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Send to email | Pachter: Console Price Drops This Holiday [2008 Electronic Gaming Summit] in 2008 Electronic gaming summitIndustryMichael PachterNews | By Brian Crecente el 20-May-2008 | Analyst Michael Pachter expects a $50 price drop will be hitting both the Playstation 3 and Xbox 360 this holiday, but that it will still be hard for the industry to match last year's extraordinary holiday sales.
Speaking at the Electronic Gaming Summit this afternoon, Pachter said that he expects an overall slowdown in video game sales over the next three years.
Pachter expects the industry to see 19 percent growth in the U.S. and 20 percent in Europe this year, with his predicted price drop this holiday. Next year, Pachter expects growth to dip to 16 and 18 percent, unless the consoles drop another $100, which would add another five percent to growth. In 2010 growth will slow to 10 percent and seven percent, unless consoles drop in price by $150, Pachter said.
By the year 2011 Pachter predicts that the industry will flatline unless a new console is introduced.
Wait. That means that game sales will flatten out after six years unless we get a new console. There goes Microsoft's hopes for a seven year console and Sony's plans for a ten year one.

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 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Nintendo: Wii Gamers Are Hardcore Gamers [2008 Electronic Gaming Summit] | |
The average Wii gamer is a hardcore gamer, Nintendo of America's Cammie Dunaway told the Electronic Gaming Summit today.
Seventy-nine percent of Wii gamers are male, most older than 18 with an income of $50,000 or more and more than half game for five or more hours a week, Dunaway sai [..] Read complete article | ![Subscribe to Pachter: Console Price Drops This Holiday [2008 Electronic Gaming Summit]](http://www.weeklybits.com/images/yaaqui3.gif) | Published 21-May-2008 by Brian Crecente in 2008 Electronic gaming summitCammie DunawayDsIndustryNewsNintendoTopWii Read 3 times. More hits in ![Images about Nintendo: Wii Gamers Are Hardcore Gamers [2008 Electronic Gaming Summit]](./images/photo.gif) |
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 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Joystiq | Blogger | Covers video game news from an independent, unbiased perspective Joystiq Joystiq |
| Wal-Mart gaming blog holds 'green gaming summit' | Filed under: Business
We couldn't help but feel a little guilty as we read about a recent "green gaming summit" held by Wal-Mart's gaming blog, Check Out. Perhaps it was the revelation that our consoles, which we constantly lea [..] Read complete article | ![Subscribe to Pachter: Console Price Drops This Holiday [2008 Electronic Gaming Summit]](http://www.weeklybits.com/images/yaaqui3.gif) | Published 31-Aug-2008 by Griffin McElroy in check-outenvironmentgreen-gaming-summitwal-mart Read 0 times. More hits in  |
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 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| 2D Boy Drops Historic First F-Bombs During ... [Nintendo Media Summit] | | 2D Boy Drops Historic First F-Bombs During A Nintendo Presentation. Kudos to 2D Boy's Kyle Gabler, for bringing the adult language to the Nintendo Media Summit. It's certainly the first Nintendo media presentation to feature the phrase "Fuck that" delivered by a presenter. Later, Kyle kept it rated-M by announcing that other games "can totally fuck you" in relation to asynchron [..] Read complete article | ![Subscribe to Pachter: Console Price Drops This Holiday [2008 Electronic Gaming Summit]](http://www.weeklybits.com/images/yaaqui3.gif) | Published 11-Apr-2008 by Michael McWhertor in 2D Boynintendo media summitWiiwiiwareWorld of Goo Read 5 times. More hits in ![Images about 2D Boy Drops Historic First F-Bombs During ... [Nintendo Media Summit]](./images/photo.gif) |
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 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| EA Plans to Reup NFL License When it Expires [Nfl] | | Electronic Arts plans to reup their licensing deal with the National Football League in 2013 when their current deal expires, EA Sports president Peter Moore told attendee's of Ziif Davis' annual Electronic Gaming Summit.
Moore was quick to point out that it wasn't Electronic Arts that asked for [..] Read complete article | ![Subscribe to Pachter: Console Price Drops This Holiday [2008 Electronic Gaming Summit]](http://www.weeklybits.com/images/yaaqui3.gif) | Published 21-May-2008 by Brian Crecente in 2008 Electronic gaming summitEaElectronic ArtsIndustryMaddenNewsNflPeter Moore Read 1 times. More hits in ![Images about EA Plans to Reup NFL License When it Expires [Nfl]](./images/photo.gif) |
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