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Sony cuts PS3 price in India

techtree reports
"With Christmas inching closer, consumer electronic companies are finding ways to lure customers. Sony India has announced a price reduction on its 40GB PS3 console. The console now costs Rs. 22,990, which is Rs. 2,000 less from the original price. Sony is also bundling a free game along with it.

For those who are still unacquainted of the features, PS3 s heart is the cell broadband engine processor and is equipped with a Blu-Ray drive, 40GB hard drive to store all the saved game and downloaded content, Wi-Fi and HDMI connectivity support.

Sony expects that such a price reduction will spur PS3 sales and would urge gamers to start gaming right away with the included free game.'

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riksweeney4424d ago

Is this the start of worldwide price drops?

Sony really need to drop the price of the console, they can make the money back on the games and micro-transactions in Home.

I know that they must be losing a lot of money with each console sold, but it can't be any worse than what Microsoft lose on the 360, and they're (hopefully) making some of it back from the games.

Beast_Master4424d ago

I think they get a small royalty fee from every BR that is sold? (Some one please correct me if I am wrong bc I really am not certain.) So it makes sense to get their gaming console out to as many people as humanly possible. But I agree if they are still losing $150 for every system they sell then a price cut should be hard to stomach.

I hope they do cut price because I know there are alot of people that want a PS3 and are counting on it to drop it's price.

Captain Tuttle4424d ago

Maybe it has something to do with the strength of the Yen vs. the Rupee. If the Yen is weak against it that would make it easier for Sony to drop the price there.

interrergator4424d ago

HEY wat about us in the U.S

DrWan4424d ago

i dont think this is anything guys, probably currency readjustment

Citizen Cook4424d ago

DROIDS - why still support a company that treats you like second class citizens...

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