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Second PS3 price cut announced

July 10th, 2007 · No Comments

A second price cut has been announced, this time for Canada. Sony has instructed Canadian retailers to cut the price of the 60GB PlayStation 3 to 549 Canadian dollars. A UK price revision is expected to be announced Thursday, a move confirmed by the Managing Director of Sony Computer Entertainment in Australia, Michael Ephraim. He says that an announcement relating to all PAL markets will be made, with some pundits predicting a 17 per cent price cut. Speculation is now mounting about retaliatory price cuts from Microsoft for the 360.
Microsoft will launch a revised version of the Xbox 360 later this year, using new microprocessor and GPU along with a redesigned motherboard. Codenamed Falcon, the new chipsets are smaller and run cooler. It’s hoped that this revamp will go a long way to curing the Xbox’s Achilles Heel, the Red Rings Of Death.

Tags: HD DVD and Blu-ray · Home cinema · Internet and networking · Trade · Video games

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