GameStop PS3 price cut

Video game retailer GameStop would love to see price cuts for the Xbox 360 and PlayStation 3, president Tony Bartel said during a recent post-earnings call with analysts and media. An analyst suggested price drops for those platforms are long overdue, and Bartel seemed to agree.

"We think it would be excellent and definitely would increase the sell-through rate on the old-generation consoles, " he said. "We definitely think that would help."

At the same time, however, Bartel clarified that GameStop has no direct knowledge of forthcoming Xbox 360 or PS3 price cuts, and thus has not factored this into its financial forecast.

Also during the call, Bartel said GameStop did not expect Xbox 360 and PS3 software and hardware sales to fall off the map as dramatically as they have during the past year.

"Year to date in the US, Xbox 360 and PS3 software and hardware are down 57.8 percent on a dollar basis, " he said. "That's clearly significantly more than we anticipated at the beginning of the year."

Xbox One and PS4 sales, however, are strong at GameStop. The retailer has announced that since those platforms launched in November 2013, the installed base in the United States is a healthy 73 percent greater than the Xbox 360 and PS3 base was over the same period of time years ago. This is roughly the same trend EA disclosed this week.

In the United States, the Xbox 360 starts at $180 for an 4 GB system, while a handful of bundles are offered for $250. Meanwhile, you can get a 12 GB PS3 for $200, or various bundles for $250.

You might also like

CablesFrLess CablesFrLess 3ft 3.5mm Patterned Tangle Free Auxiliary (AUX) Cable (Polka Dot White)
CE (CablesFrLess)
  • Plug your device to any AUX outlet to listen to your music, videos and recordings!
  • Listen to your music in the car with the 3.5mm Auxiliary (AUX) Auido Jack cable!
  • Tangle Free Flat design to avoid frustrating tangles!
TAKE 2 Interactive Spec Ops: The Line - Playstation 3
Video Games (TAKE 2 Interactive)
  • Action packed 3rd Person Shooter delivers heart pounding physically close combat
  • Squad-based play - lead a team of three characters, each with their own specialized skills
  • Mature story explores the dark side of war, where there are no good outcomes, only hard choices
  • Unique Dubai setting transports players to another world with stunning visuals
  • A new portrayal of the military shooter experience with twisting narrative uncertainties
  • Command an intelligent and powerful squad of Delta-Force soldiers in a dangerous and unpredictable combat zone.
  • Unique Dubai setting strikes the imagination and transports players to a larger-than-life playground for vertical gameplay and stunning visuals.
  • Sand-filled Dubai provides new gameplay experiences including sand avalanches, and powerful, disorienting sandstorm combat.
  • Customizable, Class-Based, Blazing Multiplayer

Copyright © . All Rights Reserved