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Pachter Comments On Xbox 360 Game Price Drops Published by forahobby on Thursday, June 01, 2006
Wedbush Morgan Securities analyst Michael Pachter has analyzed the recently announced and impending price cuts for Xbox 360 titles in his latest note to investors, and noted that, while some titles launched alongside or within the launch window of the Xbox 360 have held onto their initial price point, the analyst expects a price drop for all such games in the near to immediate future as part of "a normal occurrence in the industry."
Pachter commented that, while the prices assigned to a video games following their initial release traditionally follows a pattern of dropping $10 every 60 days or so, some Xbox 360 releases have yet to see a decrease from their initial price of $59.99.
Price reductions for video games are part of the normal aging process that all releases go through, as noted by Pachter, who wrote: "In fact, we are surprised that games for the Xbox 360 have held launch pricing as long as they have (more than six months), and attribute their staying power to a lack of hardware supply over the first months following launch."
News-Source: http://www.gamasutra.com
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