Video-game publishers are pressurizing Sony Corp to take its pick out of two alternatives - one, lower the price of its PlayStation 3 console; and two, face the possibility increased development funds going Nintendo Wii's way! At its starting price of $399.99, the PS3 is $150 more than Wii and $200 more than the most-economical Xbox 360.
According to analyst Mike Hickey, of Janco Partners Inc. in Greenwood Village, Colorado, even though Sony has thus far stood unyielding against calls for lower price, there is likelihood that it might trim the price of PS3 by $50-$100 in the near future.