With the market becoming competitive daily, Sony has already announced a price cut for its next Gen console. Sony will cut the domestic price of its basic PlayStation 3 model to 47,600 yen, or about $410 USD, from an originally planned 59,800 yen, or $515 USD. That puts the PlayStation 3 in the same range as the combined basic Xbox 360 and HD DVD player in Japan, where the duo will sell for 49,600 yen, or $427 USD. There are no plans to lower prices in the U.S. or other markets.
There are no plans to lower prices in the U.S. or other markets, Sony spokeswoman Nanako Kato said. In Japan, the game will hit stores on Nov. 11.
In the U.S., it will go on sale Nov. 17 at $499 for a 20 gigabyte hard drive version and at $599 for the 60 gigabyte version.
The decision could give Sony a badly needed boost at a time of embarrassing delays for the highly anticipated upgrade. Rival Nintendo Co. is also scheduled to release its next-generation Wii gaming system by year’s end, while Xbox 360 has been selling in Japan since December 2005.
As a US citizen I feel shafted.
Source: The Inquirer


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