Sony launched the PlayStation 3 Slim at $300, and Microsoft lowered the Xbox 360 Elite's price by $100 to match that price. After Redmond made its move, a Nintendo spokesman was approached and said the company had no intentions of following suit. That didn't stop the rumors, of course, as unofficial reports of a planned Wii price reduction flooded the Web.
With Nintendo aboard the bandwagon, will sales explode as witnessed during the PS3 Slim's release? PlayStation 3 shipments rose by 104% during its launch week -- sure, some of those sales were laggards waiting for a deal, but there is no doubt Sony legitimately bagged many new customers.