27w ago - Following up on the previous rumors for PlayStation 3 pricing, today Wedbush Morgan analyst Michael Pachter speculates that Sony's PlayStation 4 will sell for $349 while Microsoft's XBox One will go for $399.
Below are the details, to quote: "Investment firm Wedbush Morgan has suggested the PlayStation 4 will retail in the US for $349, significantly lower than the PS3's starting price of $599.
In an E3 preview note to investors Michael Pachter, analyst at the company, estimates that the PlayStation 4 has a bill of materials at around $275, while Microsoft's Xbox One costs around $325. As such, Wedbush is expecting the new Microsoft console to cost $399.
But while Microsoft's new hardware may be priced higher initially, it's also more likely to be available at a subsidised price to the consumer through a subscription contract from a broadcast, cable or ISP provider.
"We believe the ability to watch live TV from a cable, telco, or satellite set-top box through Xbox One could entice an MSO to drive subscriptions through a subsidised box in exchange for a multi-year contract. The 'always connected' requirement for the Xbox One likely means that a broadband...
225w ago - 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 after August 8, and now we're starting to hear UK retail say they cannot re-order PS3s until month-end. And that suggests there'll be a model change."
He added: "If Sony's practice is the same as it was in the past, and the Slim is more of a redesign of the components to drive down cost, then I think we will get a price cut."
Only a few days to go until Sony's GamesCom keynote address in Cologne next Tuesday... then we'll all know for certain.
232w ago - 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").
To quote: "We expect the dominant console at the end of the this cycle to be the Wii, as we think that the console's low price point, innovative control mechanism, and compatibility with standard definition televisions will provide it with a competitive advantage over the next two years.
We expect Nintendo to sustain this competitive advantage by introducing a high definition version of the Wii, perhaps as early as the end of 2010, in order to convert its large installed base into true 'next generation' households," Pachter said.
"We think that the PS3 will capture significant market share, primarily due to Sony's victory in the high definition DVD format war, and will end up in second place by 2015.
Although Microsoft's Xbox 360 enjoyed a first mover advantage, we think that its market position will fade to third place due to lack of penetration in Japan."
248w ago - What with development for the DLC episodes, Rockstar Games isn't done with Grand Theft Auto 4 just yet.
Despite that, analyst Michael Pachter is already pegging 2010 as the perfect time for the next console iteration of the sandbox franchise.
And since it's Pachter we're talking about here, he can't just leave it at a release date prediction. He's also forecasting that by 2010 - if GTA V does get released then - it will be able to sell 50% more than last year's GTA IV.
To quote: We don't think it is reasonable to estimate that sales of GTA will double the prior version, but we think that a 25 - 30 per cent penetration is reasonable, suggesting 15 - 18 million units sold.
That means that Take-Two's profits from the next iteration should be approximately 50 per cent greater than from the last version.
Total sales for GTA IV on the PS3 and Xbox 360 currently amount to 12 million units so far. That's 40% of the 30 million projected installed base of the PS3 and Xbox 360 combined in Europe and North America. (In short, of all the people who have a PS3 or 360 in the west, 40% of them bought GTA IV). The "25-30% penetration" he mentions above is based on a projected 60-million combined installed base for the two consoles by 2010.