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“The Wii remains at its November 2006 launch price of $249.99, and the core PS3 SKU has not seen a price cut since October 2007. We think that the negative software trend is less attributable to a weak software line-up, and can only conclude that until consumers are sufficiently interested in buying consoles, it will be difficult for publishers alone to drive sales higher each month. ...We do not think that either Nintendo’s or Sony’s console hardware forecast figures are achievable without a price cut, and we expect one by October for the PS3 with either a price cut or a different bundle for the Wii within the same time frame. We also think the Nintendo DS will be cut to $99 from $129 with the DSi cut to $149 or lower from $169. We anticipate the PSP will be cut to $129 from $169, and the PSP Go launch price of $249 to get reduced to $199 by some time in 2010.” - Webush Morgan analyst, Michael Pachter
Man, Pachter is calling for price cuts all around! How in the world does he expect these companies to make money if they're going to keep cutting prices?! I really don't think we'll see a drop for the DSi already. I mean, the system is at 7 million sold in its first year. It think that's pretty damn good for a slight upgrade from the DS Lite!
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Still, he mentioned the option which is actually likely to happen. Iwata has made it very clear that he doesn't like price cuts, but new SKUs — bundles, colours, maybe even a redesign — are a great way for Nintendo to maintain revenues and meet hardware goals.
Don't be surprised to find Nintendo shipping Wii Fit or Wii Sports Resort bundles this holiday season.
Man: "Hey Patcher what did you have for lunch?"
Patcher: "We will see a Wii price cut this year..."
I bet NSMBWii will be a system-seller. And I wouldn't be surprised if there was NO new bundle at all.
They'll leave the deals to the stores. I called it first.
There's really no chance you'll win, but you buy a ticket everyday anyway even when all your friends say you're wasting your money. Then one day you finally win the lottery and you're rolling in money and telling all your friends that you were right all along and rubbing it in their faces.
Of course the only difference is that if a Pachter won't get a million dollars. ;D
Fro~
"We think that stagnant false predictions will force Webush Morgan to consider a salary cut" -Varoennauraa
Anybody can make these inaccurate predictions so he can't seriously be paid to actually analyze the market and make an accurate estimation of what will happen based on market trends and business models or whatever. If he was, he would have probably been out of a job by now.
Logic does not apply to Sony or Nintendo. They'll keep their stuff the same price as it is until people stop buying them altogether.
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I wish I could get paid as much as he is to be completely wrong all of the time.
Does he actually believe the crap he's spitting out?