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Activision CEO: Economy to Force Console Prices Down
Activision CEO: Economy to Force Console Prices Down
With the economy being what it is and the price of oil and food only going up, Activision CEO Bobby Kotick thinks that console manufacturers are going to feel compelled to lower prices.
Posted by David Radd on Thursday, May 01, 2008
Activision CEO Bobby Kotick today said to Reuters that he expects the current slump in the economy to force console manufacturers to lower their prices.
"With the rising costs of fuel and food and housing, it is more difficult to go out and buy a $399 console, and I think it's going to put pressure on the console manufacturers to reduce their prices," said Kotick.
He went on to comment that Electronic Arts' proposed $2 billion buyout of Take-Two would give EA too much leverage in the sports gaming field.
"That's concerning, sure," said Kotick. "When you think about one company in control of the sports category, with no competition from anybody else, that could be a challenge."
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Originally Posted by blackdelsol94
Thats sweet why dont we get them??  |
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Originally Posted by Kabooki
Because they are trying to make us AMERICANS jealous since we ROCK!
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