Analyst foresees PS3 gaining momentum, Xbox 360 price cut at E3

Things have been relatively quiet on the Xbox 360 price-cut front as of late, but EEDAR analyst Jesse Divnich has now thankfully come through and stirred the pot a bit, saying that he thinks Microsoft is set to make an announcement about a price cut at E3 this July. That, he says, would be in response to the PlayStation 3's steady growth, which he expects to continue to out pace the 360, aided in no small part by exclusive titles like Metal Gear Solid 4. As if that wasn't enough speculation for you, Divnich further goes on to say that if Microsoft does in fact cut the price of the 360, Sony would likely follow suit with a price cut of its own within two months.

[Via Joystiq, thanks Jerry]

[Engadgetluvsappl @ Jun 13th 2008 5:36PM]

WTF? Where's Jason?

[Pochi @ Jun 13th 2008 5:39PM]

http://l.yimg.com/img.tv.yahoo.com/tv/us/img/site/05/54/0000040554_20070618120608.jpg

[Malikye @ Jun 13th 2008 6:12PM]

Pochi,

that was hilarious!

[The Angry Intern @ Jun 13th 2008 6:43PM]

that's almost as scary as Vorhees!

[Ian @ Jun 13th 2008 7:12PM]

this is going to be lame but who is that?

[Flashpoint @ Jun 13th 2008 7:33PM]

Metal GEar Solid PS3's sold out in 1 Hour

[pwharff @ Jun 13th 2008 7:42PM]

Yeah, what's up with that... I cannot find Jason either! ;)

[RyanG @ Jun 13th 2008 5:39PM]

Price cuts: We all win.

[ChuChu @ Jun 13th 2008 5:44PM]

I can't wait for the various fanboys to wander into this one. They will regale us with tales of Blu-ray, Xbox live, exclusivity, and red rings of death. I remember when I had the Atari 2600 and the kid next door had an Intellivision. Nowadays console wars are the spectator sport of the internet.

ok everyone ready,

and....... FIGHT!

[Johnny Lasley @ Jun 14th 2008 1:36AM]

I was the kid with the Intellivision. Almost three decades later and I am still a graphics whore. (FTW w00t! roxxor! ROFLMAOBBQ)

[bk7 @ Jun 14th 2008 7:40AM]

I was about to buy an xbox 360 next weekend (end of exams) - should i still buy it? Is this price cut going to happen or is it just speculation, and will it be cut in all countries (UK for me)?

[Temple @ Jun 14th 2008 1:22PM]

>>I was about to buy an xbox 360 next weekend (end of exams) - should i still buy it?

Next E3 is July 15-17, if you can wait then it might be worth it since big announcements are usually held till E3. But any price-reduction may or may not hit Europe. Its your call.

[Sy @ Jun 13th 2008 5:42PM]

A less expensive P.O.S. is still a P.O.S. Sorry, but I think people are weary of sending their consoles two or more times for repairs ...even if its for free.

[Pochi @ Jun 13th 2008 5:45PM]

I agree. Leave the price where it is and use it to invest in advanced cooling solutions. In the long run, the frustration saved will be worth paying whatever price cut would have been.

[Mark @ Jun 13th 2008 5:48PM]

I had to repair my console once (it wasn't even the RRoD). It didnt even affect me because my buddy who i was living with had one so it was like it didn't even happen. This is a valid point I think simply because of xbox saturation. Repairs aren't that big of a deal for some people because a lot of households have multiple xboxes.

The moment the xbox drops in price again, I plan on picking up an elite.

One of these days (probably years from today) when I get around to playing MSG3, I will THINK about picking up the ps3. Assuming of course I can navigate my way through their mess of versions and crippled models to get a decent model at a decent price.

[phenom @ Jun 13th 2008 5:49PM]

WOW thats true ... lucky for me my 360 has never needed repair, and if you went to buy one today ... It never would need repair due to the new components that todays 360's have in them ... so please please Mr. troll ... go somewhere else and circle jerk your propaganda with your friends.

[Mystic @ Jun 13th 2008 5:55PM]

Ain't that the truth. I'm TIRED of sending in my PS3 for repairs. At least my 360 has a 3 year warranty. I wonder how much it will be to repair my PS3 when its' warranty is up next year?

