February 28, 2007
PS3 Price Cut Expected In 2009
Dow Jones has confirmed to not expect a PlayStation 3 price cut until 2009. The article had also stated that Sony will introduce the ability to download music and movies via PlayStation Store.
“Although analysts say price reductions would benefit PS3 sales, Sony isn’t likely to make any price cuts for at least another two years, said Kimberly Otzman, a spokeswoman for Sony Computer Entertainment America. She noted a similar time frame for lowered prices for the PS2. ‘We probably expect the same for PS3,’ Otzman said, adding that while the console’s price is higher than competitors’, it comes completely packaged so consumers don’t have to buy extra equipment or attachments.”