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Console Price Cuts: The Evidence
>> From next-gen.biz:
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Next-Gen burrows through the archives of history to figure out how and when hardware manufacturers drop their prices. Click through for graphs, stats and facts galore. Conclusion - we're due a price cut...
For all the talk of Sony dropping its price, it is Microsoft that appears to have the impending date with destiny. In fact, if Microsoft doesn't drop its price by the end of July 2007, it will have held the line on its pricing longer than the PlayStation 2 did last generation.
How did price drops happen last generation? Both the GameCube and the Xbox had quick price drops after six months (from $200 to $150 and $300 to $200 respectively) and the PlayStation 2 lasted 19 months before it dropped from $300 to $200. You might recall that all three of those price drops came in the same month: May 2002. It is also worth noting that by the end of 3.5 years on the market all three consoles had settled in at 50% of their launch prices.
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Full Story: next-gen.biz (4 pages)
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