Sorry, cheapskates: Sony has no plans to cut the price of their PlayStation 3.
Sony’s chief financial officer Nobuyuki Oneda told investors: "Our strategy is not to sell more quantity for PS3 but to concentrate on profitability...Our plan is not to reduce the price."
Microsoft is widely expected to cut the price of its 20GB Xbox 360 console by $50 to $299 at or before E3. We'll let you know as soon as we know.
Next Generation: Sony Has No Plans to Cut PS3 Price
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