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PLAYSTATION 3 (PS3)
at 2:45PM PST on March 1, 2008.
RE: Analyst - Wii owners to buy PS3 in 2008
I think the forecast of a price cut in 2008 for PS3 isnt particularly wild.
Thats basically the standard play for consoles that are behind. Consider XBOX & GC, dropping once close to a year, and then again almost a year later, while the consoles with lead marketshare leverage that advantage and turn it into longer periods of time without price drops.
History also indicates that consoles that are behind never come to take the lead, particularly this far out. Quite the contrary: Normally the market leader does nothing but widen the gap in subsequent years. iSuppli and many analysts that had originally forecasted doom for Nintendo and continued dominance by Sony still stubbornly stick to it.
Much of the Wii install base are newcomers, and have never been attracted to the high end graphical and/or traditional gaming in the past. But the PS3 is going to change it? Ridiculous.
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