More console price cuts may be coming this year, say analysts

Thinking about buying an Xbox 360, PlayStation 3 or even a Wii? You might want to wait a while longer. Game industry analysts say another round of price cuts could be on the way.

On some levels it makes plenty of sense. Today’s game machines are four and five years old — historically the point at which the next generation makes its debut — but still carry pretty hefty prices, especially for mass consumers. And after last year’s disappointing sales figures, the industry could use a big rebound.

Read more at Yahoo! Games