If you haven’t had enough of gaming news yet, Michael Pachter of Wedbush Securities is predicting Sony is going to do a price cut on its PS4 systems sometime soon in order to compete with the Nintendo Switch and the XBox Project Scorpio, the latter of which is expected to launch this year:
It’s safe to say that the PlayStation 4 is dominating the market in the current console era. After just recently hitting the hugely impressive milestone of 60 million units shipped, it appears that Sony’s successful console is far from showing signs of slowing.
But how will the PS4 fare this year in light of Nintendo fortuitous launch of the Switch and Xbox’s Project Scorpio that’s expected to launch later this year? Well-known analyst Michael Pachter suggest one answer—that a price cut is likely on the horizon for the PS4.
Such a price cut would likely affect both the PS4 and the PS4 Pro. The PS4 Pro is Sony’s direct competition to Xbox’s Scorpio, and while the specs of the Scorpio are far higher than that of the PS4 Pro, Sony could sway consumers its way by offering its own higher-end console at a far lower price than the competition.
If you don’t have a PS4 yet and want one, the time to buy may be coming soon.