Here’s another one of Michael Pachter’s predictions. Last week he predicted the subscription cost for Xbox Live would increase to $10 a month soon. Now he’s saying the price of the Xbox 360 will be cut in 2010. In November, the PS3 saw an 85% year-over-year sales increase while the Wii and Xbox 360 saw sales decreases. This is the reason Pachter and his Wedbush associates drew the conclusion, which said, “We think that the PS3 will again outsell the Xbox 360 in November and December, prompting a price cut some time early next year.”
Microsoft “has the ability to lower price yet again,” but it probably won’t until “it begins to lose significant market share to Sony,” added Pachter.