This news will eliminate one less reason to criticize Playstation 3 and its sales performance since the launch. According to Godman Sachs ( A very prestigious financial firm) analysts Yuji Fujimori, expects a price cut of $100 worldwide by end of this year.

“The PS3 price has long been cited as high,” Fujimori wrote, noting that cutting the price of game consoles has historically quadrupled volumes.

Fujimori sees simplification of design aiding PS3’s profitability as well, noting Sony’s (Charts) original PS began with 700 components and concluded with 200, while the PS2 started with 2,000 parts and finished with 600. The PS3 prototype had 4,000 components but now a shift to around 2,000 is in the pipeline.

CNN Money adds that “Earlier in March, press reports in Japan said Sony is planning to introduce cheaper microprocessor chips for its PS3 to help bring down the price”.

Hopefully Sony will follow through with this expectation and gain consumer’s confidence.

Source

What are your Playstation 3 predictions for 2007? Let’s hear about it!

Filed under: Main, Rumors