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PS2 price drop could boost sales 30% this quarter, says analyst

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EEDAR's Jesse Divnich has estimated that today's PS2 price drop will provide a significant sales boost for the machine.

"In terms of sales, we expect the PS2 price cut to increase hardware sales 30% ahead of last quarter in the North America (January through March 09) and to increase hardware sales by 10% year-over-year for quarter 2 (April through July)," he said in a note.

Sony said earlier today that PS2's price would come down to $99.99 in the US tomorrow.

"With a mid-range DVD player currently costing $50, an additional $50 to also get a gaming console with the largest software library makes the PS2 an incredible deal – particularly during the current global economic conditions," Divnich added.

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Patrick Garratt

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Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.
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