Business Gaming Nintendo Wii Playstation 3 Xbox 360 — 08 March 2011

This kind of goes without saying, but according to an analyst at US investment house Wedbush, named Michael Pachter, we can expect to see the price of all the major video game consoles drop by $50 come this summer. He predicts that this news will officially arrive at E3, which is held in Los Angeles, CA and features the latest and greatest in video games. He says that Xbox 360 will lead the pact and announce a price cut first in the hopes of maintaining the sales inertia they’ve gained around their Kinect system.
Image courtesy of GameGuru

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