PS3 Price Drop

Microsoft are (we think) dropping the price of the 360 by $50 this weekend, but Sony are staying with their current price points, at least for the time being, according to Smart Money.  “Our strategy is not to sell more quantity for PS3 but to concentrate on profitability,” said chief financial officer Nobuyuki Oneda speaking to investors overnight.

“Our plan is to not reduce the price.”

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