Massive XboX 360 price cuts soon
Hot on the heels of Microsoft slashing Xbox 360 prices in Japan, the long rumored price cuts for the Xbox 360 in the U.S. look to be a reality. And yes, the Xbox 360 Arcade model will now be cheaper than the Nintendo Wii. Based on Radio Shack and Walmart advertising pamphlets, as well as Best Buy and GameStop employee reports, Newsarama is reporting that the most substantial cut is being reserved for the “starter” Xbox 360 Arcade, which only ships with a 256 megabyte memory card.

The Xbox 360 Arcade will drop from $279 to $199 starting September 7, pricing it below the current going rate for the Nintendo Wii. And Microsoft isn’t leaving the Pro or Elite models out of the party. The Pro and its new 60 gigabyte harddrive will drop from $349 to $299, while the 120 gb Elite model will drop from $449 to $399. No cuts have been announced for the 20 gb Pro models, and Microsoft has yet to confirm the other price drops. Of course, the evidence has been out there for quite a while now.
Source: 1up

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New plans from Sony-sell 150M PlayStation 3 consoles
July 23, 2008 by micro-e
Filed under Games, Playstation 3
At present, Sony PlayStation 3 is the worst selling latest-generation video game console. However, Kazuo Hirai, chief executive of Sony Computer Entertainment Inc., hopes that the latest system will eventually outsell its predecessor, Sony PlayStation 2 with 150 million units sold worldwide. “It’s not fun for me replicating the PS2 numbers. I’ve seen that movie already. I want to try to see if we can exceed the PS2 numbers after nine years, otherwise why are we in this business?” said Mr. Hirai in an interview with Financial Times. The original Sony PlayStation that was launched in 1994 was sold in 102 million units quantity worldwide, whereas the PlayStation 2, which was released in 2000, passed the 140 million units mark recently. The market of video games is increasing dramatically, particularly in the U.S., these days, hence, setting an unprecedented goal for the PlayStation 3 is not something strange.

Sony cuts PS3 price by $100
At the E3 Media & Business Summit, Sony announced it was introducing a new PlayStation 3 model with a built-in 80 GBhard drive for $399, replacing Sony’s current 80GB PS3 which retails at $499. The new 80GB model essentially doubles the storage capacity of Sony’s currently offered 40GB PS3 model, which is also priced at $399. The new 80GB PS3 will start shipping in September, according to a statement on Sony’s Web site. The new 80GB PS3 will also include integrated Wi-Fi and a built-in Blu-ray player, but like the old 40 GB model it will not be backwards compatible with PlayStation 2 games. The 40GB version of the PS3 will eventually be phased out, Reuters reported.
Sony’s announcement comes after Microsoft cut the price of the 20GB Xbox 360 to $299 from $349. Microsoft also plans to introduce a new 60GB Xbox 360 model that retails for $349, to eventually replace the 20GB model, which will be gradually phased out. This price cut is not Sony’s only salvo against Microsoft. Sony announced earlier at E3 that it would be introducing a new video distribution service, as competition for Microsoft Xbox Live, according to Reuters. In addition to watching videos on their PS3s, users will also be able to transfer downloads to their PSPs for portable viewing. With these new announcements from both Sony and Microsoft, Nintendo’s next move is open to question.


