No price cut for the PS3, says Sony

By Justin Mann on July 11, 2008, 4:55 PM
Even though an Xbox 360 price drop is rumored to be imminent, no matching price drop is currently being planned by Sony. Despite sales for the PS3 still remaining weak compared to the Wii and 360, Sony is staying the course and has commented that they will not reduce pricing on their console.

According to Sony, the game and console sales for the PS3 are nearing profitability, so long as sales don't take a hit due to Microsoft's actions, a price cut is not needed in their books.




User Comments: 2

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Supra said:
PS3 sales are only weak compared to the WII and that is to be expected. The PS3 is gaining on the 360 in install base and since launch has sold more than the 360 at the same time in its lifespan by a fair margin [url]http://vgchartz.com/hwlaunch.php[/url]
seanp789 said:
Sony recently reported a $3 billion loss on PS3 sales. They really don't have any motivation to drop the price unless sales take a major hit. With the economy slowing down it might be possible but not likely. People still buy PS3 for it's blu-ray capability. [url]http://videogames.yahoo.com/feature/sony-has-lost-over-
-billion-on-the-ps3/1223467[/url]
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