I love Wedbush Morgan analyst Michael Pachter. In addition to videogames, we can talk about WWE and gaming United Airlines’ frequent flyer program. That’s pretty much all I know. I also love that he’s so quotable. He recently told Industry Gamers that Microsoft needs to slash the price of the Xbox 360 in order to beat Sony’s PlayStation 3 this holiday season. Here’s the deal:
If Microsoft does nothing, I think PS3 will outsell Xbox 360. However, my friends at Microsoft are extremely proud, and they absolutely refuse to tolerate the possibility that the PS3 will outsell the Xbox 360. I think they have the ads printed for the Xbox 360 price cut, and will drop them on us the instant they see PS3 sales greater than 360 sales.
I know that the lot of you are split on Pachter. Some of you are fans of his brazen predictions. Some of you would love for him to pipe down a bit. What do you think of his latest claim? Is Sony’s momentum with the PlayStation 3 something for Microsoft to be concerned about? Is an Xbox 360 price cut necessary in 2011?
Pachter's prediction seems like a precursor to a post I wrote on here recently (again giving credence to the notion that we here at rpad.tv determine what happens in the rest of the world). I don't know where that post was made at, but I wrote that Playstation will overtake Xbox in the next gen. Pachter must have read my post and then made his prediction about a time closer to the present then my prediction was…yep, that must be it.
I'm pretty sure that, with the PS3 being the superior hardware AND being at a low price, the PS3 should beat the Xbox 360 this year. However, think about it; the majority of games for the PS3 coming out right about now aren't exactly kid-friendly, and it's Christmas we're talking about. How will Killzone stand up to Kinect in parents' eyes?