[Jake @ Jun 13th 2008 6:11PM]

@phenom You clearly are an idiot.. Even the latest 360's are just as bad. That won't change until Microsoft shrink their GPU die. That's due to happen late 2008/early 2009.

[Pochi @ Jun 13th 2008 7:14PM]

Why was Jake low ranked? He's right, new Xbox 360 models haven't proven they are any more reliable than the old ones. The cooling just still isn't cutting it.

[dothedrewtoo @ Jun 13th 2008 7:19PM]

@phenom. propaganda? http://www.ripten.com/2007/07/03/failure-rate-xbox-360-high-as-33-sony-ps3-less-than-1/
the title of the article is

"Failure Rate: Xbox 360 High As 33% - Sony PS3 & Nintendo Wii Less Than 1%"

oh and Mark, you're right, the answer to xbox failure rates is to just buy several consoles... are you freaking kidding me?

i'm not just a sony fanboy, i bought a 360 and it died 3 TIMES!!! in one year! it was at the repair center more than it was at my house. i got tired of it and bought a ps3, and i've never been happier.

[Cory @ Jun 13th 2008 8:44PM]

It's always the same people that keep having their consoles break. I've had my 360 Elite for over a year now, and it still works fine. I've never had a single console break, in my collection of consoles are 2xXbox, 1xXbox360, Dreamcast, Gamecube, N64, Genesis, PSP, not a single one of them has had a bit of problems.

Keep the power brick 2 feet away, and keep it horizontal, and you'll be fine

[Wii60 @ Jun 13th 2008 10:37PM]

I abandoned the platform after RROD #3. Got a PS3. Its clearly poised to be the better console, but I do miss the 360 controller. That thing is freaking perfect.

[SHoe @ Jun 13th 2008 10:51PM]

Great if you have never had your 360 break - but don't insult the many pissed off people who are in tech support hell by saying that it doesn't happen. I know three 360 owners - the best scenario is one who only had to have it repaired once. The worst scenario is my friend who is on his 5th 360 (!). I am not biased towards the PS3: even though I own one and 2 other people I know own a PS3 (and none have needed to be replaced or repaired), I still tell my 360 owning friend that buying a PS3 won't solve his problems because the games he wants just aren't there on the PS3 (he has buyer remorse about his 360 and I have told him on many occasions that the grass is not necessarily greener on the other side of the fence). But no doubt about it (and the stats back this up) - the 360 is fucking horribly unreliable hardware and the Wii and the PS3 are definitely better in this one regard.

BTW: none of my friends have their 360 enclosed in a way that would cause over heating and they ALL have it standing vertically. Great if you have been lucky - but realize that that is all that has happened; you were just lucky. No conspiracy of hate here - just look at the available stats! If your 360 is fine, then don't fucking accuse others of lying or blame them for the problem - accept that you are lucky and that maybe the publicly available evidence on this one is correct.

[ZeitgeistXIII @ Jun 14th 2008 11:23AM]

We have two xboxes one 1st gen and one elite. Neither one has had any issues that requires sending in. We use a disc head cleaner when it the older started to have problems reading the discs but that was one time and no issue since. These get used a lottoo so not all of them are P.O.Ss. So the price drop wonat affect us till Sony does it and makes theirs cheaper.

[wolf @ Jun 15th 2008 3:46AM]

I would take one for free- just for the games that aren't on ps3- but I wouln't buy one because of the stability

[Jay @ Jun 13th 2008 5:44PM]

analysts need to just shut up

they don't know whats gonna happen and shouldnt try and act like they do

[BlissX @ Jun 13th 2008 5:56PM]

Agreed. Same group of folks who believed the PS3 would sellout on launch, say GTAIV would sell more on the PS3, etc.

I take it they might be Sonys Payroll.

[Dr. Evil @ Jun 13th 2008 6:31PM]

Yeah, and how can you trust anyone who's job title starts with "Anal"? I mean really, what is an anal-ist (sp) anyway? Sounds like an expert in all things that are anal. But I thought that was a proctologist. Maybe an anal-ist is just someone who dabbles in anal things. Who needs that? And what does any of this have to do with game consoles!? I dunno. I'll give it some more thought and report back to you guys later. It might be tomorrow though so don't wait up.

