Sony PS3 will see no Price Cut for Christmas says Sony

Oct 13 2008, 7:50am CDT | by Luigi Lugmayr

Sony's CEO smashes hopes that Sony would lower the price of the Sony PS3 console in time for the Holidays. Kazuo Hirai told the Financial Times that the current PS3 pricing is the one that Sony will go into the Holiday shopping season.
Sony is arguing that the Sony PS3 is a better value than rivals half its price.

We already reported last week that besides consumers also industry analysts would like to see a price drop amidst the much lower pricing of the Xbox 360 and the economic uncertainties.
I agree that there is a lot of value inside a PS3. You get a Blu-ray player and hard drive along with great media features and video games. In the end it is more a question of if the Xbox 360 or the Wii deliver equal fun for much less money if you just look at game play.
More details on the Financial Times.

The new 80GB Sony PS3 sells for $399.99 on Amazon.com.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.