It's time once again to look into the future. That's right, Michael Pachter of Wedbush Morgan Securities, all the way to the year 2008! And what does he see? He says that we should "expect a price cut no later than April, likely to $399 for the 80Gb model" of the PS3.

This would be a $100 price drop on top of the already slashed $499 price he predicted for the holiday season. Pachter believes that Sony's recent IPO announcement, will enable Sony to drop prices even further for early next year. And hopefully, just in time for Metal Gear Solid 4.

[via Joystiq]

This article was originally published on Joystiq.

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