Sony Under Pressure to Lower the PS Vita’s Price

The Nintendo 3DS will officially drop its price later this week and according to various sources this may have a direct effect on the PlayStation Vita.

Bloomberg spoke to Ace Securities Tokyo-based analyst Hideki Yasuda and he claims that Sony will soon respond to Nintendo’s actions with a price cut of their own. “Gamers are increasingly anticipating Sony to lower prices, especially after the 3DS cut,” he stated. “Sony is under major pressure to cut the price of the Vita or risk a major failure.”

In any way, last week Sony executive deputy president Kaz Hirai said to the press that: “We packed so much into the device and made it very affordable. There is no need to lower the price just because somebody else that happens to be in the video game business decided that they were going to lower their price.”

When the portable console launches it’ll come in two different versions: a 3G model and a Wi-Fi model. The former includes a mobile broadband connection and will be available for $299 (¥29,980, €299). The Wi-Fi model will be $249 (¥24,980, €249). Additionally and according to Associated Press, the PS Vita will not be ready for Christmas in North America and Europe. The report claims that Sony will be releasing the system in Japan later this year instead.

For many, portable gaming as we know it will soon perish as most people play games on their iPhones and iPads rather than on these really expensive systems. Furthermore, spending $40 on games is a thing of the past, especially when you can buy 40 iOS games for that price.

Will you buy a 3DS when the price drops? Will you wait and get a PS Vita instead? Which do you think is a better portable console? Which has more potential? Do you prefer playing games on your phone or your old PSP? Let me know your personal opinion about the matter on the comment section.