PS3 price cut unlikely to happen any time soon, says EA

The chief financial officer for Electronic Arts has suggested that a price cut for the PlayStation 3 and Xbox 360 isn’t likely to materialize any time soon.

Speaking at the Morgan Stanley Technology, Media & Technology conference in San Francisco (via GameSpot), Blake Jorgensen commented:

“At some point [Microsoft and Sony] will most likely bring those prices down, which could expand the marketplace for old-generation software.

“I’m guessing it’s probably late in the year or maybe even after next Christmas. I don’t know; they’ve not told us what their plans are but it’s probably not any time real soon.”

PS3 launched in November 2006 and is currently available in the Super Slim variety, while Xbox 360 arrived a year earlier and has also undergone similar hardware modifications.

While the industry is beginning to transition to the next generation of formats, it is believed both PS3 and 360 will be supported for a number of years to come.

----
related articles

Related Content

Comments

Share With Your Friends!

The Facebook Platform

Connect to PSU's social reader to share articles and see what your friends are reading. [ More info ]

Related information

  • Related game: PlayStation 3

    Release date (US):
    November 17th, 2006
    Developer:
    SCE
    Genre:
    Misc - Hardware
    Rank:
    3 of 2,667 Games
    Up 0 places (in last 7 days)

Related images

RSS feed

Forum discussions

More

6,219,372 Posts | 194,539 members