$149 PSP coming soon? CNN reports

The Sony warehouses are slowly filling up with stockpiles of "finished gaming hardware." Could it be the PlayStation 2 or PlayStation 3? P.J. McNealy from American Technology Research thinks it's the PSP. "[The PSP] has lost momentum. Nintendo has had a great run since it launched the DS Lite and Sony needs to regain some ground." Due to the recent sales boost of DS Lite, and the commercial success of major DS software releases, the analyst expects that Sony will drop the price of the PSP to a mere $149, $50 less than what it is right now.

According to McNealy, this can give Sony a major advantage. Nintendo is unlikely to drop the DS's price from $129 due to its inability to meet demand. Sony's PSP comes with additional functionality, such as the ability to view movies, that will appear to make it a much greater value to consumers. For the full report, visit CNN.

[Thanks, steve!]

Tags: american technology research, AmericanTechnologyResearch, cnn, ds, mcnealy, price drop, PriceDrop, psp, sony

Reader Comments (Page 1 of 1)

Featured Galleries (view all)

BUZZ! Junior: Monsters
BlazBlue
SOCOM Confrontation: Cold Front
Mimana Iyar Chronicles
Gran Turismo 5 (Ferrari & Lamborghini)
NARUTO SHIPPUDEN: Legends: Akatsuki Rising
White Knight Chronicles (Gamescom)
R-Type Tactics II: Operation Bitter Chocolate
NBA 10 The Inside (PSP)

Team Joystiq

Chris Grant

Editor-in-Chief

RSS Feed

James Ransom-Wiley

Managing Editor

RSS Feed

Ludwig Kietzmann

Senior Editor

RSS Feed

Andrew Yoon

East Coast Editor

RSS Feed

Randy Nelson

West Coast Editor

RSS Feed

Justin McElroy

Reviews Editor

RSS Feed

Alexander Sliwinski

Contributing Editor

RSS Feed

Ben Gilbert

Contributing Editor

RSS Feed

David Hinkle

Contributing Editor

RSS Feed

Griffin McElroy

Contributing Editor

RSS Feed

JC Fletcher

Contributing Editor

RSS Feed

Kevin Kelly

Contributing Editor

RSS Feed

Mike Schramm

Contributing Editor

RSS Feed

Richard Mitchell

Contributing Editor

RSS Feed

Xav De Matos

Contributing Editor

RSS Feed

About Joystiq

Joystiq Features




Autoblog

DailyFinance

Download Squad

Engadget

Massively

Asylum

WoW

Engadget HD

Big Download