Wedbush Securities analyst Michael Pachter has said it is very likely that Sony will cut the price of PlayStation 3 (PS3) consoles as it unveils the PS4 in New York next week. Pachter told GamesIndustry International that a cut was likely by February 21, the day after the Sony PS4 event. He predicts a cut to $199 for the console, and that Microsoft will respond with price cuts for the ...
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