Sunday, September 24, 2006

Japan Slashes PlayStation 3 Price

Competition and possible economic growth is heating up between Sony, Microsoft, and Nintendo. Sony is cutting costs for its newest PlayStation 3 by 20 percent to compete with competitor prices. This news came just after Microsoft said it would give consumers a high definition DVD player for its Xbox 360.
What's interesting is that the price slashing is just happening in Japan. Why? Japan is one of the world's biggest video game markets. Japan will also be able to purchase the gaming system one week prior to the United States and other countries. Sony had delayed upgrades to the PlayStation, so critics feel this will give the company a badly needed boost. Competing with Sony and Microsoft is Nintendo which will offer, Wii, another gaming system that will be priced even lower.
Globally, Japan continues to lead the way for this type of technology and most likely controls what games and systems are out there worldwide. Will you as a consumer be lead to purchase any of these three mentioned and if so what factors will lead to your choice? Does the company which produces it, influence your decision to purchase it?
www.cnn.com/2006/TECH/fun.games/09/22/sony.playstation3.ap/index.html

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