Eric Krangel from Business Insider writes:
Earlier this week, Sony (SNE) cut the prices of its somewhat outdated PS2, to about $100.
Sony's John Koller says it's about competing with Nintendo's (NTDOY) Wii:
"I think you can look at the PS2 as the competitor to the Wii," he said. "If you look at the technology and types of games launching for the Playstation 2, it lines up much closer to the Wii than the Wii does to next generation consoles And the Playstation 2 has a significant advantage in terms of broader consumer appeal."
Sorry, John. The PS2 doesn't compete with the Wii.