PLAYSTATION 3 (PS3)
PS3 Price Cut in August Timed with Madden Launch?
Industrygames - June 8, 2009
Submitted by apujanata (3) at 5:00PM PST on June 9, 2009
Sony may be preparing to lower the price on PS3 this August in order to take advantage of the launch of EA Sports' Madden, which is always an event unto itself. Sterne Agee analyst Arvind Bhatia reports in his latest industry note that “industry sources indicate Sony is planning a $100 price cut on the PS3 in mid-August, just prior the launch of Madden (8/18) and the start of the back to school shopping season. This will naturally be a positive for the industry.”