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Post details: Sony To Slash Playstation Prices

07/09/07

09:46:31 am, Categories: Juicy News From The World Of Business, Science and Technology, Shopping Tips 203 words

Sony To Slash Playstation Prices

Sony is set to cut it's price on the Playstation 3 in the United States in a hope that this move will boost its sales according to a report on the BBC. Here is a snippet in regards:

Sony is slashing the price of its PlayStation 3 games console by 17% in the US to boost sales.

As a result of the $100 price cut the PS3 will now cost $500 (£249), $20 more than the rival Microsoft Xbox and twice as much as the Nintendo Wii.

The Xbox and Wii have been significantly outselling the Japanese firm's PS3 in the US market.

The news came as Microsoft said it would not be cutting the Japanese price of its Xbox to lift lacklustre sales.

Microsoft made the announcement a week after it said it was spending $1bn to repair problems with the Xbox 360.

Full BBC Article Here

We do own a Playstation, but to be honest I have always preferred Nintendo's gaming products over that of Sony. Therefore this news will not really affect my own purchasing. However, if you are a fan of the Playstation, and planning on making a purchase you may just want to hang in there until the price drop takes full affect.

Cheers!
Sue
XOX

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