PS2 and Xbox price drops expected soon...

Posted Apr 13, 2006 at 2:23PM by QJ Staff Listed in: PS3, Xbox 360 Tags:

Lazard Capital, a financial advisory firm believes that Sony will cut the price of their PS2 by the end of the month. This price drop is also expected to fall by around $20 to $129. They have the idea that possibly by 2007 Sony could cut the price by another amount to $99. The company also believes that the price of the Xbox (original) is expected to fall in retaliation. However this price drop might not increase sales as the delivery of the Xbox is becoming slower and fewer.

As next generation consoles roll-out the software titles to go with the original consoles are suffering and sales are falling. A price drop could increase some sales, however in order to see a great gain, current generation software firms will also have to cuts their prices. This is already apparent by companies like EA who are cutting prices by up to 20%. All of Lazard's thoughts are in direct contrast with what Ken Kutaragi said at the Playstation Business briefing in March, where it was stated no price drops would happen.

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Comments

# good — Guest 2006-04-13 09:11

price cut might be good for the ps2 cause developers are still supporting the system, even sony wit the release of gow2 which i kno i will be playin on the ps3, already traded in my ps2.

# GDG 2006-04-13 09:59

Agreed, Xbox I think is not that popular that much in my opinion!

# another xbox — Guest 2006-04-13 10:47

I could probably pick up another xbox, or two, or three and keep them around for backups. Would hate to have my media player go belly up on me.

# I agree — Guest 2006-04-13 11:00

the xbox used to be my halo station but now all it is is a media station

# there's life left in ps2 — comedy 2006-04-13 12:56

there are games left to come out for ps2 which will show it's in that 'indian summer' someone mentioned somewhere, ff12 (which is receiving VERY good reviews... v excited!) and kh2, and gow2, okami, and surely more but i can't remember.

but i'd be surprised if there was anyone left who needs a ps2, haven't they sold more ps2s than there are people yet?

# wooho — sakura 2006-04-13 14:19

alright now thats what im talking about 99$ im going to throw in a few ps2's in each room in the house so i dont gotta drag it around lol maybe even a few xbox's lan'd up in my tv room for those lan party moments.

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