Smartphone and Gadget News by ElectroGeek

While everyone’s crying been out for a PS3 price drop since the console launched in March, the Bank of America’s Michael L. Savner has said he doesn’t think it would be enough to stimulate sales of the console significantly.

“Despite growing anticipation that a $100 price cut for the PS3 is imminent this summer or early fall, we do not believe such a move would meaningfully improve stagnant PS3 sales and we are growing more concerned that a share shift away from Sony and Microsoft to Nintendo’s Wii platform is incrementally negative of all third-party publishers,” Savner said.

Full Story Via CVG

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