PS3 price could drive people to buy 360 instead

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People could choose the 360 over the PS3 this Christmas because of the perceived high price of Sony’s console, an analyst has warned.

EDAAR analyst Jesse Divnich, as reported by Gamesindustry.biz, urged Sony to drop the price of the PS3 before Christmas kicks in.

He said: “We still urge Sony to consider a possible hardware price cut this holiday season. We should note that if Microsoft’s first-party titles perform significantly better in quality and popularity than Sony’s this holiday season, we could begin to see a considerable amount of potential PS3 owners, who may be waiting for a PS3 price cut, to choose the Xbox 360 over the PS3.”

“The $399 price point is simply too steep to entice the casual and mainstream markets, regardless of how great Resistance 2 and LittleBigPlanet may be. Currently, we expect Gears of War 2 to be the single best selling SKU this holiday season.”

Following a recent price cut, the Xbox 360 Arcade now retails in the UK at £129.99.

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LittleBigPlanet

  • Platform(s): PlayStation 3, PSP
  • Genre(s): Action, Arcade, Platformer