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THQ expects a price cut on two of three consoles this year

consoles

THQ boss Brian Farrell expects price cuts in hardware this year by at least two of the three console manufacturers.

While refusing to go into detail on which ones will drop in price, he mentioned that THQ has taken these price cuts into consideration with future fiscal planning.

Farrell thinks that along with price cuts, no new consoles will be introduced for quite some time, as "peripherals will be released to keep consoles fresh for the next 4-5 years."

The news came from tonight's Q1 THQ earnings call.

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Stephany Nunneley-Jackson

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Stephany is VG247’s News Editor, with 22 years experience (with 15 of them at VG247). With a brain that lacks adhesive ducks, the ill-tempered, chaotic neutral fembot does her best to bring you the most interesting gaming news. She is also unofficially the site’s Lord of the Rings/Elder Scrolls Editor.

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