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Wii Still Scarce; Price of PS3, 360 Likely to Fall: GameStop

Posted Mar 20, 08 4:10 PM CDT in Business,  Arts & Living,  Technology 

(Newser) – GameStop execs say they expect to be short on Wii consoles for the next two quarters and that $50 price drops are likely for the Xbox 360 and PS3. PSP shortfalls are also anticipated, but the PS3 should be well-stocked. The company’s CFO said several hardware prices cut were likely, Kotaku reports.

In addition to the chops for the Xbox 360 and PS3, David Carlson say a $30 chop for the PS2 was also likely; he stressed he was only making predictions, and had no direct knowledge. As to the impact of recession on the gaming industry, he said if there was any, it would likely be positive—noting that in downturns, like after September 11th, “consumers travel less and stay at home more.”

Sources Kotaku, Gamasutra

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GameStop customers rode the streets of NYC with Tiger Woods on this double decker bus to an exclusive trick shot show featuring the pro golfer (Photo   (AP Photo)
Wii Video games are seen on display at a Best Buy store in Mountain View, Calif. in this Dec. 17, 2007 file photo.   (AP Photo/Paul Sakuma, file)
In this photo provided by Nintendo Co., controllers for the Wii video game system are shown Thursday, Dec. 13, 2007.   (AP Photo/Nintendo Co., Corky Trewin)
One of the first customers to purchase a Xbox 360 "Halo 3" Special Edition video game console walks out of a GameStop store in Universal City, Calif. on Tuesday, Sept. 25, 2007.   (AP Photo/Dan Steinberg)
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