News: Pachter: Wii’s advantage will be eroded by competitor price cuts
The PlayStation 3 and Xbox 360 could see further price cuts this year, analyst Michael Pachter has predicted, which would lead to the Wii losing the price advantage it has over its competitors.
Following Nintendo’s release this week of its Q3 financials, Pachter said that the company’s performance had been largely in line with expectations, with solid holiday sales for the Wii and strong performances by Wii Fit Plus and New Super Mario Bros Wii – both of which sold over 10 million.
However, he predicted the console could lose its advantage next holiday as the PlayStation 3 and Xbox 360 come down further in price.
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