Sony: No PS3 Price Cut Coming

[Holstein912]

Company chief says Xbox cut shows PS3 is winning

Washington, D.C. (July 14, 2008) -- Sony Chairman Howard Stringer says the company does not plan to lower the price of its $399 Play Station 3, which has a Blu-ray player inside.

Stringer made the remarks Friday to Bloomberg News following reports that Microsoft is cutting the price of its XBox 360 from $349 to $299.

The Sony chief said the Microsoft price cut is evidence that the XBox is falling behind the PS3 in overall sales. According to The NPD Group, PS3 sales have surpassed the XBox this year, although both consoles still trail Nintendo's Wii.

"We're not considering lowering the price," Stringer said. "We don't have to be nervous about what Xbox 360 does. We're in fine shape."

Since the PS3 has a Blu-ray player inside, a price cut would help drive sales of the high-def disc as well.

Source: TV Predictions

Cheers

Holstein912

[xxylplyx]

Guess they were just kidding...

updated 3:08 p.m. PT, Tues., Aug 18, 2009

After weeks of rampant speculation, wild rumors and unconfirmed sightings, as well as the leaking of grainy photos and shaky video footage, Sony has finally revealed the truth: Bigfoot does, in fact, exist.

Sorry. What I meant to say is that Sony today revealed that the PlayStation 3 Slim exists. And consumers will be able to buy the new game console — a PS3 that comes with a thinner, lighter shape and a 120-gigabyte hard drive — for $299, which is a whopping $100 less than the PS3 has been previously priced at.

During a press conference in advance of the GamesCom video-game convention in Cologne, Germany, Sony executives announced that the PlayStation 3 Slim will be available starting Sept. 1 and that the company will also drop the price of the current 80 gigabyte PlayStation 3 to $299 — effective immediately. Meanwhile, its 160-gigabyte model will drop from $499 to $399. (Both the 160- and 80-gigabyte models will be discontinued once they sell out.)

Source: msnbc

[Cujo98]

What it suppose to look like

[xxylplyx]

looks cool... I want one. I have the old Huge 60 GB Version.

[bsdave999]

Can't wait--- ha ha