[Shinigami @ Jun 13th 2008 7:00PM]

Speculating on facts is the job of analyst ;) they're guessing xD

[Cal @ Jun 13th 2008 7:19PM]

The 'anal' comes from the amount of shit they spew

[SHoe @ Jun 13th 2008 10:57PM]

@ Jay: Amen brother. And this is just the tip of the analyst scam. The more you know about an industry the more apparent it is what a damn joke these analyst reports are. The biggest leaches out there.

[Pochi @ Jun 14th 2008 9:59AM]

@BlissX

"Same group of folks who believed the PS3 would sellout on launch..."

IT DID!

[El Taco @ Jun 15th 2008 12:36AM]

@pochi

not as much as wii did. I don't know about launch date, or about the 360, but when I got my wii, which was exactly a week after the PS3 came out, I went to gamestop at 5:00 AM and there were 9 people there, 8 came later and all of them were for wii, none for PS3, and they had 10 PS3's in stock

[Pochi @ Jun 15th 2008 12:55AM]

@El Taco

How can something sell out at launch "not as much?" It either sells out as launch, or it doesn't.

[Manuel @ Jun 13th 2008 5:46PM]

Price cut? And I just bought my second PS3. :(

[phenom @ Jun 13th 2008 5:50PM]

why did you buy 2?

[JMMGoalster @ Jun 13th 2008 7:36PM]

why would you even buy one?

[sjdurfey @ Jun 13th 2008 10:25PM]

i just bought mine a few hours before this posting. but im loving it too much to return it.

[The Aggie CEO @ Jun 13th 2008 5:51PM]

I am no analyst but I dont 4see the PS3 getting a price cut anytime soon.........

360 yes........

but hell dude is right........

if the 360 doesnt drop........Sony MIGHT would pull out the knife and take a stab @ M$ by dropping their price again.......in which case M4 would HAVE 2 drop theirs to keep up.........

[The Aggie CEO @ Jun 13th 2008 5:52PM]

**I meant M$ not M4

[David @ Jun 13th 2008 6:37PM]

So you are saying that if microsoft doesn't drop their prices, Sony will have to drop their's instead?

wow, nice logic. You should draw pictures.

[SimbaDogg @ Jun 13th 2008 7:43PM]

i dont think i've seen too many people get low ranked, then reply on their own comment only to find that low ranked as well...

but you, whoever you are, you have done it...good job

[The Aggie CEO @ Jun 13th 2008 8:05PM]

ROFLMAO!!!!!!!!!!

I wasnt saying Sony would HAVE 2 drop their prices if M$ didnt..........

I said they MIGHT...........sheeeeeeesh

[David @ Jun 13th 2008 8:08PM]

oh ok, guess I got pretty confused by your grammars

anyway, but seriously though, ps3 sales are picking up steam, there's no need to drop prices

I don't think they could make supply meet demand if they did

[The Aggie CEO @ Jun 14th 2008 9:05AM]

yea they have been picking up steam for quite some time now, and I'm glad because thre are more people that will get games like Warhawk & Resistance allowing for more fun online.

but hell you may be right, would they really be able to keep up demand if they lower the price again??

[Mystic @ Jun 13th 2008 5:52PM]

It still amazes me that people think this means something. Of course PS3 is selling more because it came out a year later and there are more people who don't have a PS3. How about looking at total consoles sold and the attach rate for games if you want to 'analyze' something.

[Paul Rivers @ Jun 13th 2008 11:11PM]

Not only does the 360 have the market saturation thing going, but a ton of the people who buy a PS3 never, ever play a game on it and use it solely as a bluray player. Those purchases don't exactly "count".

...honestly though, it's to bad. All my friends have xbox 360's and I like the online play so I got one. But on it's own the PS3 is the better console - every other day doesn't need repairs. It's not a noisy beast like the 360. And in addition to playing games, it plays high def movies. It's a way better system...if it also had good online play and all my friends had one. :-)

[wolf @ Jun 15th 2008 3:54AM]

I honestly think wal mart had a big deal to do with it- they had a special on ps3's this last month- and i plunked and got one- it was a $100 gift card with a purchase, which puts the console @ $299 for the 40 gig- that's only $50 more than a wii which is a damn fine price point.
also if you factor in the economic stimulus checks, it is enough to cover a ps3 and a few games, so for those that kind of wanted one but weren't sure probably got one.

[Cal @ Jun 13th 2008 5:53PM]

Anyone else get sick of all these 'analysts'?

[Jarhead2012 @ Jun 13th 2008 6:22PM]

I concur, chap.