Jul9

SONY CUTS PlayStation 3 PRICES AS MANY Xboxes FAIL

The cost of some computer game systems is out of control.  Not only are they costly, there are reports of massive breakdowns in the XBox360 system.  Sony is taking advantage of the situation and will lower the price of its PlayStation 3 system on Thursday by $100.

"The lower price of the 60-gigabyte device comes as a rival system, the Microsoft Xbox 360, is inundated with reports of widespread product failures. Microsoft announced last week that it would spend up to $1.15 billion to repair the machines."

"The other rival system, Nintendo’s Wii, is hard to find in stores because the company miscalculated demand. Lines still form at stores that announce they have the product, and units are listed by sellers on Amazon.com at up to twice the suggested retail price of $250."

"Sony said it would also introduce an 80-gigabyte PlayStation for $600. It had discontinued a 20-gigabyte model earlier."

[read whole story]


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