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Michael Pachter: Kinect price will drop

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Michael Pachter: Kinect price will drop
02-04-2011, 09:47 AM
Post: #1
Michael Pachter: Kinect price will drop
You all might be already familiar with Michael Pachter, analyst, who suggested back in November that the Kinect shortage was manufactured. This week he told his investors that the prices of the big three consoles will drop this year and Microsoft's move is expected for June.
According to Michael Pachter, Microsoft will have a drop in price in June, the first month when it will experience a year-over-year monthly sales declines.

After maintaining console prices at historically high points throughout 2010, all three console manufacturers appear to us to be poised for price cuts in 2011.
Thus, he believes that the 250 GB Kinect Bundle will reduce its price from the current 399.99 dollars to 299 dollars, which means a 25% price cut.
Kinect is selling by the millions so, personally, I don't think the price cut will happen very soon and most likely it won't be 25% either. What do you think? Is Pachter to be trusted? Get your Xbox Kinect here.
Source: Examiner.

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