Due to increasing pressure from Sony’s PlayStation 3, Wedbush Morgan analyst Michael Pachter believes that Microsoft will announce another price cut for the Xbox 360 to ring in the new year. He told Joystiq:
We think that the PS3 will again outsell the Xbox 360 in November and December, prompting a price cut some time early next year.
That seems a bit crazy. Microsoft’s most recent price cut went into effect in September — a little over three months ago. I can’t imagine the company slashing prices again a few months later.
What do you think of the predicted price cut? Too soon? Or a smart way to establish who’s the boss (Moan-a! Samanth-a! Angel-a!) in 2010.