Is it time to respect Pachter?-or-Will there be an Elite price drop?

Michael Pachter believes there will be $100 price drop to the Elite console by the fall. This will be in response to the P$3 price drop.

In this instance I am surprised by $ony's unbelievable price and I think it would be a good idea for M$ to drop the price too. However, I am not sure they will. So, if M$ drops the price for their Elite by mid-October or at least announces a price drop by October 1, I'll start giving Michael Pachter a little respect.

If he's wrong, he goes back in the round file holder(the trash).

What do you think? Is there going to be a price drop for us by the end of Fall?
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Edit- I hope there is a drop. I have a launch console and none of the accessories(controller&headset) stay connectedto the proper quadrant. I want to get a new console to replace my original love.

Wow, I really thought more of you people would be interested by a 1/3 price drop on our favorite console.

Or at least the prospect of once againproving Michael Pachter has a complete disconnect from the market.
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Any thoughts?

Wow, I really thought more of you people would be interested by a 1/3 price drop on our favorite console.

Or at least the prospect of once againproving Michael Pachter has a complete disconnect from the market.
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Any thoughts?

gatsbythepig

That'd be a 1/4 price cut. And I don't see the need. A $100 price cut and some cheap-o fake model isn't going to send Sony into first place in the sales race. If they do, it just shows how threatening Microsoft thinks the PS3 is. Microsoft had a lot of it's sales from it's low price. Now that Sony cut that off, cutting the price would be admitting that Microsoft is getting worried.

yeah i have to say the 360 is already in the affoordable area with its prices someone who wants a 360 isnt going to not get because of the price like what happen with the ps3 but the price drop is a very good move by sony im actually planning on getting a slim. 360 will always be my main though.

All the price's of the 360 are cheap enough they don't need any price drop's, IMO what they need to do is bundle in some of the top game's and mabe a extra controller.

[QUOTE="gatsbythepig"]

Wow, I really thought more of you people would be interested by a 1/3 price drop on our favorite console.

Or at least the prospect of once againproving Michael Pachter has a complete disconnect from the market.
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Any thoughts?

Phoenix534

That'd be a 1/4 price cut. And I don't see the need. A $100 price cut and some cheap-o fake model isn't going to send Sony into first place in the sales race. If they do, it just shows how threatening Microsoft thinks the PS3 is. Microsoft had a lot of it's sales from it's low price. Now that Sony cut that off, cutting the price would be admitting that Microsoft is getting worried.

[QUOTE="Phoenix534"]

[QUOTE="gatsbythepig"]

Wow, I really thought more of you people would be interested by a 1/3 price drop on our favorite console.

Or at least the prospect of once againproving Michael Pachter has a complete disconnect from the market.
.
.
.
Any thoughts?

gatsbythepig

That'd be a 1/4 price cut. And I don't see the need. A $100 price cut and some cheap-o fake model isn't going to send Sony into first place in the sales race. If they do, it just shows how threatening Microsoft thinks the PS3 is. Microsoft had a lot of it's sales from it's low price. Now that Sony cut that off, cutting the price would be admitting that Microsoft is getting worried.

It's ok. Simple mistake. I don't doubt a price cut, just not right now.

[QUOTE="Phoenix534"]

[QUOTE="gatsbythepig"]

Wow, I really thought more of you people would be interested by a 1/3 price drop on our favorite console.

Or at least the prospect of once againproving Michael Pachter has a complete disconnect from the market.
.
.
.
Any thoughts?

gatsbythepig

That'd be a 1/4 price cut. And I don't see the need. A $100 price cut and some cheap-o fake model isn't going to send Sony into first place in the sales race. If they do, it just shows how threatening Microsoft thinks the PS3 is. Microsoft had a lot of it's sales from it's low price. Now that Sony cut that off, cutting the price would be admitting that Microsoft is getting worried.

^You have made some incorrect assumptions about this topic. We all know about the possible drop. We are talking about if the drop is real and occuring this fall, as Pachter is predicting.

Do you have a link please that says definitively there will be a price drop this year. I still have not found one. Thanks.

To my knowledge, there was supposed to be a 360 price cut. My manager at work had told me about it and a customer came in the other day to buy a 360. Long story short, my manager ended up having to call his supervisor who told him the price cut had been cancelled.

Considering that the Elite no longer has an HDMI cable, it seems fitting that there would be a price cut.

Here's the most compelling article I have seen so far, although it is still speculation if the image is even real.

