According to an analyst with EEDAR, the Xbox 360 price drop will happen within a week.

That's right, the Xbox 360 price drop will no longer be rumor or speculation seven days from now, says EEDAR's Jesse Divnich.

Instead, the Xbox 360 price drop will be reality within one week's time - and maybe within the current week.

To quote: "EEDAR is pleased to see...

Posted 80 days ago      0 Comments      Read More »


Following analyst Michael Pachter's prediction from earlier today comes another PS3 price cut ad leak... this time from Hastings, a Texas-based retailer.

According to the ad, the current stock of 160GB PS3s will be cut to $400, a $100 savings over the original.

In related news, CAG is reporting FYE is now selling 80GB PS3 consoles for $299, with the Uncharted bundle for...

Posted 85 days ago      1 Comment      Read More »

To confirm earlier reports of discontinued models and old stock drying up, today Wedbush Morgan analyst Michael Pachter stated in a Podcast that we're about to see a PS3 price cut and the introduction of a new hardware SKU.

To quote: “The retail commentary I’ve seen has come out of the UK. I have not seen at US retail. We heard Japanese retail a few weeks ago say they weren’t going to be getting any more PS3s...

Posted 85 days ago      1 Comment      Read More »


Activision CEO Bobby Kotick, the same guy who threatened to drop PS3 if Sony doesn't cut the price, is now seeking higher video game prices.

Kotick's response came after Mike Griffith answered analyst Tony Gikas' question on price points, as follows:

"And then on the second question, Tony, on the pricing, we’ve had for all of our launch titles in the back half of this year, some of which...

Posted 92 days ago      26 Comments      Read More »

During a conference call, Take-Two confirmed part of the recent predictions from an industry analyst... specifically stating that Grand Theft Auto V isn't planned for 2010, but for the following financial year instead.

To quote: Rumors have popped up lately, indicating a new GTA would hit sometime in 2010. Take-Two was very tight lipped on the matter, despite being pressed hard...

Posted 116 days ago      4 Comments      Read More »


Wedbush Morgan analyst Michael Pachter has predicted that Sony will cut PS3’s price before October 1, 2009 if US hardware sales continue to slide.

Speaking in a note today, Pachter estimated that US Wii, 360 and PS3 sales will show a year-on-year decline of 43 percent for June.

To quote: “We think that the console manufacturers will therefore be forced to consider a price...

Posted 117 days ago      3 Comments      Read More »

Take-Two and Rockstar are expected to release two brand new downloadable episodes for Grand Theft Auto IV in fiscal 2010, and release GTA V the following financial year.

According to analyst Todd Mitchell, who told GamesIndustry.biz (linked above) that following the release of Xbox 360 exclusives The Lost and the Damned and The Ballad of Gay Tony, two all-new episodes are due –...

Posted 128 days ago      1 Comment      Read More »

As part of an absolutely massive 210-page report from Wedbush Morgan Securities on the future of the video game industry, analyst Michael Pachter has predicted that Japan will be the Achilles heel for Microsoft, enabling Sony's PS3 to overtake Xbox 360 on the global market.

Wii, however, will maintain its leadership role until the end (with a little help from a new "Wii HD").
Posted 131 days ago      2 Comments      Read More »

Gaming analyst Michael Pachter has briefly mentioned the days of a 1TB Project Natal 'new' Xbox 360.

He noted he does not see the timing of new releases and digital downloads being a function of anything other than hard drive sizes.

To quote: Industry analysts have identified the limited storage space of the current Xbox 360 range as a major feature holding the tech back...

Posted 136 days ago      7 Comments      Read More »

GameStop has revealed via IGN that it believes a PS3 price cut in 2009 is highly likely.

According to them, a Wii price cut is also expected this year.

To quote: Executives at major retailer GameStop have weighed in with their console predictions for the remainder of 2009, expecting both PlayStation and Wii to receive a meaningful price cut before the year...

Posted 138 days ago      7 Comments      Read More »