Sony Set To Win The Holidays If Microsoft Don’t Act Quick – Pachter

Will Sony win this holiday season in the hardware and software sales department against Microsoft? Yes, says Wedbush Morgan Securities analyst Michael Pachter, especially after the PS3 price cut from $299 to $249.99, adding Microsoft must match Sony’s actions in order to even stand a chance.

“If Microsoft does nothing, I think PS3 will outsell Xbox 360,” Pachter told Industry Gamers, however Pachter added Microsoft will act, saying MS are a proud bunch.

“My friends at Microsoft are extremely proud, and they absolutely refuse to tolerate the possibility that the PS3 will outsell the Xbox 360. I think they have the ads printed for the Xbox 360 price cut, and will drop them on us the instant they see PS3 sales greater than 360 sales.”

We’ll see how this pans out.