Feeds

Sony preps PS2 price cut

Down to $129 by the end of the month, analyst claims

Top 5 reasons to deploy VMware with Tegile

Sony is close to announcing PlayStation price cuts, in the US at the very least. Stateside, the price will fall from $149 to $129 before April is out, an industry analyst forecast yesterday.

Citing "industry checks", Lazard Capital Markets analyst Colin Sebastian told clients the price-cut would be made to "bring the current-generation consoles within reach of more value-oriented customers" and to "drive demand at the end of a console cycle", Reuters reports.

Sony is certainly expected to reduce the PS2's price in the run-up to the launch of the PS3 in November. The consumer electronics giant is believed to have earmarked an 8 May event to detail further PS3 specifications, the initial games line-up and, crucially, pricing, so a PS2 price cut ahead of such a revelation would make sense.

Sony needs to help sales of the older machine along while many consumers hold back from making a purchase until the PS3 debuts. A lower PS2 price might just tempt them to buy early. ®

Top 5 reasons to deploy VMware with Tegile

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.