Sony mum on PlayStation price cut

Iria · Oct 30, 2005, 03:36 PM

NEW YORK (CNN/Money) - Could Sony have a November surprise up its sleeve as Microsoft prepares for the Xbox 360's launch?

While the company, its partners and analysts have all maintained there are no plans to lower prices on the PlayStation 2 this holiday season, a recent announcement has raised questions about whether there might be a shift in Sony's plans.

As part of its earnings release Thursday, the company raised its PS2 shipment forecast by 1 million units.

The PS2 has always been popular (last holiday, retailers couldn't keep them in stock), but it faces stiff competition this year. Let's be honest: It's not the youngest kid on the video game block; in fact, it's the oldest. It's still the strongest, though, and doesn't intend to give up its sales crown - even for the short term - without a fight. That could conceivably mean a price cut.
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Read More / Source: CNN Money

Oct 30, 2005, 03:36 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Sony mum on PlayStation price cut NEW YORK (CNN/Money) - Could Sony have a November surprise up its sleeve as Microsoft prepares for the Xbox 360's launch? While the company, its partners and analysts have all maintained there are no plans to lower prices on the PlayStation 2 this holiday season, a recent announcement has raised questions about whether there might be a shift in Sony's plans. As part of its earnings release Thursday, the company raised its PS2 shipment forecast by 1 million units. The PS2 has always been popular (last holiday, retailers couldn't keep them in stock), but it faces stiff competition this year. Let's be honest: It's not the youngest kid on the video game block; in fact, it's the oldest. It's still the strongest, though, and doesn't intend to give up its sales crown - even for the short term - without a fight. That could conceivably mean a price cut. ____________ Read More / Source: CNN Money