PS2 Price Cut Signals

PS2 Price Cut Signals - News

Analysing the Ps2 Price cut mood, the analysts tracking Sony Corp. say that the company is likely to cut down the price of its flagship Ps3 Video game system sometimes in this year..

According to the announcement of Sony's computer entertainment, PS2 Price will be cut down to $99.99. The Ps2 Price cut of 23% will take effect from wednesday and the Ps2 price cut will sustain the life of Ps2. Before the announcemtn of Ps2 Price cut, he had already sold 136 million units of Ps2 world-wide.
Critics contend Sony now needs to lower its PS3 prices for a number of reasons, starting with staying competitive with Microsoft Corp. (MSFT), which saw sales of its Xbox 360 jump after lowering the price and bundling the system with games in early September.

PS3 price-cut pressure increased in December, when analysts said Sony might not reach its goal of selling 10 million PS3 consoles through March without a price reduction, as sales for the hardware dropped despite gains by competitors. March videogame console sales results won't be available for another two weeks, a Sony spokesman said. More..

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