Media
Microsoft (MSFT) And Sony (SNE) To Drop Game Prices
Published:
Last Updated:
Sony (SNE) is getting ready drop the price on its PS3 and Microsoft (MSFT) is set to do the same with the Xbox 360. At least that is how “inside baseball” tech site Ars Technica tells it.
The probability that price cuts are coming makes sense. The recession has decimated video game console sales and Microsoft and Sony still lag behind Nintendo.
The Wii still outsells Xbox 360 and PS3 most months and in most countries. The price of the Wii is well under its two rivals, and it is easier to use. according to most video game players.
Ars Technica makes the point that the systems are becoming less and less expensive to build which means that the two large companies may be able to protect their margins even if they have to offer discounts.
Nintendo may be getting new competition based on price just as its Wii starts to age which may rearrange the pecking order in the industry.
Douglas A. McIntyre
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
