Sony cuts PS3 price, adds video
p2pnet news view | Games:- Sony’s PS3 is better than Nintendo’s Wii, stated Sony boss Howard Stringer a couple of days ago.
Nonetheless and notwithstanding, he may believe Microsoft is the real threat, suggests the Mercury News.
“In a bid to regain lost ground in the fiercely competitive gaming business, Sony announced Tuesday that it will cut the price of its high-end PlayStation 3 console by $100,” says the story.
“It also will introduce downloads of movies and TV shows to the game machine’s online store and, with some software partners, roll out a number of exclusive games.”
The moves, “uggested that Sony still views Microsoft as its chief rival rather than market leader Nintendo, which seems focused on extending its lead,” it states.
“But, of course, that’s not how Sony brass portrayed its announcements at a press event here at the game industry’s E3 conference.”
Five years ago, the “common sense” view was to be pessimistic about Nintendo’s future because it had lost out to Sony in two consecutive console cycles, noted
Advertisement, says the Mercury News.
But, “In a paradigm shift, common sense doesn’t seem to make as much sense any more,” it has Satoru Iwata, Nintendo’s president observing.
Sony is also launching a video service that, “resembles one already available on its rival’s Xbox Live service,” adds the story.
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better than - PS3 better than Nintendo Wii, says Sony boss, July 14, 2008
Mercury News - Sony cutting price of PS3, adding video downloads, July 14, 2008
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