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Sony may cut price of PlayStation 3 | Here's the deal: Bargains in Dayton
 

Home > Blogs > Here's the Deal > Archives > 2009 > May > 15 > Entry

Sony may cut price of PlayStation 3

CNBC reported Thursday, May 14, that Sony — which just suffered its first quarterly loss in 14 years — came close to confirming it will cut the prices of the PlayStation 3 this year.

ps3.jpeg
PlayStation 3 may cost less than $400 soon

Any price cut for the PS3 would be good news for consumers. As CNBC noted, at $400, the system is by far the most expensive gaming machine on the market.

Also, the price cuts could increase pressure on competitors to lower prices.

But this is still speculation at this point. As Sony corporate executive officer Nobuyuki Oneda said during a question-and-answer session: “This is a very serious issue. If we announce our pricing strategies, that affects our inventory level.”

At any rate, if you are in the market for a PS3 or another system, you might just want to wait and see how this shakes out.

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