PlayStation 3 stocks in the UK have become pretty scarce over the past few weeks. According to Wedbush Morgan analyst Michael Pachter, there is mounting evidence of a price cut. Speaking in a recent VG247 podcast, Pachter said that Japanese retailers are in a situation similar to the one retailers in the UK are experiencing. The PS3 price cut is widely believed to be made public at GamesCom in Cologne on Tomorrow.
It’s looking more and more likely based on what we’ve heard from retail.
The retail commentary I’ve seen has come out of the UK. I have not seen at US retail. We heard Japanese retail a few weeks ago say they weren’t going to be getting any more PS3s after August 8, and now we’re starting to hear UK retail say they cannot re-order PS3s until month-end.
And that suggests there’ll be a model change.
If Sony’s practice is the same as it was in the past, and the Slim is more of a redesign of the components to drive down cost, then I think we will get a price cut.