Monday, July 09, 2007

Sony Drops The Price...

The headline for the news today "should" read 'Playstation 3 finally drops the price' or even 'After 234 days, Sony does something right'. Whatever the headline turns out to be, it still is the same news. Sony drops the price of the PS3 by one hundred bucks. This ends the week of rumors that swirled around this.

The price drop and the announcement of an 80GB PS3 bundled with Motostorm, came days before the E3 Press Summit. The 80GB bundle will be arriving sometime in August at the price point of $599.


So what does this do for Sony? Besides creating media buzz, it's a step in the right direction. A step in a long journey, but a step nonetheless. Yet it will not surprise me if even the bundle does not come with an HDMI cable.

Now if the PS3 comes with a few more exclusive games, it might be worth the $499. For those that are going to comment that it is a cheaper Blu-Ray player. I will agree with you. It is. Personally I am not going to shell out $499 just to play Russian Roulette with disc formats.

This E3 is important for Sony. There is no denying that. Given the news that came out from GDC, I feel Sony might have something still up their sleeve. What they need is something the gain ground in sales. With Sony being roughly 8 million units behind the 360 and roughly 5 million units behind the Wii, there has to be something Sony can do to convince people to buy a PS3.

The E3 Media and Business Summit takes place July 11th-13th in Santa Monica, CA.

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