will get cheaper, says analyst

Beginner's guide to SSL certificates

The price structure of games consoles has been static for a record length of time and will begin to fall this summer in order to keep the gadgets flying off the shelves.

Analyst Michael Pachter with US investment house Wedbush said this week that current console prices have remained the same for 18 months. He predicts they will drop, with an immediate-effect Xbox 360 price cut expected to be announced at the E3 Expo in June, CVG reports.

Pachter believes that with Kinect's triumph over Sony's PS Move, Microsoft is in the driver's seat on pricing and may consider a cut to extend its monthly sales lead.

The analyst said it is clear that demand for the Wii is fading and he reckons that Move's lack of traction in the marketplace is due to the high price point for a system bundle.

But surely if that's the case, won't Sony be the one to lower prices first?

Kinect

Kinect puts Microsoft in pole position, apparently

"A console price cut from Microsoft would almost certainly prompt its competitors to follow suit, and we are confident that by [Christmas] 2011, all three consoles will be at least $50 cheaper than they are today," Pachter professed.

Basically, us Brits may get 20 quid or so off our console bundles by the summer. Pfft, that's not even enough to pre-order a preowned title from Game. ®

Security for virtualized datacentres

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

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
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?
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
The hidden costs of self-signed SSL certificates
Exploring the true TCO for self-signed SSL certificates, including a side-by-side comparison of a self-signed architecture versus working with a third-party SSL vendor.