Sony Cuts 20% Off Price of PlayStation 3 in Japan

Authored by Mark Hefflinger on September 22, 2006 - 11:22am.
Tokyo - Sony announced on Friday that it will knock 20% off the price of its forthcoming PlayStation 3 console in Japan, but currently has no plans to do the same for the U.S. or other markets, the Associated Press reported. The discount follows Microsoft's announcement of pricing for an HD DVD player accessory, which brought the total price for an Xbox 360 and HD DVD player in under Sony's initial $515 price tag for the PlayStation 3. The PlayStation 3 -- which features an embedded Blu-ray DVD player -- will now sell for $410 when it goes on sale in Japan on Nov. 11, below Microsoft's $427 price tag for a premium Xbox 360 and the HD DVD accessory. The PlayStation 3 will go on sale in the U.S. on Nov. 17, priced at $499 for a 20GB model and $599 for a 60GB model.
http://news.yahoo.com/s/ap/20060922/ap_on_hi_te/japan_sony_playstation_10

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