Sony to Cut PS3 Price (again), Gaining Market Share

Sony which recent;y announce a price cut of $100 for the Playstation 3 console is likely to repeat it again this coming Christmas. According to inside news, the price cut taken into consideration in view of the slow sales and poor demand for the console.

Currently, Xbox 360 and Wii have outsold the PS3 by several times in the crucial U.S. market, this reflects badly on Sony and its almost monopoly market of console market during the last decade.

Not only the PS3 is getting a price cut, the Playstation Potable is also getting a minor face life with better battery life and more functions, on the other hand Playstation 2 which is still on sale has been slim down and cost of production has been greatly reduce by 20 – 30 %.

Nintendo and Playstation 3? Xbox is definitely a big no, rumors has it that the faulty rate for xbox is as high as 30%, not only that, Xbox has a warranty for 3 years because so many owners of Xbox got pissed off with its constant breakdown and simply decided to dump it instead of sending for the free repairs.

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