Pachter Shoots Down PlayStation Vita Price Cut Rumours

By Darryl Kaye on January 5, 2012, 7:28PM EST

Following the PlayStation Vita's shaky start in Japan, there have been calls for a price cut from numerous retailers. However, Wedbush Morgan Securities videogame analyst Michael Pachter believes talk of a price cut is unfounded.

"There's no chance for a price cut," said Pachter. "The price points for software are what I expected, and highlight the disparity between casual smartphone games and premium console-quality handheld games."

Some Japanese retailers have taken to cutting the price themselves on the 3G version of the system as they look to drive more sales for the console.

Source: Forbes

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