This is another news link I found that addresses the issue of a price drop by assuming it was going to happen, even though it doesn't show a reputable primary source. Also the article states that the supposed cut is now delayed. There is still no speculation as to when the cut will happen except from Michael Pachter.

Could Abundant Xbox 360 Stock Have Halted Microsoft's Price Cut?

So, is this going to happen, or what?

Retail stores confirm 360 Elite is getting a price drop to $299 and discontinuing the Pro.moose_knuckler

http://arstechnica.com/gaming/news/2009/08/price-drop-spotted-360-elite-going-to-300.ars

Here is the above address hyperlinked for your pleasure.

http://arstechnica.com/gaming/news/2009/08/price-drop-spotted-360-elite-going-to-300.ars

Once again another article that is spreading the rumor. Is there any proof out there?

There is some serious evidence suggesting that the 360 will get a price cut. A recent Wal-Mart ad showcases the Elite at $299, and there were some other articles I saw today that further fuel this fire. Whether or not it does probably won't make much of a difference. At the same price level as the 360 and an attractive new design that garnered a lot of attention this week, the PS3 will probably begin to gain a lot of thunder. Microsoft dropping the price to the same level will not have a huge impact IMO. And why all the hate for Pachter? He doesn't seem like a douche or anything, just a guy who makes some good predictions and some bad ones. What's wrong with that?bluem00se

Honestly the $100 price drop for the Elite will likely have little effect.

The Elite is just a black ARCADE with a harddrive. There is no real advatange to having an elite and it's unlikely too many consumers were waiting for an Elite price drop when they ccould get the ARcade for $199 for over a year now.

The PS3 slim is not only a new design but it's the base model and it's the cheapest PS3 ever. It will get a lot more attention and is likely to sell more at the point, especially considering blu-ray is becoming more mainstream.

Honestly the $100 price drop for the Elite will likely have little effect.

The Elite is just a black ARCADE with a harddrive. There is no real advatange to having an elite and it's unlikely too many consumers were waiting for an Elite price drop when they ccould get the ARcade for $199 for over a year now.

The PS3 slim is not only a new design but it's the base model and it's the cheapest PS3 ever. It will get a lot more attention and is likely to sell more at the point, especially considering blu-ray is becoming more mainstream.

Kotaku has a picture of a leaked Wal-Mart ad: here. It could still be fake, but it looks to be true.

The 360 elite is cheaper than the ps3 slim in the uk alreadyEmpCom

Idk if this has been posted, I didn't feel like reading but apparantely there's been a leaked Walmart ad showing a 300 dollar elite. http://xbox360.ign.com/articles/101/1017301p1.htmlKaos39

That'd be a 1/4 price cut. And I don't see the need. A $100 price cut and some cheap-o fake model isn't going to send Sony into first place in the sales race. If they do, it just shows how threatening Microsoft thinks the PS3 is. Microsoft had a lot of it's sales from it's low price. Now that Sony cut that off, cutting the price would be admitting that Microsoft is getting worried.

Phoenix534

It's called competition. You do what you have to match or beat your competitor. Sony is behind by ~10 million units and I suspect there are millions of unsatisfied wii owners so there is still a market to be had and with this move Sony is the value winner even with the elite at 300. I don't see why Microsoft is keeping the arcade, let alone at 200. I would bundle an XBL card with 800-1600 points and move the pro to 200. Microsoft's selling point is Xbox Live and software.

This is all wishful thinking though as I wait to buy a new 360 :P.

[QUOTE="DumbDubya"]

Honestly the $100 price drop for the Elite will likely have little effect.

The Elite is just a black ARCADE with a harddrive. There is no real advatange to having an elite and it's unlikely too many consumers were waiting for an Elite price drop when they ccould get the ARcade for $199 for over a year now.

The PS3 slim is not only a new design but it's the base model and it's the cheapest PS3 ever. It will get a lot more attention and is likely to sell more at the point, especially considering blu-ray is becoming more mainstream.

gatsbythepig

Between the two, the PS3 slim is a better value at the price. I don't think any of us can deny that considering it comes with Blu-ray, wireless networking, and rechargable controllers. But Xbox's main attractivness is the online experience and the game library.

Micrsoft should have included the wireless adapter with the elite and maybe throw in a chatpad to make it a more attractive purchase.

The way i see it, the average consumer will continue to buy the arcade so sales won't spike. People looking to upgrade to the Elite will be gamers like us (the minority).