Strategy Analytics: Xbox Price Cuts Put New Pressure on Sony's PS3.

0 Comments | M2 Presswire, March, 2008

M2 PRESSWIRE-10 March 2008-STRATEGY ANALYTICS: Strategy Analytics: Xbox Price Cuts Put New Pressure on Sony's PS3(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:10032008

London, England -- Sony's PS3 games console was today put under renewed pressure by price cuts to Microsoft's Xbox 360 console in Europe, according to industry analysts Strategy Analytics. Microsoft has confirmed that the recommended prices of each of its Xbox 360 console models will be reduced from Thursday this week. The entry level model, the Arcade, is now the cheapest of the current generation of consoles from Microsoft, Sony or Nintendo. The most expensive, the Elite, is now GBP40 less expensive than Sony's PS3.

"Sony will be nervous that the PS3's recent sales surge may...

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