2007 was the year of the Wii. So, which console's cuisine will reign supreme in 2008? According to super-analyst Michael Pachter, that would be the PS3.
In the latest issue of EGM, Pachter predicts that the Wii will fall to the PS3 this year. The thing that will bring about this fall is not software (well, that too), but price. That's right, Pachter predicts that the price will soon be right for the PS3. The Wedbush Morgan analyst stated, "I think the Wii momentum will last until the Playstation 3 is under $300, so another year."
Perhaps Pachter is making too many assumptions: Will the PS3 drop to under $300? And if so, does that necessarily mean that Nintendo won't cut the price of the Wii to compete? If Nintendo doesn't price drop, will people even care (check eBay, for example)?
Of course, it's his job to make assumptions, so we suppose we can't fault him for that.