PS3 needs a price cut to stay competitive - different analyst

by Ben Salter Featured 4 Comments 18 Votes 370 Views 17/04/2012 Back to News

A different analyst, RW Baird's Colin Sebastian, says Sony needs to cut the price of the PlayStation 3 to remain competitive.

"Sony is in a tough position," he told GamesIndustry.biz. "In many areas of their business, they are losing share, such as TVs and computers, and their challenges are well known in gaming."

"The need to invest in a significant upgrade cycle for Orbis/PS4 comes at a awkward time for Sony, but to remain competitive longer term in games, we think there needs to be another price reduction on the PS3, and then be first to market with a next generation console."

The comments come off the back of Sony's estimated USD $6.4 billion loss in the financial year just ended.

By Ben Salter - Tweet @Ben_Salter

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PS3 needs a price cut to stay competitive - different analyst Comments

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And they better make the PS4 backwards compatible with PS3 games! I have such a huge back log of PS3 games it's not funny.
at least its not patcher in disguise. i agree the PS3 needs a price cut. look at the wii, you can pick one up for about $100 now and i always see someone buying one.
I'd buy one. PS3 needs a price cut to stay competitive - different analyst
Lol @ 'different analyst'.

So there is another one [MOG]

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