Pachter predicts another Xbox 360 price cut in 2010

Posted by Mister-X on December 7th, 2009 at 04:00pm

If you read the first installment in the latest installment of "Pachter Predixx," you already know that the analyst's new report praises the PS3 for its resilience during these troubled times. According to the report, the PS3 saw an 85-percent year-over-year sales increase in November, while the Wii and Xbox 360 suffered sales declines. This reversal in fortune leads Pachter and his Wedbush associates to a surprising conclusion: "We think that the PS3 will again outsell the Xbox 360 in November and December, prompting a price cut some time early next year."

Pachter adds that while Microsoft "has the ability to lower price yet again," it probably won't do so until "it begins to lose significant market share to Sony." As with all conjecture -- even when delivered by professional conjecture conjurers -- we suggest considering Pachter's educated guess as just that: a guess.

Pachter predicts another Xbox 360 price cut in 2010 originally appeared on Joystiq on Mon, 07 Dec 2009 15:00:00 EST. Please see our terms for use of feeds.