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A PS3 price cut would "really boost the industry," says analyst

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Billy Pidgeon, an independent analyst at Game Changer Research, reckons the gaming industry in general would benefit from Sony slashing PlayStation's price.

"The thing that would really boost the industry in this traditionally slow period would be a Sony price cut. That would really help right now," he said.

The quote is part of a Reuters article that looks at E3, the various financial aspects of the industry as it stands today and it's potential economic future.

"If it doesn't happen, I don't think the industry is in for rough times," Pidgeon added. "I do see that, in the fourth quarter, there will be a return to form."

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