More console price drops to come

The good news for gamers just keeps on coming, doesn’t it? With the goodies that keep popping out, what else could there possibly be?

Well news is from the states that games retailer GameStop predicts price cuts from both Microsoft and Nintendo for the Wii and Xbox 360 following Sony’s drop in price for the PS3 Slim. This is undoubtedly a good thing.

‘The recently announced Sony price cuts and most likely others should get the installed base growing again and we now know of about ten major titles that are scheduled for 2010,’ said GameStop CEO Daniel DeMatteo. ‘On the price cuts, historically what has happened is that the other manufacturers who follow the others with a price reduction. We assume in our forecast and some time in Q3 that that will occur but we don't have any data on that though. But we have an assumption it will.’

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