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PS Vita price drop tipped but may not be needed

The Sony PS Vita has been available for only a few days now, and has been pretty well received so far even though there has been a few early niggles with the device. But already a PS Vita price drop is being tipped by some even though there may be no need for it.

Even though the PS Vita has only been available for a few days in most regions, certain analysts are comparing the sales of the device in Japan with those of the Nintendo 3DS according to a report on ZDnet. Jia Wu of Strategy Analytics is using the situation that Nintendo faced shortly after the launch of the 3DS.

It saw a successful launch but sales quickly fell away, which was put down to the weak lineup of launch titles and the high price. This led Nintendo to slash the price of the console and is now reaping the rewards with record sales of the 3DS.

When the PS Vita was launched in Japan it sold an impressive 300,000 units during the first week of availability, but this soon dropped to around 20,000 a week. Jia is blaming the high price for the console for the sluggish sales for the new console.

Since the 3DS saw a price cut it became the fastest console to achieve five million sales in Japan. Early sales of both systems were by early adopters who are fans of the platforms and would have purchased the device no matter what the price was.

Meanwhile Strategy Analytics are suggesting that if Sony were to reduce the price of the console it could achieve 12.4 million unit sales around the world this year. It is being suggested that after the first surge in sales in the US and Europe, these regions will follow the situation in Japan.

Understandably Sony has said there are no plans for a price cut and the company has obviously invested heavily into the PS Vita. Some gamers have commented about the high price of the 3G version of the device considering a monthly data charge is needed on top of the initial console price.

The cost of the PS Vita Memory Cards has also been a concern for some gamers, but some retailers have already offered the Wi-Fi version at a really competitive price. It will need a few months of sales before you could say the device needs a price cut, and some gamers could be waiting until then or for when more content is released.

Do you think the PS Vita will see a price cut this year?

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