PS3 News |
Go back to PS3 News Archive
September 24, 2006- Sony Cuts PlayStation 3 Price in Japan
Sony (SNE - commentary - Cramer's Take) will lower the price of its PlayStation 3 video game console in its home market by more than $100, as the player is set to join the three-company fracas in the holiday season's next-generation battle.
The Associated Press reported early Friday that the Japanese electronics giant will cut the price of its basic PlayStation 3 model in Japan to $410 from an originally planned $515 for its lowest-cost model. That puts the PlayStation 3 in the same range as Microsoft's (MSFT - commentary - Cramer's Take) combined basic Xbox 360 and HD DVD player in Japan, where the duo will sell for $427.
The announcement comes just days after Microsoft said it would roll out an external high-definition DVD player for its Xbox 360 in an effort to match the PlayStation 3, which is due to be released later this year with Blu-ray DVD technology.
The price cut affects the basic PlayStation 3 model, which comes with a 20-gigabyte hard drive. Another upscale version of the PlayStation 3 will have a 60-gigabyte hard drive, the AP reported.
Read Entire Article
Source: The Street
By: The Street Staff
|
