….”At this point, we do not anticipate either Nintendo or Sony to match the Xbox 360 price cut,” says Sebastian, citing continuing Wii supply constraints and past remarks by Sony that PlayStation 3 price cuts won’t happen this year.

The price reduction for Xbox 360 could also boost sales of Guitar Hero and Rock Band in particular, says Sebastian, standouts in what may turn out to be an overall boost in sales of industry software and hardware both as a result of Microsoft’s decision, which he calls “good news” for the entire industry.”

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